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”

US IPO Issuance in August Highest For 2022

With IPO interest on pace for its worst year in decades it came as a surprise that in August, the traditionally slow month with Europe on holidays monthly issuance hit double digits for the first time this year. There were 12 small IPOs issued, raising a combined $196 million. The largest deal raised just $36 million, and the median deal size remained low at $15 million. Renaissance Capital said August IPOs averaged a return of over 1,000% from offer due … Continue reading “US IPO Issuance in August Highest For 2022”

US Weekly IPO and SPAC Monitor: Hemp Cigarette’s Hempacco, Wearable Devices and bioAffinity Technologies

IPO interest is on pace for its worst year in decades after the market crashing the IPO market has been in the doldrums. New companies have few options but to burn through cash while they wait for the stock market to calm. Three small deals are scheduled to price in the week ahead. Hemp cigarette manufacturer Hempacco (HPCO), non-invasive neural input technology company Wearable Devices (WLDS) and Lung cancer diagnostics developer bioAffinity Technologies (BIAF) Last week we had Malaysian fintech … Continue reading “US Weekly IPO and SPAC Monitor: Hemp Cigarette’s Hempacco, Wearable Devices and bioAffinity Technologies”

US Weekly IPO and SPAC Monitor: Malaysian Fintech Starbox Group and Australian Cybersecurity Company Mobilicom

IPO interest has picked up with the stock market rally. August is traditional a slow time in the market with European holidays, and this year after the market crashing the IPO market has been in the doldrums but is showing some life. Two small deals are scheduled to price in the week ahead. Malaysian fintech Starbox Group Holdings (STBX) plans to raise $23 million at a $203 million market cap. ASX-listed Mobilicom (MOB) plans to raise $12 million at a $20 … Continue reading “US Weekly IPO and SPAC Monitor: Malaysian Fintech Starbox Group and Australian Cybersecurity Company Mobilicom”