Author Archives: Jan Paschal

American Integrity Insurance Group (AII), a Tampa, Florida-based residential property insurance company, priced its IPO at $16.00 – the mid-point of its $15.00-to-$17.00 price range – and sold 6.875 million shares – the number of shares in the prospectus – to raise $110.0 million on Wednesday night, May 7, 2025. At pricing, American Integrity Insurance Group […]

Dune Acquisition Corp. II (IPODU), a blank check company or special-purpose acquisition company (SPAC) focused on the Software as a Service (SaaS) and AI (artificial intelligence) sectors, raised $125 million with the pricing of its SPAC IPO on Tuesday night, May 6, 2025. Dune Acquisition II sold 12.5 million units at $10.00 each, in sync […]

By Jan Paschal    Posted May 5, 2025 Israel’s eToro Group Ltd. (ETOR Proposed), a global trading platform for retail investors, set the terms for its $480 million IPO early today – Monday, May 5, 2025 – and launched the deal to price next week. The Israeli company’s F-1/A filing showed that eToro Group Ltd. is […]

Smart Digital Group Limited (SDG) popped in its NASDAQ debut today – Friday, May 2, 2025 – with its stock jumping to $5.45 – up $1.45 from its $4.00 IPO price – at 10:20 a.m. EDT, according to NASDAQ. Volume on the opening trade totaled 57,768 shares. Smart Digital Group Limited, the Singapore holding company of […]

Upsize this. That was the word on three big SPAC IPOs, which raised $792 million combined on Thursday night, May 1, 2025, to trade today, Friday, May 2, all on the NASDAQ: Cantor Equity Partners II (CEPT) – a stock-only SPAC – raised $240 million – up from $200 million in the prospectus – by […]

Republic Digital Acquisition Co. (RDAGU), a FinTech- and cryptocurrency-focused SPAC based in New York, raised $264 million by upsizing its SPAC IPO at pricing on Wednesday night, April 30, 2025. At pricing, Republic Digital Acquisition increased the size of its SPAC IPO to 26.4 million units – up from 22.0 million units in the prospectus […]

Consumer tech and lifestyle-focused Copley Acquisition (COPLU) raised $150 million by pricing its SPAC IPO on Wednesday night, April 30, 2025, in sync with the terms in its prospectus: 15.0 million units at $10.00 each – with each unit consisting of one share of common stock and one-half of a warrant. Today – Thursday, May 1, […]

Shares of Yuanbao (YB) topped $21 in their opening trade on the NASDAQ today – Wednesday, April 30, 2025 – after the small IPO was priced last night at $15.00 – the top of its range. Yuanbao, the parent of a Chinese online insurance company, priced 2.0 million American Depositary Shares (ADS) at $15.00 – […]

Call it a spring awakening. As a cold April began to wind down, the IPO market felt a warm breeze with the launch of two big IPOs for pricing next week. Aspen Insurance Holdings Ltd. (AHL Proposed) of Bermuda disclosed the terms for its $330 million IPO early Tuesday, April 29, 2025 – and launched […]

Two SPACs – Digital Asset Acquisition (DAAQU) and Real Asset Acquisition (RAAQU) – each priced a $150 million SPAC IPO – to raise a total of $300 million on Monday night, April 28, 2025. The unit structure is identical for Digital Asset Acquisition and Real Asset Acquisition: Each unit consists of one share of stock and one-half of one […]