Category Archives: The IPO Buzz

The IPO traffic will be light this week – in keeping with tradition for the Fourth of July holiday. The U.S. stock market will be closed on Thursday, July 4, 2024, for the federal holiday also known as Independence Day.  Many market participants – Wall Street pros and investors – take the entire week off […]

Alumis (ALMS), a psoriasis-focused biotech, downsized its IPO and priced it at $16.00 – the low end of its range – to raise $210.0 million on Thursday night, June 27, 2024. The IPO’s size was trimmed to 13.125 million shares at pricing – down from 17.65 million shares in the prospectus. The IPO price – $16.00 […]

Private equity-backed LandBridge (LB) priced its IPO at $17.00 – $2.00 below the bottom of its $19.00-to-$22.00 range – on Thursday night, June 27, 2024. LandBridge priced 14.5 million shares – the number of shares in the prospectus – at $17.00 each to raise $246.5 million. The stock is expected to start trading today – […]

Manga! WEBTOON Entertainment, Inc. (WBTN) priced its IPO at $21.00 – the high end of its range – and sold 15.0 million shares to raise $315 million on Wednesday night, June 26, 2024. The comics and creative content platform’s stock started trading Thursday, June 27, on the NASDAQ – opening at $21.30 at 12:06 p.m. […]

The late June run for IPOs picked up some steam early today when Alumis Inc. (ALMS Proposed), a Phase II/III clinical biotech, disclosed terms and launched its $300 million IPO. That launch brings to three the number of large traditional IPOs expected to price this week – the last week of June 20204. WEBTOON Entertainment […]

SPAC IPO bankers raised a total of $410 million – as expected – with the pricing of these three deals on Monday night, June 17, 2024.  All three SPAC IPOs were set to make their trading debuts today on the NASDAQ. (Editor’s Note: This column, published early today, Tuesday, June 18, 2024, has been updated […]

WEBTOON Entertainment Inc. (WBTN Proposed), a global storytelling platform for creators and fans of comics and other creative content with its roots in South Korea, unveiled the terms for its $292.5 million IPO early today – Monday, June 17, 2024. The WEBTOON IPO is expected to price next week. (Please see the IPO Calendar on […]

LandBridge Co LLC (LB Proposed), a Houston-based company that buys and manages oil- and natural gas-rich land in the Permian Basin, unveiled the terms for its $297.25 million IPO in an S-1/A filing early  today  – Monday, June 17, 2024.  The IPO is expected to price late next week. (Please see the IPO Calendar on IPOScoop.com […]

Tempus AI (TEM) priced its IPO at $37.00 – the high end of its range – and sold the full 11.1 million shares in the prospectus – to raise $410.7 million on Thursday night, June 13, 2024. The market cap is $6.1 billion. Tempus AI’s stock jumped $3.00 to open at $40.00 at 11:49 a.m. […]

Perceptive Capital Solutions Corp. (PCSC), a small healthcare SPAC based in New York, raised $75 million with the pricing of its small stock-only IPO on Tuesday night, June 11, 2024. The SPAC – sponsored by an affiliate of Perceptive Advisors – sold 7.5 million shares at $10.00 each. Perceptive Capital Solutions Corp.’s stock closed at […]