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”