Author Archives: Jan Paschal

Houston’s HMH Holding (HMH Proposed) unveiled its IPO’s terms after the closing bell today (Monday, March 23, 2026) and launched the deal to price next week. HMH Holding is offering 10.52 million shares at a price range of $19.00 to $22.00 to raise $215.66 million, if the IPO is priced at the $20.50 mid-point of […]

The Metals Royalty Co. (TMCR Proposed) is the largest deal on the IPO Calendar as the war with Iran starts its fourth week. The Canadian royalty acquisition company is planning a NASDAQ Direct Listing of 55.1 million shares that may price today – Monday, March 23, 2026 – with proceeds estimated at $275.5 million. A […]

Janus Living (JAN), a senior housing REIT, upsized its IPO at pricing – to 42 million shares – up from 37 million shares in the prospectus – and priced the deal at $20.00 – the top of its $18.00-to-$20.00 range – to raise $840 million on Thursday night, March 19, 2026. The Denver-based senior housing […]

BHAV Acquisition Corp. (BHAVU) priced its SPAC IPO – 10 million units at $10.00 each – and raised $100 million on Wednesday night, March 18, 2026. Each unit consists of one share of stock and one right to receive one-fourth of a share upon consummation of an initial business combination. BHAV Acquisition slipped in its […]

Austin, Texas-based Swarmer (SWMR) priced its small IPO at $5.00 – the mid-point of its $4.00-to-$6.00 range – and sold 3 million shares – the number of shares in the prospectus – to raise $15 million on Monday night, March 16, 2026. Swarmer’s stock surged in its NASDAQ debut today – Tuesday, March 17, 2026 […]

Janus Living (JAN Proposed), a real estate investment trust (REIT) whose portfolio consists of 34 senior housing communities, launched its $703 million IPO early today – Monday, March 16, 2026 – in an S-11/A filing. The company is offering 37 million shares at a price range of $18.00 to $20.00 to raise  $703 million, if  […]

PayPay (PAYP) priced its IPO at $16.00 – $1.00 below the bottom of its $17.00-to-$20.00 range – on Wednesday night, March 11, 2026. SoftBank-backed PayPay, which is Japan’s dominant QR code-based mobile payment app, priced 55 million American Depositary Shares – the number of ADS in the prospectus – at $16.00 each to raise $880 […]

SoftBank-backed PayPay (PAYP Proposed) – the dominant QR mobile app in Japan – is on center stage this week. The Tokyo-based company is the only large IPO on tap. U.S. stock futures are sliding early today after U.S. oil futures rose 18 percent to about $108 a barrel, their highest level since July 19, 2022, on fear […]

MiniMed (MMED) priced its IPO at $20.00 – down 20 percent from $25.00, the low end of its range – and sold 28.0 million shares – the number in the prospectus – to raise $560 million on Thursday night, March 5, 2026. MiniMed is the first big IPO to get priced after the U.S. and […]

After the bell today, PayPay (PAYP Proposed) of Japan disclosed the terms for its $1 billion IPO.  SoftBank-backed PayPay and a selling shareholder plan to offer 55 million American Depositary Shares (ADS) at a price range of $17.00 to $20.00 to raise $1.02 billion, if the IPO is priced at the $18.50 mid-point of its […]