Nasdaq IPOs

Trxade Group, a B2B online marketplace for pharmaceutical companies, raised $5 million in its Nasdaq IPO by offering 806,452 shares at $6.50, below the as-adjusted last close of $9.00 for its shares on the OTCQB (ticker: TRXD), as well as the last close of its shares when the co

Yunhong International, a blank check company targeting consumer or lifestyle assets in Asia, raised $60 million in an upsized offering of 6.0 million units at $10. The company sold $10 million more in units than expected. Each unit consists of one share of Class A stock, one hal

Churchill Capital Corp III, the third blank check company founded by dealmaker and former Citi executive Michael Klein, raised the proposed deal size for its upcoming IPO on Wednesday. The New York, NY-based company now plans to raise $800 million by offering 80 million units at

Huize Holding, which operates an online insurance marketplace in China raised $55 million in an upsized offering of 5.3 million ADSs at $10.50, slightly above the midpoint of the range of $9.40 to $11.40. The company offered 600,000 more ADSs than expected (+13%). Fewer than 10

Alpha Investment, a mortgage lender backed by Omega Commercial Finance Corp, filed on Tuesday with the SEC to raise up to $15 million in an initial public offering. The Columbus, OH-based company was founded in 2013 and plans to list on the Nasdaq under the symbol ALPC. Aegis Ca

Flying Eagle Acquisition, the sixth blank check company formed by SPAC veterans Jeff Sagansky and former MGM CEO Harry Sloan, filed with the SEC on Tuesday for an initial public offering. The Los Angeles, CA-based company plans to raise $500 million by offering 50 million units

Revolution Medicines, a phase 1/2 oncology biotech developing RAS pathway inhibitors, raised the proposed deal size for its upcoming IPO on Tuesday. The Redwood City, CA-based company now plans to raise $231 million by offering 14 million shares at a price range of $16 to $17. T

Greenrose Acquisition, a blank check company targeting the cannabis industry, raised $150 million by offering 15 million units at $10 to command a market value of $191 million. Each unit consists of one share of common stock and one warrant to purchase a share of common

Despite the worsening situation with the coronavirus, US equities were off to the races again yesterday with volatility as measured by the VIX falling 2.8%.

CITIC Capital Acquisition, a blank check company formed by CITIC Capital targeting the energy efficiency and technology businesses in China, raised $240 million by offering an upsized 24 million units at $10. The company had originally filed to offer 20 million units. U

TFI International, a transportation and logistics company in North America, filed on Monday with the SEC for a US IPO. The company plans to raise up to $199 million by offering 6 million shares at US $33.15, the as-converted February 7 close of its shares on th

Just a biotech and a Chinese issuer are expected to IPO in the week ahead as the market prepares for the February lull. Early-stage oncology biotech Revolution Medicines (RVMD) is expected to raise $150 million at an $850 million market cap. Backed by

Seven IPOs and one SPAC entered public market this past week. Life sciences software maker Schrödinger (SDGR) rocketed in its debut and contract researcher PPD (PPD) completed 2020’s second billion-dollar deal, while mattress unicorn Casper (CSPR) disappointed

F5 Finishes, a a roll-up of commercial flooring providers, lowered the proposed deal size for its upcoming IPO on Friday. The Livermore, CA-based company now plans to raise $20 million by offering 4 million shares at a price of $5. The company had previously filed to offer 5 mil

The AZEK Company, which manufactures composite residential and commercial building products, filed on Friday with the SEC to raise up to $500 million (RC estimate) in an initial public offering. The Chicago, IL-based company was founded in 1983 and booked $823 million in sales f

The online mattress company Casper (CSPR) went public yesterday, and with a lot less fanfare than you might expect

The major equity indices continue their accelerating upward drive as a growing number of companies, particularly retailers, issue warnings over the impact of the coronavirus on their respective businesses

The OLB Group, a merchant acquirer with a suite of payment services, announced terms for its IPO on Friday. The New York, NY-based company plans to raise $9 million by offering 600,000 shares at an assumed price of $15, the last reported sale price of its shares on the OTC Pink.

OneWater Marine, a recreational boat dealership that owns and operates 63 stores in the US, raised $55 million by offering 4.6 million shares at $12, the low end of the range of $12 to $14, to command a market value of $166 million. The company relaunched its IPO last month afte

Professional Holding Corp, a Florida bank with nine locations across the Miami-Dade MSA, raised $57 million by offering 3.1 million shares at $18.50, slightly below the range of $19 to $21. At the offer price, Professional Holding Corp commands a fully diluted market value of $2