Author Archives: Jan Paschal

I TG, Inc. (ITG) priced its IPO at $16.00 – $3.00 below its $19.00-to-$22.00 range – and sold 19.51 million shares – the number in the prospectus – to raise $312.16 million. At pricing, ITG had a market cap of $1.94 billion. Shares of ITG opened at $18.00 – up $2.00 from their IPO price […]

Ares Acquisition Corp. III (AAC.U) upsized its SPAC IPO at pricing to 34.5 million units – up from 30 million units in the prospectus – and priced the deal at $10.00 per unit, as expected – to raise $345 million on Monday night, June 29, 2026. Each unit consists of one share and one-tenth (1/10th) […]

IPO bankers are staging a variety show just ahead of the nation’s 250th birthday on the Fourth of July. Four companies are planning to go public and raise a total of $2.54 billion on Tuesday night, June 30, 2026 – to trade Wednesday, July 1. The U.S. stock market will be closed on Friday, July […]

Sinda Ltd. (SIND), an exploration-stage silver mining company in Mexico, priced its IPO at $12.00 – below the mid-point and toward the low end of its $11.25-to-$13.25 price range – and sold 17.75 million shares – the number of shares in the prospectus – to raise $213 million on Thursday night, June 25, 2026. Sinda’s […]

Doncasters Group – DPC Holdings Limited (DPC) upsized its IPO at pricing and priced the deal at $33.00 – $1.00 above the top of its range – to raise $919.38 million on Wednesday night, June 24, 2026. At pricing, Doncasters – DPC Holdings Limited (DPC) increased its IPO’s size to 27.86 million shares- up from 23.33 million […]

Talk about a manic Monday.  Bending Spoons(BSP Proposed) unveiled its $1.6 billion IPO after the closing bell with plans to price the deal next week. The holding company, based in Milan, Italy, owns a portfolio of online household names, including AOL, Eventbrite and Vimeo. Bending Spoons’ IPO was the fourth big IPO launched today – […]

Lime, the global company that offers short-term rentals of electric scooters and electric bikes, disclosed its plans for its IPO early today to raise $174 million,  if priced at the mid-point of its range. Lime’s IPO is set for pricing next week. The San Francisco-based company serves customers in 29 countries and about 230 cities. The […]

IPO bankers launched two big deals – ITG, Inc. (ITG Proposed) and Sinda Ltd. (SIND Proposed) – early today (Monday, June 22, 2026) – to price next week and raise a total of $617.4 million just ahead of the Fourth of July holiday. The U.S. stock market will be closed on Friday, July 3, the […]

Right on cue: The Qatar Investment Authority (QIA) will buy $75 million of stock in Doncasters Group – DPC Holdings Limited (DPC Proposed), according to an SEC filing early today (Monday, June 22, 2026). The QIA Private Placement is in addition to another concurrent private placement in which certain existing shareholders (including directors) have agreed to […]

First Carolina Financial Services  (FCBM) priced its IPO at $12.50 – $1.50 below the bottom of its $14.00-to-$16.00 range – and sold 5.5 million shares – the number in the prospectus – to raise $68.75 million on Wednesday night, June 17, 2026. In its New York Stock Exchange debut today – Thursday, June 18 – First Carolina Financial […]