Author Archives: Jan Paschal

The IPO market is quiet. Many on Wall Street are out for an extended spring holiday break with the convergence this year of Passover, Easter and the beginning of Ramadan. Only a handful of tiny IPOs are on the IPO Calendar for pricing later this week. (Please see the IPO Calendar.) IPOScoop is taking a […]

Excelerate Energy (EE proposed) brought some heat to the April IPO Calendar by launching its IPO early today. The liquefied natural gas (LNG) company plans to offer 16 million shares at $21 to $24 to raise $360 million in its IPO, set for pricing next week – on Tuesday night, April 12. The stock is […]

Rail Vision Ltd., an Israeli tech start-up focused on rail safety, crashed as it pulled out of the IPO station on Thursday. The stock fell 24 percent when it opened Thursday (March 31) on the NASDAQ – trading at $3.14 on volume of 144, 848 shares. The railway safety company priced its small-cap IPO at […]

AN2 Therapeutics (ANTX), a clinical biotech, jumped into the first trading day of spring 2022 by launching its IPO early Monday morning (March 21) for pricing on Thursday night. Shares of AN2 Therapeutics popped on Friday (March 25), opening at $16.85 – up 12.3 percent from their IPO price at $15 – on their first […]

Akanda Corp. (AKAN proposed), a small medical cannabis company, soared in its NASDAQ debut on Tuesday (March 15, 2022) – opening at $30 – or 7.5 times its $4 IPO price. The Akanda deal was the first traditional IPO of March 2022 – braving the market’s chilly waters at a time when Wall Street was […]

Four SPACs – and no IPOs – got done in the first week of March. The world watched in horror after Russian military forces attacked a nuclear plant in southeastern Ukraine on Thursday night (March 3, 2022). The attack provoked fear of a meltdown “that could dwarf the world’s worst nuclear disaster, at Ukraine’s Chernobyl […]

March is off to a subdued start with only 1 SPAC – Valuence Merger Corp. I (VMCAU) – making its trading debut today as all eyes are on Russia’s escalation of attacks on Ukraine. U.S. stocks opened lower and extended their decline by midday, following their drop on Monday (Feb. 28), the first trading day after […]

Clean Earth Acquisitions Corp. (CLINU) priced its SPAC IPO on Wednesday night (Feb. 23, 2022) – just ahead of breaking news that Russia had attacked Ukraine. Clean Earth’s stock and warrants are expected to start trading today (Thursday, Feb. 24) on the NASDAQ. The Wall Street Journal reports that the NASDAQ Composite Index is edging […]

Bankers may be starting the Valentine’s Weekend early after navigating a rocky stock market this week and pricing 16 deals – mostly SPACs plus a sprinkling of small-cap IPOs and uplistings – to raise about $1.24 billion. The week’s mix included a public offering after an uplisting. (This column, initially published on Monday, Feb. 7, […]

Arcellx (ACLX), a cancer-focused biotech, shot up to $19 at its opening trade on Friday (Feb. 4, 2022) – up $4 from its IPO price – in its NASDAQ debut. Arcellx priced its IPO on Thursday (Feb. 3, 2022) at $15 – the low end of its $15-to-$17 range – on 8.25 million shares. The […]