Nasdaq IPOs

East Stone Acquisition, a blank check company formed by East Stone Capital to acquire a fintech business, raised $120 million by offering 12 million units at $10. The SPAC originally filed to raise $100 million. Units consist of one share of common stock, one warrant to purchase

EnVen Energy, an E&P focused on deepwater oil projects in the Gulf of Mexico, withdrew its plans for an initial public offering on Wednesday. It had originally filed to raise an estimated $300 million in October 2018 and last updated its filing in April 2019. The Houston

MingZhu Logistics Holdings, which provides trucking services and logistics in China, announced terms for its US IPO on Tuesday. The Guangdong, China-based company plans to raise $13 million by offering 3 million shares at a price range of $4.00 to $4.50. At the midpoint of the p

FreeCast, which provides an integrated platform for video streaming services, filed on Tuesday with the SEC to raise up to $17 million in an initial public offering. The Orlando, FL-based company was founded in 2011 and plans to list on the Nasdaq, but has not selected a symbol.

Passage Bio, a preclinical biotech developing gene therapies for rare CNS disorders, announced terms for its IPO on Tuesday. The Philadelphia, PA-based company plans to raise $126 million by offering 7.4 million shares at a price range of $16 to $18. At the midpoint of the propo

There are no companies scheduled to price next week, though two micro-cap IPOs may price on a day-to-day basis: Chinese healthcare training platform Zhongchao (ZCMD) and flooring roll-up F5 Finishes (FLRZ). A number of IPOs may launch on Tuesday, inclu

Six companies and five SPACs entered the public market raising about $2 billion. The week's deals mostly included uplistings, crosslistings, and micro-caps, with biotech Revolution Medicines (RVMD) soaring in the standout IPO of the week. Luxury shoemaker&n

LifeSci Acquisition, a blank check company targeting healthcare industry, announced terms for its IPO on Friday. The New York, NY-based company plans to raise $50 million by offering 5 million units at a price of $10 and would command a market value of $63 million. Each unit con

Imara, a Phase 2 biotech developing small molecule therapies for rare genetic disorders, filed on Friday with the SEC to raise up to $86 million in an initial public offering. The Boston, MA-based company was founded in 2016 and plans to list on the Nasdaq under the symbol IMRA.

Vontier, a carve-out of Fortive's mobility infrastructure services unit, filed on Friday with the SEC to raise up to $100 million in an initial public offering, though we estimate the offering may be closer to $1 billion. The Raleigh, NC-based company was founded in 2019 and boo

Cole Haan, a premium manufacturer of shoes and other luxury accessories, filed on Friday with the SEC to raise up to $100 million in an initial public offering.  However, the deal size is likely a placeholder for an IPO that we estimate could raise $200 million

Muscle Maker, a healthy fast casual restaurant chain with 39 mostly-franchised stores, raised $8 million by offering 1.5 million shares at $5. Muscle Maker plans to list on the Nasdaq under the symbol GRIL. Alexander Capital acted as a lead manager on the deal. &nbs

Churchill Capital Corp III, the third blank check company founded by dealmaker and former Citi executive Michael Klein, raised $1 billion by offering 100 million units at $10. There it commands a market cap of $1.3 billion. Each unit consists of one share of common stock and one

Churchill Capital Corp III, the third blank check company founded by dealmaker and former Citi executive Michael Klein, raised $980 million by offering 98 million units at $10 and  has a market cap of $1.2 billion. Each unit consists of one share of co

Newborn Acquisition, a blank check company led by Chinese fund managers targeting businesses in the US and Asia (ex-China), raised $50 million by offering 5 million shares at $10. Each unit consists of one ordinary share, one warrant to purchase one-half of one ordinary share an

Duos Technologies Group, which provides enterprises with turnkey solutions for monitoring assets, raised $8 million by offering 1.35 million shares at $6. The company had been listed on the OTCQX. Duos Technologies Group began trading on the Nasdaq under the symbol DUOT. Think

Avadim Health, which develops and sells non-prescription topical antiseptics and analgesics under the Theraworx brand, postponed its IPO on Thursday. It had filed to raise $75 million by offering 5 million shares at a price range of $14 to $16. The Asheville, NC-based company wa

TFI International, which provides trucking and logistics services in North America, raised $200 million by offering 6 million shares at $33.35, the equivalent of its last close price on the TSE (CAD $44.20). TFI International plans to list on the NYSE under the symbol TFII. Morg

TFI International, which provides trucking and logistics services in North America, raised $200 million by offering 6 million shares at $33.35, the equivalent of its last close price on the TSE (CAD $44.20). TFI International plans to list on the NYSE under the symbol TFII. Morg

Revolution Medicines, a Phase 1/2 oncology biotech developing RAS pathway inhibitors, raised $238 million by offering 14 million shares at $17, the high end of the range of $16 to $17. The company originally filed to offer 10 million shares at a range of $14 to $16, before incre