Category Archives: The IPO Buzz

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 […]

Cal Redwood Acquisition Corp. (CRACU), a Menlo Park, California-based SPAC, raised $200 million by pricing its IPO on Thursday night, May 22, 2025, in sync with the terms in its prospectus: 20 million units at $10.00 each. Cal Redwood Acquisition Corp. (CRACU) opened at $10.02 at 10:55 a.m. EDT today –  Friday, May 23, 2025 – on […]

Oyster Enterprises II Acquisition Corp. (OYSEU) upsized its IPO at pricing to 22 million units – up from 20 million in the prospectus – and priced the deal at $10.00 per unit – as expected – to raise $220 million on Wednesday night, May 21, 2025. Each unit consists of one share of stock and […]

MNTN, Inc. (MNTN), a Connected TV ad software company, priced its IPO at $16.00 – the top of its $14.00-to-$16.00 range – and sold 11.7 million shares – the number of shares in the prospectus – to raise $187.2 million on Wednesday night, May 21, 2025. Shares of MNTN jumped 31.25 percent to open at $21.00 […]

Hinge Health, Inc. (HNGE) priced its IPO at $32.00 – the top of its $28.00-to-$32.00 price range – and sold 13.67 million shares – the number of shares in the prospectus – to raise $437.31 million on Wednesday night, May 21, 2025. Shares of Hinge Health opened at $39.25 – up 22.7 percent for a […]

Armada Acquisition Corp. II (AACIU)  priced its SPAC IPO in sync with the terms in the prospectus – 20.0 million units at $10.00 each – to raise $200.0 million on Tuesday night, May 20, 2025. Each unit consists of one share  of stock and one-half of a warrant, according to the prospectus. Armada Acquisition II […]

ProCap Acquisition Corp. (PCAPU) upsized its SPAC IPO at pricing to 22.0 million units – up from 20.0 million in the prospectus – and priced the deal at $10.00 per unit, as expected – to raise $220.0 million on Tuesday night, May 20, 2025. Each unit consists of one share and one-third of one redeemable […]