US Weekly IPO and SPAC Monitor: Structure Therapeutics, Lead Real Estate and NeurAxis

Four IPOs are scheduled to price in the week ahead. Chronic disease biotech Structure Therapeutics (GPCR) leads the week’s deals. The company is headquartered in California with R&D operations in China. Also on the calendar is holdover Lead Real Estate (LRE) may price in the week ahead. Nano-cap NeurAxis (NRXS) may also price. Four deals priced this week TXO Energy Partners LP (TXO), the year’s first energy IPO. QuantaSing Group (QSG), Genelux (GNLX) and Brera Holdings (BREA) also priced. A … Continue reading “US Weekly IPO and SPAC Monitor: Structure Therapeutics, Lead Real Estate and NeurAxis”

US Weekly IPO and SPAC Monitor: TXO Energy, QuantaSing, Genelux and Brera FC

Four IPOs are scheduled to price in the week ahead. TXO Energy Partners LP (TXO) leads the week’s deals, the year’s first energy IPO. Chinese edtech QuantaSing Group (QSG) is due to price after being delayed. Solid tumor biotech Genelux (GNLX) and Italian amateur football club operator Brera Holdings (BREA) are expected. Holdovers Lucy Scientific Discovery (LSDI) and BullFrog AI Holdings (BFRG) may also price in the week ahead. Early-stage Canadian psychotropics company Lucy plans to raise $8 million at … Continue reading “US Weekly IPO and SPAC Monitor: TXO Energy, QuantaSing, Genelux and Brera FC”

US Weekly IPO and SPAC Monitor: Edtech QuantaSing, Psychotropics Lucy Scientific Discovery

Three IPOs are scheduled to price in the week ahead. Chinese edtech QuantaSing Group (QSG), Canadian psychotropics company Lucy Scientific Discovery (LSDI) and holdover BullFrog AI Holdings (BFRG) are asll on the docket. Last week we saw the first pricings of the new year, led by Skyward Specialty Insurance Group (SKWD), the first deal to raise over $100 million since Mobileye (MBLY) in October of last year. MGO Global (MGOL) priced, and Nasdaq uplifting Atlas Lithium (ATLX) was completed. Israel … Continue reading “US Weekly IPO and SPAC Monitor: Edtech QuantaSing, Psychotropics Lucy Scientific Discovery”

US Weekly IPO and SPAC Monitor: Moolec, Skyward Specialty, MGO Global and Kenvue

No IPOs in the first week of the new year, however there was much excitement with newly completed SPAC, Agritech Molecular farming company Moolec Science. MLEC began trading Tuesday January 3, 2003, drifted lower until Friday where it exploded 250%.  In the week ahead Skyward Specialty Insurance Group (SKWD) is on the docket, the talk is that it will be the first deal to raise over $100 million since Mobileye (MBLY) in October of last year. Another small deal is … Continue reading “US Weekly IPO and SPAC Monitor: Moolec, Skyward Specialty, MGO Global and Kenvue”

Molecular Volatility in Newly Public Agritech Moolec Science Fuels 250% Price Swings

Agritech Molecular farming company Moolec Science completed a merger with a special purpose acquisition company (SPAC) on December 30, 2022. The Luxembourg company began trading Tuesday January 3, 2003 on the NASDAQ under the symbol MLEC.  Moolec Science Ltd. and LightJump Acquisition Corporation closed their business combination agreement which saw Moolec UK and LightJump become wholly owned subsidiaries of Moolec Science SA. Moolec uses genetically modified plants to produce proteins that are found in animals. The deal values Moolec at $504 … Continue reading “Molecular Volatility in Newly Public Agritech Moolec Science Fuels 250% Price Swings”

Californian Oil and Gas E&P Trio Petroleum Sets IPO Terms

Oil and gas E&P Trio Petroleum announced terms to go public Friday. The company is based out of based Danville, California and has operations in Monterey County, California’ The company outlined plans to raise $6 million by offering 1.7 million shares at a price range of $3 to $4. At the midpoint of the proposed range, Trio Petroleum would command a fully diluted market value of $78 million. Trio Petroleum had filed back on September 12, 2022 with the SEC … Continue reading “Californian Oil and Gas E&P Trio Petroleum Sets IPO Terms”

US Weekly IPO and SPAC Monitor: VinFast Auto, Clarios, Turo and BKV Pipeline

The IPO is looking for a better 2023 after a pitiful 2022. Sentiment is dismal and there are currently no IPOs scheduled for the first week of January. Last week we saw the year’s final IPO in the past week, Coya Therapeutics (COYA). Not surprisingly China-based “Xihe” Platform provider Intchains Group (ICG) and Hong Kong based asset manager Prestige Wealth (PWM) both delayed their IPOs. There are several large issuers in the pipeline including Vietnamese EV spin-off VinFast Auto (VFS), battery maker Clarios International … Continue reading “US Weekly IPO and SPAC Monitor: VinFast Auto, Clarios, Turo and BKV Pipeline”

US Weekly IPO and SPAC Monitor: Blockchain Group Intchains and Hong Kong’s Prestige Wealth

Heading into Christmas two IPOs are scheduled to go public. China-based “Xihe” Platform provider Intchains Group (ICG) plans to raise $29 million at a $499 million market cap. Hong Kong based asset manager Prestige Wealth (PWM), plans to raise $15 million at a $63 million market cap. In the past week just two SPACs AlphaVest Acquisition (ATMVU) and Horizon Space Acquisition I (HSPOU) raised $60 million each and nano-cap biotech Lipella Pharmaceuticals (LIPO) priced. There is a chance, but unlikely E-bike maker SONDORS … Continue reading “US Weekly IPO and SPAC Monitor: Blockchain Group Intchains and Hong Kong’s Prestige Wealth”

US Weekly IPO and SPAC Monitor: AlphaVest Acquisition Targeting Asian Business

Another slow week for new floats, December finally had its second IPO, China-based Erayak Power Solution Group (RAYA) raised $12 million at a $48 million market cap. There’s currently one SPAC on the calendar SPAC, AlphaVest Acquisition (ATMVU) that is expected to price in the week ahead, along with 3 holdovers. There is talk, after pushing back the last three weeks E-bike maker SONDORS (SODR), BullFrog AI Holdings (BFAI) and Nano-cap ParaZero Technologies (PRZO) may also price. In the past week no new … Continue reading “US Weekly IPO and SPAC Monitor: AlphaVest Acquisition Targeting Asian Business”

US Weekly IPO and SPAC Monitor: E-Bike Maker SONDORS and Drone Tech ParaZero

December finally had it first IPO, the much-delayed micro-cap diamond maker Adamas One (JEWL) priced at the low end. Coming into year-end there may be small deals on the calendar, but larger IPO will be for next year. E-bike maker SONDORS (SODR) may price in the week ahead, planning to raise $23 million at a $146 million market cap. There is talk, after pushing back the last three weeks BullFrog AI Holdings (BFAI) will price its IPO to raise $8 million. Nano-cap ParaZero … Continue reading “US Weekly IPO and SPAC Monitor: E-Bike Maker SONDORS and Drone Tech ParaZero”