Author Archives: Jan Paschal

Grupo Aeromexico (AERO) priced its IPO at $19.00 – the mid-point of its $18.00-to-$20.00 range – and sold 11.7 million American Depositary Shares (ADS) – the number in the prospectus – to raise $222.8 million on Wednesday night, Nov. 5, 2025. Each ADS represents 10 ordinary shares, according to the prospectus. At pricing, Grupo Aeromexico (AERO) had […]

Evommune (EVMN), a Phase II biotech developing treatments for atopic dermatitis and ulcerative colitis, priced its IPO at $16.00 – the mid-point of its $15.00-to-$17.00 price range -on Wednesday night, Nov. 5, 2025. The California company sold 9.38 million shares – the number of shares in the prospectus – and raised $150 million in its […]

Exzeo Group (XZO), a property and casualty insurance platform operator, priced its IPO at $21 – the mid-point of its  $20.00-to-$22.00 range – and sold 8 million shares – the number in the prospectus – to raise $168 million on Tuesday night, Nov. 4, 2025. Exzeo’s stock opened flat at $21 in its New York Stock […]

BETA Technologies (BETA) increased its IPO’s size at pricing – to 29.85 million shares from 25 million shares in the prospectus – and priced the IPO at $34.00 – $1.00 above the top of its $27.00-to-$33.00 range – to raise about $1.02 billion on Monday night, Nov. 3, 2025. At pricing, BETA Technologies’ market cap was […]

BETA Technologies (BETA Proposed), an electric plane manufacturer, leads the IPO Calendar as November gets under way – and the U.S. government shutdown starts its fifth week.  BETA Technologies’ $750 million IPO represents half of the $1.5 billion that bankers expect to raise by pricing five large deals this week. Flight is in play. Grupo Aeromexico […]

Viking Acquisition Corp. I (VACI.U), a New York-based SPAC, raised $200 million on Thursday night, Oct. 30, 2025, with the pricing of its IPO: 20 million units at $10.00 each. Viking Acquisition Corp. I (VACI.U) opened at $10.05 – up a nickel from its SPAC IPO price – on Friday, Oct. 31, 2025 – on […]

Houston-based Dynamix III Corp. (DNMXU) priced its SPAC IPO in sync with the terms in its prospectus -17.5 million units at $10.00 each – to raise $175 million on Wednesday night, Oct. 29, 2025. Dynamix III (DNMXU) opened at $10.12 – up 12 cents from its SPAC IPO price – in its debut at 10:52 […]

Navan (NAVN), a road warriors’ travel and expense app, priced its IPO at $25.00 – the mid-point of its $24.00-to-$26.00 range. Navan’s IPO consisted of 36.9 million shares – the number in the prospectus – and it raised $963 million on Wednesday night, Oct. 29, 2025. Navan offered 30 million shares – for $750 million […]

Insight Digital Partners II (DYORU) raised $150 million on Tuesday night, Oct. 28, 2025 – in the second crypto-focused SPAC IPO priced this week. The deal totaled 15 million units at $10.00 each. According to the prospectus, each unit consists of one share of stock and one-half of one redeemable warrant. Insight Digital Partners II […]

Medline Inc. (MDLN Proposed) filed its S-1 to go public  today – no terms – in a deal that’s already creating a stir on the Street. This could be a blockbuster IPO. Bloomberg estimates that Medline’s IPO could raise about $5 billion in what is likely to be one of the biggest private equity-backed deals […]