US Weekly IPO and SPAC Monitor: Digital Platform Signing Day Sports, DayDayCook Online

The past week was busier than many expected, three IPOs, two SPACs and a splattering of initial filings. All three IPO’s priced at the low end. Oncology biotech CARGO Therapeutics (CRGX) raised $281 million at a $611 million market cap and finished the week down 3%. Reinsurer Hamilton Group (HG) raised $225 million at a $1.7 billion market cap and finished the week flat. Cross-border logistics provider Globavend (GVH) raised $6 million at a $59 million market cap and finished … Continue reading “US Weekly IPO and SPAC Monitor: Digital Platform Signing Day Sports, DayDayCook Online”

US Weekly IPO and SPAC Monitor: Year’s Largest Insurance Pricing Hamilton Group

November saw three new IPO issues trading, all priced at the low end. Mortgage broker Pineapple Financial (PAPL) raised $4 million at a $29 million market cap and finished down 54%. Biotech Lexeo Therapeutics (LXEO) raised $100 million at a $282 million market cap and closed down 9%. Tech services provider Alpha Technology Group (ATGL) raised $7 million at a $60 million market cap and finished the week up 47%. Four small Asia-based companies submitted initial filings. In the week ahead we … Continue reading “US Weekly IPO and SPAC Monitor: Year’s Largest Insurance Pricing Hamilton Group”