US Weekly IPO and SPAC Monitor : Buffett-backed Brazil’s Nubank Lead

Following the Thanksgiving lull the IPO market is expected to pick up with four IPOs scheduled to raise $3.7 billion for the week. Chicago Atlantic Real Estate Finance (REFI) Cloud infrastructure platform HashiCorp (HCP) Austin Gold (AUST) and Buffett-backed Nu Holdings (NU) debut. Cloud infrastructure platform HashiCorp (HCP) Plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and … Continue reading “US Weekly IPO and SPAC Monitor : Buffett-backed Brazil’s Nubank Lead”

US Weekly IPO and SPAC Monitor : Just One IPO Biotech Nuvectis Pharma

Following Thanksgiving week we have just one IPO due. Phase 1-ready biotech Nuvectis Pharma ($NVCT) plans to raise $30 million at a $160 million market cap.  Be aware there is still a chance that a handful of SPACs will price during the week. Phase 1-ready biotech Nuvectis Pharma ($NVCT) plans to raise $30 million at a $160 million market cap. The company is initially focused the development of innovative precision medicines for the treatment of serious unmet medical needs in oncology. Nuvectis is currently … Continue reading “US Weekly IPO and SPAC Monitor : Just One IPO Biotech Nuvectis Pharma”

US Weekly IPO and SPAC Monitor : Just One IPO in Thanksgiving Week

During Thanksgiving week we have just one IPO due. Canadian gold exploration company Holdover Austin Gold (AUST).  Be aware there is still a chance that a handful of SPACs will price during the week. Holdover Austin Gold (AUST) Plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated … Continue reading “US Weekly IPO and SPAC Monitor : Just One IPO in Thanksgiving Week”

German Solar Electric Vehicle Disruptor Sono Group IPO Debut

Germany-based Sono Group NV $SEV raised $150 million at a $1.1 billion market cap. The company is developing what it believes is disruptive solar technology, as well as a solar and battery powered vehicle. Sono Motors is developing the solar electric vehicle (SEV) for the masses, the Sion. It has reached more than 16,000 reservations with advance payments for the Sion, the solar electric vehicle (SEV) for the masses, German disruptive solar technology company Sono Group (SEV) Sono Group N.V. (parent company to … Continue reading “German Solar Electric Vehicle Disruptor Sono Group IPO Debut”

Australian Green Bitcoin Miner Iris Energy Debuts on NASDAQ

Australian green bitcoin miner Iris Energy debuted on Nasdaq Wednesday opening at the $US28 IPO price only to sell off sharply. Trading under the symbol $IREN , which accesses abundant or under-utilized renewable energy to power its operations, fell as much as 22% in its first session and closed down 12.7 % at $US24.45. It didn’t help that Bitcoin prices fell though the day. Australia’s Iris Energy (IREN) is an Bitcoin mining company primarily powered by renewable energy raised its initial public … Continue reading “Australian Green Bitcoin Miner Iris Energy Debuts on NASDAQ”

First Data Customer Engagement Platform Braze Goes Public, From AppBoy To BRZE

Customer engagement Braze Inc $BRZE targeted a $55 to $60 per-share IPO price range and priced at the high end of $65 per share. The stock opened 34% over the deal cost in their market debut on Wednesday, getting a valuation of almost $8 billion. The stock closed at $93.39 on day one. Customer engagement platform Braze (BRZE) Founder-led Braze provides a customer engagement platform used by businesses to improve their marketing. Braze says its foundation permits its customers to improve comprehension … Continue reading “First Data Customer Engagement Platform Braze Goes Public, From AppBoy To BRZE”

US Weekly IPO and SPAC Monitor : KinderCare & Braze

Heading into Thanksgiving another busy week ahead in the IPO market with 7 IPOs scheduled to bring in $1.9 billion. Childcare provider KinderCare Learning Companies $KLC and customer engagement platform Braze $BRZE Childcare provider KinderCare Learning Companies (KLC) Plans to raise $503 million at a $2.7 billion market cap. The company serves children from 6 weeks to 12 years of age through 1,480 early childhood education centers and 650 before- and after-school sites across 40 states and Washington DC. While KinderCare is a leader in … Continue reading “US Weekly IPO and SPAC Monitor : KinderCare & Braze”

Brazilian Engineering Software Provider CI&T IPO Debuts on NYSE

Brazilian based CI&T, a global digital native specialist, and end-to-end digital transformation partner providing strategy, design and software engineering services to some of the world’s leading brands went public as $CINT on the NYSE closing up 20%

Electric Truck Developer Rivian Automotive IPO Soars To $85 Billion on Debut

Electric truck developer Rivian Automotive raised $11.9 billion to become the largest IPO of 2021, and the largest IPO since Alibaba (NYSE: BABA) in 2014. RIVN reached a high of $119.38 and closed at $100.73/share when markets closed

US Weekly IPO and SPAC Monitor – Hertz and Rivian Automotive

Another busy week ahead in the IPO market with 11 IPOs scheduled to bring in $10.2 billion. Electric truck developer Rivian Automotive (RIVN) and Hertz Global Holdings (HTZ) are timely with the Tesla deal and infrastructure bill.   Electric truck developer Rivian Automotive (RIVN) Plans to raise $8.0 billion at a $57.1 billion market cap. This founder-led company is developing and manufacturing a portfolio of electric adventure-ready consumer and commercial SUVs, vans, and pickup trucks. Although the company is in … Continue reading “US Weekly IPO and SPAC Monitor – Hertz and Rivian Automotive”