Author Archives: Jan Paschal

Centurion Acquisition Corp. (ALFUU) priced its SPAC IPO of 25.0 million units at $10.00 each – the terms in the prospectus – to raise $250.0 million on Monday night, June 10, 2024. Each unit consists of one Class A share of common stock and one-half warrant. Centurion Acquisition’s stock rose in its NASDAQ debut to […]

Tempus AI (TEM Proposed), known for its proprietary AI-driven healthcare data platform, leads the IPO Calendar for the second week of June with its $400 million IPO. The unprofitable cancer-focused genomics testing and data company’s IPO  is the only big IPO on this week’s lineup. Tempus AI is backed by SoftBank Corp. of Japan. Australia’s […]

Rapport Therapeutics (RAPP), a Phase II biotech, priced its IPO at $17.00 – the mid-point of its $16.00-to-$18.00 range – on 8.0 million shares – the number in the prospectus – to raise $136.0 million, the company said on Thursday night, June 6, 2024. Shares of Rapport Therapeutics jumped $1.00 from their IPO price to open at […]

Waystar (WAY), a U.S. healthcare payments software provider, priced its IPO at $21.50 – the mid-point of its $20.00-to-$23.00 range – and sold 45.0 million shares – the number of shares in the prospectus – to raise $967.5 million on Thursday night, June 6, 2024. This is the largest IPO of the year by a […]

Life360 (LIF), which provides a mobile app and Tile trackers to help families and pets stay connected, priced its U.S. initial public offering of 5.75 million shares  at $27.00 to raise $155.25 million, the San Francisco-based company announced early today – Thursday, June 6, 2024. The $27.00 offering price was more than $3.00 below the […]

Israeli light control company Gauzy Ltd. (GAUZ) upsized its IPO slightly at pricing to 4.41 million shares – up from 4.17 million shares in the prospectus – and priced the IPO at $17.00 – the low end of its $17.00-to-$19.00 range – to raise $75.0 million on Wednesday night, June 5, 2024. Gauzy sold 245,098 more […]

First IPO priced in June: Fly-E Group (FLYE) trimmed its small-cap IPO to 2.25 million shares – down from 3.0 million shares in the prospectus – and priced the deal at $4.00  – the low end of its $4.00-to-$5.00 price range – to raise $9.0 million on Wednesday night, June 5, 2024. Fly-E Group’s stock […]

Waystar (WAY Proposed), a U.S. provider of healthcare payments software, and Novelis (NVL Proposed), an aluminum producer incorporated in Canada, are jump-starting the June IPO market.  Together, they aim to raise a combined $1.85 billion with their IPOs this week. Two smaller IPOs round out this week’s IPO Calendar: Fly-E Group Ltd. (FLYE Proposed), a […]

Gauzy Ltd. (GAUZ Proposed), a light and vision control company based in Israel, disclosed the terms for its $75.0 million IPO in an F-1/A filing today – Wednesday, May 29,  2024. The unprofitable company is offering 4.17 million shares at a price range of $17.00 to $19.00 to raise $75.0 million, if priced at the […]

Novelis Inc. (NVL Proposed), the world’s largest recycler of aluminum, disclosed the terms for its $877.5 million IPO early today (Tuesday, May 28, 2024): 45.0 million shares at a price range of $18.00 to $21.00 a share. If priced at the $19.50 mid-point of its range, Novelis’ IPO would raise $877.5 million. All stock in […]