After busy week there are four or more companies on the docket to list in the week ahead. US-based appliance maker SharkNinja (SN) is the largest listing. We have IPOs from Japanese device maker Pixie Dust Technologies (PXDT), Australian gym and fitness equipment retailer Fitell (FTEL) and NeurAxis (NRXS) with plans to list. There were seven IPO and SPACs last week that priced led by the year’s first direct listing Surf Air Mobility (SRFM) opening 75% below its reference price … Continue reading “US Weekly IPO and SPAC Monitor: SharkNinja, Pixie Dust, Fitell, NeurAxis”
US Weekly IPO and SPAC Monitor: First Direct Listing Surf Air Mobility to Price
We had three IPO’S’s price this week, the star was DTC retailer ODDITY Tech (ODD) priced above the raised range to raise $424 million at a $2.2 billion market cap. ODD finished the week up 50%. Turnstone Biologics (TSBX) priced at the low end to raise $80 million at a $274 million market cap, with shares closing down 8%. Uplisting from the OTC, BioNexus Gene Lab (BGLC) raised $5 million at a $63 million market cap and finished up 49%. After some … Continue reading “US Weekly IPO and SPAC Monitor: First Direct Listing Surf Air Mobility to Price”
US Weekly IPO and SPAC Monitor: ODDITY Tech, Opti-Harvest to Price
Two Biotech’s priced this week along with two blank check companies. Apogee Therapeutics (APGE) upsized and priced at the high end to raise $300 million at an $815 million market cap. Apogee finished up 25%. Previously delayed Sagimet Biosciences (SGMT) priced a slightly upsized deal at the midpoint to raise $85 million at a $386 million market cap. Sagimet finished flat. Direct listing Surf Air Mobility (SRFM) delayed and is expected to price later in the month. In the week … Continue reading “US Weekly IPO and SPAC Monitor: ODDITY Tech, Opti-Harvest to Price”