Author Archives: Jan Paschal

American Savings Bank (ASBH) of Hawaii upsized its IPO to about 8.06 million shares – up from about 7.5 million in the prospectus – and priced the deal at $16.00 – the mid-point of its $15.00 to $17.00 price range – to raise $128.92 million on Tuesday night, Sept. 15, 2026, the bank said in a statement. […]

Electra Therapeutics (ETRA proposed), a late-stage biotech focused on cancer and autoimmune disorders, set the terms early today for its IPO: 21.67 million shares at a price range of $14.00 to $16.00 to raise $325.05 million, if priced at the $15.00 mid-point of its range, according to its S-1/A filing dated Sept. 14, 2026. The […]

Orion180 Insurance Group  (OIG Proposed) revealed the terms for its $320 million IPO early today – Wednesday, Sept. 9, 2026 –  and launched the deal to price next week. This is the second big IPO to launch since Wall Street returned to work on Tuesday after the long Labor Day holiday weekend. Holtec Nuclear Corp. (HNUC […]

First big IPO launch after Labor Day: Holtec Nuclear Corp. (HNUC Proposed) unveiled the terms for its IPO in an S-1/A filing – 50 million shares at a price range  of $15.00 to $18.00 – to raise $825 million, if priced at the $16.50 mid-point. Holtec Nuclear Corp. intends to  list its stock on the […]

SB Energy (SBE Proposed), a data center and power infrastructure company backed by SoftBank of Japan, has filed to go public in what could be a multibillion-dollar deal. No terms were disclosed in the S-1 filing, which was dated Aug. 31, 2026. SB Energy’s IPO will be listed on both the NASDAQ and the NASDAQ […]

Anticipation is the word in the IPO market. Anthropic is likely to unveil its first public SEC filing for the Claude AI maker’s blockbuster IPO next week – possibly on Tuesday, Sept. 8, 2026, when Wall Street gets back to work after the Labor Day holiday. Anthropic’s IPO could raise as much as $100 billion, […]

Inflection Point Acquisition Corp. VIII (IPHXU) – part of Michael Blitzer’s SPAC franchise – raised $250 million – pricing 25 million units at $10.00 each – in its SPAC IPO on Thursday night, Aug. 27, 2026. Each unit consists of one share and one-third of one redeemable warrant, the prospectus said. Inflection Point Acquisition VIII […]

JATT III Acquisition, a newly minted healthcare SPAC, soared in its NASDAQ debut – up 14.5 percent to close at $11.45 on Wednesday (Aug. 26, 2026). JATT III Acquisition (JTTT), a stock-only SPAC, jumped $1.00 when it started trading – opening at $11.00. Most SPACs trade fairly close to $10.00, the standard price for a […]

Southern Cross Acquisition II   (SCATU), a New York-based SPAC with ties to China, raised $75 million with the pricing of its SPAC IPO – 7.5 million units at $10.00 each – on Tuesday night, Aug. 25, 2026. On Wednesday, Aug. 26, 2026 – Southern Cross Acquisition II   (SCATU) opened flat – at $10.00 – and closed in […]

Friday night lights with solar power and battery storage: CoVolt Power (KVLT Proposed) of Houston filed to go public after the closing bell tonight. This company designs, engineers and builds utility-size solar power plants as well as battery energy storage systems (BESS) and high-voltage transmission and distribution (T&D) infrastructure. The IPO’s estimated proceeds are $100 […]