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”

US IPO Issuance in November Slowest in Six Years

November IPO issuance followed the same path as the past two months where the IPO market grounded to a halt. There were only four deals, raising a combined $166 million. The largest were $50+ million IPOs, biotech Acrivon Therapeutics (ACRV) and Chinese hotel chain Atour Lifestyle Holdings (ATAT). The four deals averaged a -13% return from the offer price. it’s been a dismal year for IPOs. October with just two IPOs was the slowest October for the IPO market since … Continue reading “US IPO Issuance in November Slowest in Six Years”

US Weekly IPO and SPAC Monitor: Cybersecurity, Cannabidiol and Psychedelics, Cancer and Pregnancy Therapeutics.

Coming into Year end the IPO market is winding down. This week we have just four IPOs scheduled to raise around $50 million for the week. Cerberus Cyber Sentinel (CISO), Incannex Healthcare (IXHL), Intensity Therapeutics (INTS) and Nuvo Group (NUVO) are expected to debut this week. Cerberus Cyber Sentinel (CISO) Cerberus Cyber Sentinel (CISO) based in Scottsdale, Arizona plans to raise $10 million priced at $5 for a $631 million market cap. The company provides a range of cybersecurity consulting and related services, … Continue reading “US Weekly IPO and SPAC Monitor: Cybersecurity, Cannabidiol and Psychedelics, Cancer and Pregnancy Therapeutics.”

US Weekly IPO and SPAC Monitor : IoT Cloud Solutions Developer Samsara Leads

Coming into Year end the IPO market is winding down. This week we have four IPOs scheduled to raise $814 million for the week. IoT solutions developer (IOT) Samsara, CNS biotech Bionomics (BNOX), Fresh Vine Wine (VINE) and Satellite developer Sidus Space (SIDU) are all expected to debut this week. IoT solutions developer Samsara (IOT) Samsara plans to raise $753 million at an $11.6 billion market cap. Samsara is a developer of end-to-end Internet of Things solutions for businesses and provides a cloud-based platform. The … Continue reading “US Weekly IPO and SPAC Monitor : IoT Cloud Solutions Developer Samsara Leads”

US Weekly IPO and SPAC Monitor : Buffett-backed Brazil’s Nubank Lead

Following the Thanksgiving lull the IPO market is expected to pick up with four IPOs scheduled to raise $3.7 billion for the week. Chicago Atlantic Real Estate Finance (REFI) Cloud infrastructure platform HashiCorp (HCP) Austin Gold (AUST) and Buffett-backed Nu Holdings (NU) debut. Cloud infrastructure platform HashiCorp (HCP) Plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and … Continue reading “US Weekly IPO and SPAC Monitor : Buffett-backed Brazil’s Nubank Lead”

US Weekly IPO and SPAC Monitor : Just One IPO Biotech Nuvectis Pharma

Following Thanksgiving week we have just one IPO due. Phase 1-ready biotech Nuvectis Pharma ($NVCT) plans to raise $30 million at a $160 million market cap.  Be aware there is still a chance that a handful of SPACs will price during the week. Phase 1-ready biotech Nuvectis Pharma ($NVCT) plans to raise $30 million at a $160 million market cap. The company is initially focused the development of innovative precision medicines for the treatment of serious unmet medical needs in oncology. Nuvectis is currently … Continue reading “US Weekly IPO and SPAC Monitor : Just One IPO Biotech Nuvectis Pharma”

US Weekly IPO and SPAC Monitor : Just One IPO in Thanksgiving Week

During Thanksgiving week we have just one IPO due. Canadian gold exploration company Holdover Austin Gold (AUST).  Be aware there is still a chance that a handful of SPACs will price during the week. Holdover Austin Gold (AUST) Plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated … Continue reading “US Weekly IPO and SPAC Monitor : Just One IPO in Thanksgiving Week”

US Weekly IPO and SPAC Monitor : KinderCare & Braze

Heading into Thanksgiving another busy week ahead in the IPO market with 7 IPOs scheduled to bring in $1.9 billion. Childcare provider KinderCare Learning Companies $KLC and customer engagement platform Braze $BRZE Childcare provider KinderCare Learning Companies (KLC) Plans to raise $503 million at a $2.7 billion market cap. The company serves children from 6 weeks to 12 years of age through 1,480 early childhood education centers and 650 before- and after-school sites across 40 states and Washington DC. While KinderCare is a leader in … Continue reading “US Weekly IPO and SPAC Monitor : KinderCare & Braze”

WeWork’s Second Coming, Will it Work as Workers Return to Offices?

Shared-office company WeWork has been a poster child for greed and ignorance with the collpase of their previous IPO, the billion dollar losses to SoftBank and the wipe out of paper wealth for co-founder Adam Neumann. Now we get a second try through BowX Acquisition, week one $WE Shares closed 13% higher

GM Backed Wejo partners with Microsoft, Palantir, Sompo For Connected Vehicles

GM backed startup Wejo announced partnerships with Microsoft, Palantir and Sompo Holdings to improve its ability to collect, store and analyze data from millions of connected vehicles around the world. Wejo is going public by merging with SPAC Virtuoso Acquisition $VOSO later this year.