US Weekly IPO and SPAC Monitor: Restaurant Chain Korean BBQ chain Follows CAVA Debut

Three companies priced IPOs this past week, highlight of the week was restaurant chain CAVA Group (CAVA) which launched its $260 million offering and priced above the upwardly revised range. CAVA soared 99% in its debut and finished the week up 73%. Holdover Azitra (AZTR) finally priced and finished down 1%. Snack brand BranchOut Food (BOF) priced and finished down 26%. We also had one SPAC, ESH Acquisition Priced, (ESHAU) led by industry veterans targeting entertainment, sports, and hospitality. Just one IPO … Continue reading “US Weekly IPO and SPAC Monitor: Restaurant Chain Korean BBQ chain Follows CAVA Debut”

US Weekly IPO and SPAC Monitor: Restaurant Chain CAVA Group, BranchOut Food 

Highlight of the week was restaurant chain CAVA Group (CAVA) launched its $260 million offering and is expected to price in the week ahead. Holdover Azitra (AZTR) plans to raise $8 million at a $65 million market cap. Snack brand BranchOut Food (BOF) plans to raise $8 million at a $27 million market cap. We also saw filings from electric air travel company Surf Air Mobility (SRFM), Mexican real estate company Vesta Real Estate (VTMX) and Pixie Dust Technologies (PXDT). There were … Continue reading “US Weekly IPO and SPAC Monitor: Restaurant Chain CAVA Group, BranchOut Food “

US Weekly IPO and SPAC Monitor: Sizable Deals on the Horizon Including Advanced Biomed ADVB

There were no IPOs this Memorial Day shortened week, the pipeline was quiet with no new initial filings. The one scheduled offering Dermatology biotech Azitra (AZTR). delayed again to the week ahead. June could get active with a number of sizable deals that have filed or updated in the past month, including diagnostics company Advanced Biomed (ADVB), restaurant chains CAVA Group (CAVA) and Fogo Hospitality (FOGO), energy plays MN8 Energy (MNX) and Kodiak Gas Services (KGS). US IPO Week Ahead … Continue reading “US Weekly IPO and SPAC Monitor: Sizable Deals on the Horizon Including Advanced Biomed ADVB”

US Weekly IPO and SPAC Monitor: Active June Ahead with Energy plays MN8 Energy (MNX) and Kodiak Gas Services (KGS)

A busier week for SPAC’s and IPO’s, there were two deals priced this past week, Cummins spin-off Atmus Filtration (ATMU) which finished up 11%, Canada-listed ATS Corporation (ATS). We also saw one SPAC, Kingstown Capital’s Inflection Point Acquisition II (IPXXU) upsized to raise $220 million to target businesses in disruptive growth sectors. Six IPOs and one SPAC also submitted initial filings. For Memorial Day week ahead holdover Dermatology biotech Azitra (AZTR). June could get active with a number of sizable … Continue reading “US Weekly IPO and SPAC Monitor: Active June Ahead with Energy plays MN8 Energy (MNX) and Kodiak Gas Services (KGS)”

US Weekly IPO and SPAC Monitor: Cummins Spin-off Atmus Filtration, Dermatology Biotech Azitra

In a very quiet IPO period, there were just two small deals priced this past week, projection screen maker Strong Global Entertainment (SGE) which finished the week down 11% and middle-market asset manager CaliberCos (CWD) which finished up 31%. Restaurant chain CAVA Group (CAVA) filed to raise $100 million. In the week ahead with have two companies scheduled to list. Cummins spin-off Atmus Filtration (ATMU), primarily operating under the Fleetguard brand is the headliner. Holdover Dermatology biotech Azitra (AZTR) is … Continue reading “US Weekly IPO and SPAC Monitor: Cummins Spin-off Atmus Filtration, Dermatology Biotech Azitra”