Author Archives: Jan Paschal

Two small IPOs raised a total of $16.5 million on Thursday night (Aug. 22, 2024) – WORK Medical Technology Group Ltd. (WOK) brought in $8.0 million – and Reitar Logtech Holdings (RITR) took in $8.5 million. Both holding companies are incorporated in the Cayman Islands. Both IPOs started trading today – Friday, Aug. 23, 2024 […]

WeRide (WRD Proposed) of China intends to price its IPO this week after delaying the $109.7 million deal last Thursday – hours ahead of the expected pricing. WeRide, an autonomous driving company best known for its robotaxis, is the largest IPO on the IPO Calendar for the week of Aug. 19, 2024. Two small IPOs […]

SilverBox Corp. IV  (SBXD.U) raised $200.0 million – as expected – with its SPAC IPO priced on Thursday night, Aug. 15, 2024. The deal’s terms: 20.0 million units at $10.00 each. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. SilverBox Corp. IV shares opened at $10.00 – even with […]

YXT.COM Group Holding (YXT) priced its IPO at $11.00 – the low end of the range – and trimmed the deal’s size at pricing to 2.273 million American Depositary Shares – down from 2.75 million ADS in the prospectus – to raise $25.0 million on Thursday night, Aug. 15, 2024. Each ADS equals three ordinary shares. […]

HCM II Acquisition Corp. (HONDU) priced its SPAC IPO in sync with the terms in the prospectus – 20 million units at $10.00 each – to raise $200 million on Thursday night, Aug. 15, 2024. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. HCM II Acquisition’s stock opened […]

Not tonight. WeRide (WRD Proposed) tapped the brakes today on its IPO – hours ahead of when the Chinese autonomous driving start-up’s deal was scheduled for pricing. WeRide’s IPO has rolled onto next week’s IPO Calendar, according to people familiar with the situation. When it pulls back into the IPO lane, WeRide may be sporting […]

Shares of small-cap pancreatic cancer biotech Actuate Therapeutics (ACTU) shot up 23.5 percent to open at $9.88 at 10:45 a.m. EDT today – Tuesday, Aug. 13, 2024 – up $1.88 from the $8.00 IPO price – in their NASDAQ trading debut. Volume was 8,894 shares on that opening trade, according to NASDAQ records. At the […]

Cantor Equity Partners (CEP) raised $100 million on Monday night, Aug. 12, 2024, by pricing its stock-only SPAC IPO in sync with the terms in the prospectus: 10.0 million Class A ordinary shares at $10.00 each. Cantor was the sole book-runner. Cantor Equity Partners’ stock started trading at $10.01 – up 1 penny – at […]

China’s WeRide (WRD Proposed), which describes itself as the world’s only autonomous driving company with test permits in four countries, unveiled the terms of its $109.7 million IPO after the closing bell on Friday (Aug. 9, 2024). WeRide intends to price its IPO this week. WeRide rolled onto the IPO Calendar as the only sizable […]

Healthcare-focused Voyager Acquisition Corp. (VACHU) raised $220 million by pricing 22.0 million units at $10.00 each in its SPAC IPO on Thursday night, Aug. 8, 2024. The Voyager Acquisition deal was priced in sync with the recently downsized terms in its prospectus. Each unit consists of one Class A ordinary share and one-half of one […]