Author Archives: Jan Paschal

Voyager Technologies (VOYG Proposed), the company developing the Starlab Space Station, launched its $302.5 million IPO early today – Monday, June 2, 2025 – after disclosing its IPO terms in an S-1/A filing. Voyager Technologies, based in Denver, Colorado, is offering 11.0 million shares at a price range of $26.00 to $29.00 to raise $302.5 […]

Circle Internet Corp. (CRCL Proposed), a cryptocurrency issuer, sharply upsized its IPO to $880 million – up from $600 million originally – according to new terms – an increase in both the number of shares and the proposed price range – in an S-1/A filing early today – Monday, June 2, 2025. New York-based Circle […]

Chime Financial, Inc. (CHYM Proposed), which runs a mobile banking platform for Americans earning $100,000 or less per year, expects to raise $800 million in its IPO, launched early today – Monday, June 2, 2025. Chime Financial’s IPO consists of  32 million shares at a price range of $24.00 to $26.00 to raise $800 million, […]

The IPO market gets a jump-start for the month of June with two big deals: Cryptocurrency issuer Circle Internet Corp. (CRCL Proposed) and Omada Health (OMDA Proposed), a provider of virtual care to people living with chronic health conditions, plan to go public this week. June’s IPO market is warmed by the trade winds of May 2025, when the […]

Beijing-based SPAC Wintergreen Acquisition Corp. (WTGUU) raised $50 million, as expected, on Wednesday night, May 28, 2025. Wintergreen Acquisition, which will focus on the technology, media and telecom (TMT) sector in Asia, including China, priced 5.0 million units at $10.00 each, in sync with the terms in the prospectus. On Thursday, May 29, 2025, Wintergreen Acquisition […]

Jena Acquisition Corp. II (JENA.U), a SPAC led by William Foley, II, a FinTech entrepreneur and SPAC veteran, raised $200 million – as expected – with the pricing of its IPO on Wednesday night, May 28, 2025. Jena Acquisition II priced 20.0 million units at $10.00 each – the terms in the prospectus. In its […]

Omada Health, Inc. (OMDA Proposed) launched its $150.1 million IPO with the disclosure of terms – 7.9 million shares at a price range of $18.00 to $20.00 – in an S-1/A filing early today – Thursday, May 30, 2025. The IPO is expected to price next week. (Please see our IPO Calendar.) This is a […]

SPACs just keep coming down the IPO highway. Two deals – ChampionsGate Acquisition Corp. (CHPGU) from sole book-runner Clear Street and Kochav Defense Acquisition Corp. (KCHVU) from sole book-runner SPAC Advisory Partners, a division of Kingswood Capital – raised a total of $285 million by pricing their IPOs on Tuesday night, May 27, 2025. ChampionsGate […]

Circle Internet Corp. (CRCL Proposed), a cryptocurrency issuer, disclosed the terms for its $600 million IPO – 24.0 million shares at a price range of $24.00 to $26.00 – in an S-1/A filing early today – Tuesday, May 27, 2025. The IPO is expected to price next week. Of the 24.0 million shares in the […]

Fast Track Group (FTRK), a Singapore-based events and concert management company, priced its micro-cap IPO at $4.00 – the low end of its $4.00-to-$5.00 price range – and sold 3.75 million shares – the number of shares in the prospectus – to raise $15.0 million on Thursday night, May 22, 2025. At pricing, Fast Track […]