Author Archives: Jan Paschal

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 […]

OMS Energy Technologies, Inc. (OMSE Proposed), the Singapore-based parent of an oilfield equipment company, leads the IPO Calendar to wrap up April: This is a $50.0 million IPO with Roth Capital as the sole book-runner. The IPO market’s April 2025 swan song includes another small deal of interest – the $28.0 million IPO – an […]

Phoenix Asia Holdings Ltd. (PHOE) shares shot up to $7.00 – up 75 percent from their $4.00 IPO price – in their NASDAQ debut today – Friday, April 25, 2025 – at 10:45 a.m. EDT. Volume on that opening trade: 104,722 shares. By around 11:30 a.m. EDT, though, the thrill was gone: Phoenix Asia Holdings’ […]

Two SPACs – Crane Harbor Acquisition Corp. (CHACU) and Inflection Point Acquisition Corp. III (IPCXU)– raised a total of $420 million with the pricing of their IPOs on Thursday night, April 24, 2025. Crane Harbor Acquisition’s stock broke issue price to open at $9.98 – down 2 cents from its $10.00 IPO price – at 11:02 […]

New Providence Acquisition Corp. III/Cayman (NPACU) priced its SPAC IPO – 26.1 million units at $10.00 each – to raise $261.0 million on Wednesday night, April 23, 2025. Each unit consists of one share of stock and one-third of one redeemable warrant.   Shares of New Providence Acquisition Corp. III/Cayman slipped 1 cent to open at $9.99 on Thursday, April […]