Author Archives: Jan Paschal

Skycorp Solar Group Limited (PN) of China priced its small-cap IPO at $4.00 – the low end of its $4.00-to-$5.00 price range – and sold 2.0 million shares – the number of shares in the prospectus – to raise $8.0 million on Monday night, March 3, 2025. Skycorp Solar’s IPO goes into the books as […]

CoreWeave, Inc. (CRWV Proposed), an AI cloud platform company, pumped some heat into the frigid IPO waters after the closing bell today by filing for its initial public offering. No terms were disclosed in the S-1 filing, dated March 3, 2025. Bloomberg, however, has reported that CoreWeave could raise as much as $4 billion in […]

To wrap up February, three SPACs priced their IPOs and raised a total of $575 million on Thursday night, Feb. 27, 2025. All three SPACs are expected to start trading today – Friday, Feb. 28 – on the NASDAQ. Each deal was priced in sync with the terms in the prospectus. Here are the pricing […]

Three Chinese companies – Luda Technology Group Ltd. (LUD) and LZ Technology Holdings (LZMH) and Webus International (WETO) – raised a total of $25.2 million by pricing their IPOs on Wednesday night, Feb. 26, 2025. Here are the pricing details: – Luda Technology Group Ltd. (LUD)  priced its IPO at $4.00, as expected, and sold 2.5 million shares to raise $10.0 […]

Rithm Acquisition Corp. (RAC.U) priced its SPAC IPO in sync with the terms in the prospectus – 20.0 million units at $10.00 each – and raised $200.0 million on Wednesday night, Feb. 26, 2025. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Rithm Acquisition’s units started trading today […]

Kestra Medical Technologies (KMTS Proposed), which makes and sells a wearable cardioverter defibrillator, unveiled the terms for its IPO – 10 million shares at a price range of $14.00 to $16.00 – to raise $150.0 million, if priced at the mid-point, in an S-1/A filing early today – Wednesday, Feb. 26, 2025. The Kirkland, Washington-based […]

(Editor’s Note: This column, published Tuesday morning, was updated Wednesday morning, Feb. 26, 2025, with pricing and trading news on STAK Inc., a micro-cap IPO, and other deals.) Basel Medical Group Ltd.  (BMGL), an orthopedic surgery group based in Singapore, priced its IPO at $4.00 – the low end of its $4.00-to-$5.00 price range – and […]

Basel Medical Group Ltd. (BMGL), based in Singapore, priced its IPO at $4.00 – the low end of its $4.00-to-$5.00 price range – and sold all 2.21 million shares (2,205,000 shares) – the number of shares in the prospectus – to raise $8.84 million on Monday night, Feb. 24, 2025. Basel Medical Group’s stock is […]

Wellgistics Health (WGRX) priced its IPO at $4.50 – the low end of its $4.50-to-$5.50 range – and sold all 900,000 shares – the number in the prospectus – to raise $4.05 million on Thursday night, Feb. 20, 2025. Shares of Wellgistics Health slipped in their NASDAQ debut, opening at $4.35 – down 15 cents from their […]

Anbio Biotechnology (NNNN) priced its IPO at $5.00 – the low end of its $5.00-to-$6.00 price range – and sold all 1.6 million Class A ordinary shares – the number in the prospectus – to raise $8.0 million on Tuesday night, Feb. 18, 2025. Shares of Anbio Biotechnology (NNNN) opened at $5.26 – up 26 […]