The IPO issuance slows down in the week ahead after AIG spin Corebridge Financial (CRBG) was the biggest IPO of 2022 thus far. Three small deals may price in the week ahead, Neuro-inflammation biotech Jupiter Neurosciences (JUNS) is the largest. Two nano-caps may price in the week ahead, infectious disease biotech Alopexx (ALPX) and laser-based system maker Laser Photonics (LASE). Last week six issuers began trading, AIG spin-off Corebridge $CRBG, the largest deal of 2022. Third Harmonic Bio (THRD) upsized, Nexalin Technology (NXL) … Continue reading “US Weekly IPO and SPAC Monitor: Biotechs Jupiter Neurosciences and Alopexx with Laser Photonics”
US Weekly IPO and SPAC Monitor: AIG spin-off Corebridge, Third Harmonic Bio and LINKBANCORP
AIG spin-off Corebridge $CRBG, in what could be the largest deal of 2022 so far, plans to raise $1.8 billion at a fully diluted market value of $14.7 billion-week next week. Six other deals are expected to begin trading in the week ahead including biotech Third Harmonic Bio (THRD), China based Lichen China (LICN), neurostimulation medical device maker Nexalin Technology (NXL) and non-invasive neural input technology company Wearable Devices (WLDS). Two companies are planning to up list from the OTC. Pennsylvania-based The Gratz Bank LINKBANCORP (LNKB) and Bio- … Continue reading “US Weekly IPO and SPAC Monitor: AIG spin-off Corebridge, Third Harmonic Bio and LINKBANCORP”
US Weekly IPO and SPAC Monitor: Bio-RFID AI Company Know Labs and Neural Biotech Wearable Devices
Heading into September IPOs are still small in number, though August delivered the most IPO issues for the year with 12. In a shortened Labor Day week two small deals are scheduled to price. Bio- RFID sensor technology company, OTC-listed Know Labs (KNW) plans to raise $6 million at a $123 million market cap. A holdover from last week, non-invasive neural input technology company Wearable Devices (WLDS) plans to raise $22 million at a $99 million market cap. Last week we had … Continue reading “US Weekly IPO and SPAC Monitor: Bio-RFID AI Company Know Labs and Neural Biotech Wearable Devices”