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 “