The IPO Buzz: Cardinal Infrastructure (CDNL) Prices IPO at $21 Mid-Point

Cardinal Infrastructure (CDNL) priced its IPO at $21.00 – the mid-point of its $20.00-to-$22.00 range – and sold 11.5 million shares – the number of shares in the prospectus – to raise $241.5 million on Tuesday night, Dec. 9, 2025.  At pricing, Cardinal Infrastructure had a market cap of $768.75 million. Cardinal’s stock is expected […]

December 9, 2025 Read More

The IPO Buzz: London’s Daedalus Acquisition Raises $225 Million

London Calling: Daedalus Special Acquisition Corp. (DSACU) increased its SPAC IPO’s size to 22.5 million units at pricing – up from 20 million units in the prospectus – and raised $225 million on Monday night, Dec. 8, 2025. The SPAC IPO was priced at $10.00 per unit, which is standard for a SPAC deal. Each […]

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The IPO Buzz: Leapfrog Acquisition (LFACU) Raises $125 Million

Leapfrog Acquisition Corp.  (LFACU), a SPAC focused on the energy supply chain and critical minerals, raised $125 million on Thursday night, Dec. 4, 2025. The Leapfrog Acquisition deal consisted of 12.5 million units at $10.00 each. Leapfrog Acquisition’s units started trading today – Friday, Dec. 5, 2025 – at $10.01 – up 1 cent from […]

December 5, 2025 Read More

The IPO Buzz: Wealthfront (WLTH Proposed) Sets Terms for $450 Million IPO

Wealthfront Corp. (WLTH Proposed), an automated wealth management firm that focuses on “digital native” clients – namely, Millennials and Gen Z people, unveiled the terms for its $450 million IPO early today – Tuesday, Dec. 2, 2025. The deal consists of 34.62 million shares at a price range of $12.00 to $14.00 to raise $450.06 […]

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The IPO Buzz: December Dance

As the calendar flips to December, one large IPO – Cardinal Infrastructure (CDNL Proposed) – set terms early Monday, Dec. 1st – to price its $241.5 million IPO next week. The IPO Pipeline also features another seven big IPOs that could dance into the spotlight  before the year 2025 ends. In reality, probably only a […]

December 1, 2025 Read More