Nasdaq IPOs

Adagene, a Phase 1 biotech developing antibody cancer immunotherapies in China, filed on Tuesday with the SEC to raise up to $125 million in an initial public offering. Adagene is a platform-driven, clinical-stage biopharmaceutical company involved in the discovery and developme

Speculative areas of the market are not just red hot, they are white hot.

Cloopen Group Holding, which provides cloud-based communication services in China, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. In terms of 2019 revenue, Cloopen Group operates the largest multi-capability cloud-based communications so

Vinci Partners Investments, an alternative asset manager in Brazil, announced terms for its IPO on Tuesday. The Rio de Janeiro, Brazil-based company plans to raise $236 million by offering 13.9 million shares at a price range of $16 to $18. At the midpoint of the proposed range,

Decarbonization Plus Acquisition II, the fourth blank check company formed by Riverstone targeting businesses advancing global decarbonization, raised the proposed deal size for its upcoming IPO on Tuesday. The Menlo Park, CA-based company now plans to raise $350 million by offe

Shoals Technologies Group, a leading US provider of electrical balance-of-system products for solar projects, announced terms for its IPO on Tuesday. The Portland, TN-based company plans to raise $1.0 billion by offering 50 million shares (79% insider) at a price range of $19 to

Ortho Clinical Diagnostics, a Carlyle-backed global provider of in vitro diagnostic products, announced terms for its IPO on Tuesday. The Raritan, NJ-based company plans to raise $1.5 billion by offering 70 million shares at a price range of $20 to $23. At the midpoint of the pr

Qualtrics International, an experience management software provider being spun out of SAP, announced terms for its IPO on Tuesday. The Provo, UT-based company plans to raise $1.2 billion by offering 49.2 million shares at a price range of $22 to $26. The company plans to raise a

Decipher Biosciences, which provides genomic testing products for urologic oncology, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. Decipher's prostate cancer genomic testing products, Decipher Biopsy and Decipher RP, provide information

MYT Netherlands, a global luxury fashion e-commerce platform, raised the range for its upcoming IPO on Tuesday. The Munich, Germany-based company now plans to raise $391 million by offering 15.6 million ADSs (87% primary) at a price range of $24 to $26. The company had previousl

Spartan Acquisition III, the third blank check company formed by Apollo Global Management targeting the energy transition space, filed on Friday with the SEC to raise up to $400 million in an initial public offering. The New York, NY-based company plans to raise $400 million by

Sustainable Development Acquisition I, a blank check public benefit corporation formed by Renewable Resources Group (RRG) and Capricorn Investment Group, filed on Friday with the SEC to raise up to $250 million in an initial public offering. The Los Angeles, CA-based company pla

Ares Acquisition, a blank check company formed by Ares Management targeting a sustainable business, filed on Friday with the SEC to raise up to $600 million in an initial public offering. The New York, NY-based company plans to raise $600 million by offering 60 million units at

ECP Environmental Growth Opportunities, a blank check company formed by Energy Capital Partners targeting businesses combatting climate change, filed on Friday with the SEC to raise up to $250 million in an initial public offering. The Summit, NJ-based company plans to raise $25

Jaws Mustang Acquisition, the third blank check company led by Starwood Capital founder Barry Sternlicht, filed on Friday with the SEC to raise up to $750 million in an initial public offering. The Miami Beach, FL-based company plans to raise $750 million by offering 75 million

Four IPOs are scheduled to raise $1.8 billion in the shortened holiday week, featuring a diverse group of foreign issuers.   China’s leading e-cigarette brand RLX Technology (RLX) plans to raise $1.0 billion at a $14.0 billion market cap. RLX Technology sells e-cigaret

In another busy week for the IPO market, eight IPOs and 24 SPACs went public, headlined by two billion-dollar deals. Activity shows no sign of letting up as 18 IPOs and 23 SPACs submitted initial filings. Casino game developer Playtika Holding (PLTK) priced above the range to ra

PurposeBuilt Brands, which provides specialty cleaning and disinfecting products, filed on Friday with the SEC to raise up to $100 million in an initial public offering.  PurposeBuilt Brands offers specialty cleaning and disinfecting products from a portfolio of household c

Apria, which provides home healthcare equipment and services in the US, filed on Friday with the SEC to raise up to $100 million in an initial public offering. However, this is likely a placeholder for a deal we estimate could raise up to $800 million.  Backed by Black

WeTrade Group, which operates a membership-based platform for e-commerce services in China, filed on Friday with the SEC to raise up to $121 million in an initial public offering. The company is currently listed on the OTC under the symbol "WETG" with a market cap of $1.7 billion