For retail investors seeking private-equity type growth and returns in their portfolio, SPACs offer an opportunity to participate in the listing of a private company at the IPO price. While SPACs provide some downside protection, individual investors should be aware of the risks.
Similar to Nasdaq’s historic first quarter for its U.S. exchange, its European markets, with seven exchanges across the continent, welcomed a record 32 listings during the first quarter, representing the most listings during the period in its history.
U.S. budget carrier Frontier Airlines is already making money and flying more than in 2019 before the coronavirus pandemic upended air travel last year, Chief Executive Barry Biffle told Reuters ahead of the company's Nasdaq debut on Thursday.
Announcements of companies going public via SPAC seem to have been hitting the news with such frequency that it is rare for one to get major attention. That can’t be said of the news that WeWork is partnering with the Bow Capital SPAC BowX (BOWX)
There are some signs that we could be headed for a pretty big dip right now, and I am looking in a seemingly unlikely place for confirmation or refutation of that view
Kaltura, which provides live and on-demand video SaaS solutions, announced terms for its IPO on Tuesday.
The New York, NY-based company plans to raise $353 million by offering 23.5 million shares (26% insider) at a price range of $14 to $16. At the midpoint of the proposed range
Altamont Pharma Acquisition, a blank check company targeting the biopharma and medical technology sectors, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.
The Austin, TX-based company plans to raise $100 million by offering 10 million uni
Rocket Internet Growth Opportunities, a blank check company formed by Rocket Internet targeting the tech sector, raised $250 million by offering 25 million units at $10. Each unit will consist of one share of common stock and one-fourth of a warrant, exercisable at $11.50.
The c
Movano, which is developing a wearable device that measures glucose, blood pressure, and heart rate, raised $43 million by offering 8.5 million shares at $5, as expected. The company offered 1.3 million more shares than anticipated. At pricing, the company commands a fully dilute
Compass, which operates an online residential real estate brokerage platform, announced terms for its IPO on Tuesday.
The New York, NY-based company plans to raise $882 million by offering 36 million shares at a price range of $23 to $26. At the midpoint of the proposed range, C
Intermedia Cloud Communications, which provides a cloud-based communication platform for businesses, announced terms for its IPO on Tuesday.
The Sunnyvale, CA-based company plans to raise $300 million by offering 12.2 million shares (17% insider) at a price range of $23 to $26.
Frontier Group Holdings, an ultra low-cost US airline carrier that serves approximately 110 airports, announced terms for its IPO on Tuesday.
The Denver, CO-based company plans to raise $600 million by offering 30 million shares (50% insider) at a price range of $19 to $21. At t
The global market for initial public offerings is on its way to see its biggest-ever first quarter, even as uncertainties are looming around the U.S.-led surge in blank-check listings, per Bloomberg, as quoted on economictimes.
Virgin Group Acquisition II, the second blank check company formed by the Virgin Group, raised $350 million by offering 35 million units at $10. The company offered 2 million more units than anticipated. Each unit consists of one share of common stock and one-fifth of a warr
TB SA Acquisition, a blank check company formed by TowerBrook targeting African companies that promote ESG principles, raised $200 million by offering 20 million units at $10. The company offered 5 million fewer units than anticipated. Each unit consists of one share of comm
ArcLight Clean Transition II, the second blank check company formed by ArcLight Capital Partners targeting renewables, raised $275 million by offering 27.5 million units at $10. The company offered 2.5 million more units than anticipated. Each unit consists of one share of common
Dragoneer Growth Opportunities III, the third blank check company formed by Dragoneer Investment Group, raised $400 million by offering 40 million shares at $10. The company did not offer units with warrants attached. It may raise an additional $50 million at the closing of
Lead Edge Growth Opportunities, a blank check company formed by Lead Edge Capital targeting software, internet, and tech-enabled businesses, raised $300 million by offering 30 million units at $10. Each unit consists of one share of common stock and one-fourth of a warrant,
Gores Guggenheim, a blank check company formed by The Gores Group and Guggenheim Partners, raised $750 million by offering 75 million units at $10. Each unit consists of one share of common stock and one-fifth of a warrant, exercisable at $11.50.
The company is led by