We wish a very Merry Christmas to all of our IPOScoop readers and subscribers who are celebrating! Happy Holidays to all!
No traditional IPOs are confirmed for the pricing schedule next week. It’s likely, though, that a few small-cap IPOs and a steady run of SPACs will be on tap. The IPO market traditionally slows down from the last half of December through early January.
In the countdown this week to Santa’s flight, only five deals were priced – NexGel (NXGL), a tiny IPO, and four SPACs. One IPO – Cerberus Cyber Sentinel Corp. (CISO proposed) – was postponed. Bankers raised about $429.2 million from the five deals priced during the four-day holiday week. The U.S. stock market was closed Friday on Christmas Eve, in observance of the Christmas holiday.
IPOScoop will resume publishing early next week. But we will be on a more relaxed holiday schedule until early January.
Thank you to our IPOScoop readers and subscribers for your support all year long!
(Never trade on proposed symbols. You might wind up owning something on the OTC Bulletin Board.)
Disclosure: Nobody on the IPOScoop.com staff has a position in any stocks mentioned above, nor do they trade or invest in IPOs. The IPOScoop.com staff does not issue advice, recommendations or opinions.
Disclaimer: A SCOOP Rating (Wall Street Consensus of Opening-day Premiums), is a general consensus taken, at press time, from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading. The SCOOP Rating does not reflect the opinions of anyone associated with IPOScoop.com. The SCOOP ratings should not be taken as investment advice. The rating merely reflects the opinion of the professionals at the time of publication and is subject to last-minute change.