Category Archives: The IPO Buzz

Pony AI (PONY Proposed), a Chinese self-driving technology company, trotted out the terms for its IPO – 15.0 million American Depositary Shares (ADS) – at a price range of $11.00 to $13.00 – to raise $180.0 million, if priced at the $12.00 mid-point of its range, according to an F-1/A filing dated Nov. 14, 2024. […]

Peak Resources L.P. (PRB Proposed), an oil and gas limited partnership, postponed its IPO today – Wednesday, Nov. 13, 2024 – and cited market conditions as the reason, according to  the word on the Street. Peak Resources had rescheduled its IPO pricing date a few times after disclosing the deal’s terms in mid-October. In the prospectus, […]

Invizyne Technologies (IZTC), a pre-revenue development-stage company, raised $15 million with the pricing of its IPO on Tuesday night, Nov. 12, 2024. The company priced 1.875 million shares at $8.00 – the terms in the prospectus. Invizyne Technologies’ stock jumped to $11.10 – its opening trade at 12:15 p.m. EST today – Wednesday, Nov. 13, […]

Peak Resources L.P. (PRB Proposed), an oil and gas limited partnership viewed as “a retail dividend play,” is set to price its unit IPO tonight – Tuesday, Nov. 12, 2024 – on the day after Veterans Day, the federal holiday honoring the men and women who serve or who have served in the U.S. military. This […]

Two SPACs –  Willow Lane Acquisition (WLACU) and A SPAC III Acquisition (ASPCU) – priced their IPOs and raised a total of $165 million on Thursday night, Nov. 7, 2024. Both SPAC IPOs are expected to start trading today – Friday, Nov. 8, 2024 – on the NASDAQ. Bankers priced each SPAC IPO in sync […]

GSR III Acquisition Corp. (GSRTU) raised $200 million on Wednesday night, Nov. 6, 2024, by pricing its SPAC IPO in sync with the terms in the prospectus:  20.0 million units at $10.00 each. Shares of GSR III Acquisition Corp. slipped 2 cents to open at $9.98 at noon EST today – Thursday, Nov. 7, 2024 […]

Aduro Clean Technologies (ADUR) downsized its small public offering/NASDAQ uplisting to 941,177 shares – down from 1.1 million shares (1,098,901 shares) in the prospectus – and priced the offering at $4.25 – the low end of its $4.25-to-$5.00 price range – to raise $4.0 million – on Wednesday night, Nov. 6, 2024. The company’s stock […]

The IPO Calendar is light this week as Wall Street celebrates Donald Trump’s victory in the U.S. presidential election, as Bloomberg reported. The Dow Jones Industrial Average jumped more than 1,000 points at the opening today – following through on the forecast from U.S. stock futures, which had rocketed higher while U.S. Treasury bond yields jumped. […]

Two SPAC IPOs- Bleichroeder Acquisition Corp. I and Newbury Street Acquisition II Corp. – raised $400 million combined at pricing on Halloween night, Thursday, Oct. 31, 2024: –Bleichroeder Acquisition Corp. I (BACQU) priced 25.0 million units at $10.00 each to raise $250.0 million. Cohen & Company Capital Markets and Seaport Global were the joint book-runners. Each […]

Gelteq Ltd. (GELS) priced its tiny IPO of 1.3 million shares at $4.00 – the terms in the prospectus – to raise $5.2 million on Monday night, Oct. 28, 2024. Gelteq’s stock started trading Tuesday, Oct. 29, 2024 – opening flat at $4.00 at 10:49 a.m. EDT on the NASDAQ on volume of 278,543 shares. (Editor’s Note: […]