Author Archives: Jan Paschal

Klarna Group plc  (KLAR), the pioneer in the “Buy Now, Pay Later” space, priced its long-awaited IPO at $40.00 – $3.00 above the top of its range – and sold 34.31 million shares to raise $1.37 billion on Tuesday night, Sept. 9, 2025. At pricing, Klarna had a market cap of about $15.1 billion. Klarna’s […]

Gemini Space Station (GEMI Proposed), the Winklevoss twins’ global cryptocurrency exchange, raised its IPO’s price range to $24.00 to $26.00 – up from $17.00 to $19.00 initially – and kept the number of shares at 16.67 million, according to an S-1/A filing dated Sept. 9, 2025, and disclosed after the closing bell as part of the SEC’s […]

Gemini Space Station (GEMI Proposed), a global cryptocurrency exchange founded in 2014 by Cameron and Tyler Winklevoss – also known as the Winklevoss twins – disclosed early today that NASDAQ has agreed to buy $50 million of stock in a private placement concurrent with its IPO, according to an S-1/A filing dated Sept. 9, 2025. […]

Netskope, Inc. (NTSK Proposed) revealed its IPO terms early today. The cloud and AI-driven digital platform company is offering 47.8 million shares at a price range of $15.00 to $17.00 to raise $764.8 million, if priced at the $16.00 mid-point of its range. according to its S-1/A filing dated Sept. 8, 2025. At pricing, Netskope […]

StubHub Holdings (STUB Proposed) dropped the mic on its IPO early today: The ticket reseller is offering 34.04 million shares at a price range of $22.00 to $25.00 to raise $799.94 million, if the IPO is priced at the $23.50 mid-point of its range. At pricing, StubHub would have a market cap of about $8.64 […]

Fitness Champs Holdings Ltd. (FCHL) of Singapore priced its small IPO at $4.00 – the low end of its $4.00-to-$5.00 range – and raised $15 million by selling 3.75 million shares – the number in the prospectus – on Wednesday night, Sept. 3, 2025. Fitness Champs’ stock ended its first day of NASDAQ trading at […]

Klarna (KLAR Proposed) popped out of the box by disclosing the plans for its $1.24 billion IPO – leading a flurry of five IPOs launched early today with combined proceeds of about $3 billion. (Please see our IPO Calendar for details.) This is the burst of IPO activity after Labor Day that Wall Street had […]

Four big deals slid into the IPO pipeline on Friday, Aug. 22, 2025 – in a sign that the IPO market may be in store for a hot September after the Labor Day holiday break. (Editor’s Note: This column, initially published early Sunday, Aug. 24, 2025, was updated on Monday afternoon, Aug. 25, 2025.) These […]

Elite Express Holding Inc. (ETS), which provides last-mile delivery services in California, trimmed its small IPO at pricing to 3.8 million shares – down from 4.0 million shares in the prospectus – and priced the IPO at $4.00, as planned – to raise $15.2 million on Wednesday night, Aug. 20, 2025. Elite Express shares opened […]

Cantor Equity Partners IV (CEPF) raised $400 million – as planned – with the pricing of its stock-only SPAC IPO – consisting of 40 million shares at $10.00 each- on Wednesday night, Aug. 20, 2025. Shares of Cantor Equity Partners IV started trading today – Thursday, Aug. 21, 2025 – at $10.13 – up 13 […]