Seven companies priced IPOs this past week, four of which raised $100+ million we also had one blank check company price. Savers Value Village (SVV) upsized and priced above the range to finish the week up 32%. Kodiak Gas Services (KGS) priced well below the range but finished up 2%. GEN Restaurant Group (GENK) upsized and priced at the high end and finished up 42%. Vesta Real Estate (VTMX) finished up 4%. Intensity Therapeutics (INTS) finished up 19%. Fidelis Insurance … Continue reading “US Weekly IPO and SPAC Monitor: 7 IPOs Priced; SVV KGS VTMX INTS FIHL GENK AENT”
US Weekly IPO and SPAC Monitor: Kodiak Gas Services, Savers Value Village, Fidelis Insurance
No companies priced IPOs this past week, the one IPO on the schedule Korean BBQ restaurant chain GEN Restaurant Group (GENK) delayed for a week. There was however activity with five IPO’s to price in the week ahead. Reinsurer Fidelis Insurance (FIHL), natural gas compression firm Kodiak Gas Services (KGS), OTC-listed Alliance Entertainment Holding (AENT) and thrift store chain Savers Value Village (SVV). In the pipeline five filed IPOs; ODDITY Tech (ODD) , Apogee Therapeutics (APGE), Sagimet Biosciences (SGMT), Unifoil … Continue reading “US Weekly IPO and SPAC Monitor: Kodiak Gas Services, Savers Value Village, Fidelis Insurance”
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”
US Weekly IPO and SPAC Monitor: Dermatology Biotech Azitra, Vietnamese EV VinFast
Perhaps no surprise with the regional bank maelstrom and the debt ceiling mess no IPOs began trading or submitted initial filings this past week. The lone scheduled deal to list, Projection screen maker Strong Global Entertainment (SGE) which is being spun out of FG Group (NYSE American: FGH), delayed to the week ahead. Dermatology biotech Azitra (AZTR) also plans to list in the week ahead. The IPO pipeline did get notable updates. Vietnamese EV maker VinFast (VFS) announced De-Spac plans. … Continue reading “US Weekly IPO and SPAC Monitor: Dermatology Biotech Azitra, Vietnamese EV VinFast”
US Weekly IPO and SPAC Monitor: Projection Screen Maker Strong Global Entertainment
We had two large IPO’s price this week, Johnson and Johnson’s (JNJ) consumer health unit Kenvue (KVUE) and inflammatory disease biotech ACELYRIN (SLRN). The two deals raised a combined $4.3 billion, and both delivered solid trading in their debuts. We also had two blank check IPOs price this past week: Asia-focused Golden Star Acquisition (GODNU) and deep tech-focused Alchemy Investments Acquisition 1 (ALCYU). Just one IPO is scheduled to list in the week ahead, although other pending issuers may price … Continue reading “US Weekly IPO and SPAC Monitor: Projection Screen Maker Strong Global Entertainment”
US Weekly IPO and SPAC Monitor: JNJ Spinoff Kenvue and biotech ACELYRIN
We have two large IPO’s scheduled to price in the week ahead. Johnson and Johnson (JNJ) set terms for floating off it’s consumer health unit Kenvue (KVUE), setting terms for its $3.3 billion listing on Monday. We also have Inflammatory disease biotech ACELYRIN (SLRN) planning to raise $350 million at a $1.5 billion market cap. We just saw one small IPO begin trading last week, Fitness equipment brand Interactive Strength (TRNR) and finished down 17%. Six Chinese IPOs submitted initial … Continue reading “US Weekly IPO and SPAC Monitor: JNJ Spinoff Kenvue and biotech ACELYRIN”