The IPO Buzz: New Providence Acquisition Corp. III/Cayman (NPACU) Raises $261 Million
New Providence Acquisition Corp. III/Cayman (NPACU) priced its SPAC IPO – 26.1 million units at $10.00 each - to raise $261.0 million on Wednesday night, April 23, 2025. Each unit consists of one share of stock and one-third of one redeemable warrant. Shares of New Providence Acquisition Corp. III/Cayman slipped 1 cent to open at $9.99 on Thursday, April 24, 2025 – on the NASDAQ. Open..
Read more April 23, 2025IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| New Providence Acquisition Corp. III/Cayman | NPACU | 26.1 | $ 261.0 mil | 4/24/2025 Priced | S/O | S/O |
| Crane Harbor Acquisition Corp. | CHACU | 20.0 | $ 200.0 mil | 4/25/2025 Friday | S/O | S/O |
| Digital Asset Acquisition Corp. | DAAQU | 15.0 | $ 150.0 mil | 4/25/2025 Friday | S/O | S/O |
Last 100 IPOs - April 24, 2025
| Number of IPOs priced : | 100 |
| Number Up: | 54 |
| Number Down: | 42 |
| Number Unchanged: | 4 |
| Percentage Change From Issue Price: | 17.82% |
| Percentage Change for The Nasdaq Composite | -0.59% |
2025 IPO Scorecard - April 24, 2025
| Number of IPOs priced (Excluding 25 units) : | 79 |
| Number Up: | 44 |
| Number Down: | 32 |
| Number Unchanged: | 3 |
| Total Return From Issue Price: | 20.24% |
| The Nasdaq Composite Index YTD % Change | 35.22% |