Category Archives: The IPO Buzz

Instacart finally gave the Street what it wanted. The San Francisco-based online grocery app’s parent, Maplebear Inc., filed Instacart’s long-awaited S-1 on Friday (Aug. 25, 2023) for an IPO that some IPO pros say could raise up to $1 billion. Instacart’s IPO filing had been on Wall Street’s watch list for at least the past […]

Marketing data company Klaviyo, Inc. (KVYO proposed) filed to go public today (Friday, Aug. 25, 2023) in an IPO with a placeholder amount of $100 million. Boston-based Klaviyo plans to list its stock on the New York Stock Exchange. Klaviyo’s IPO filing is among a handful of closely watched IPOs that Wall Street sees as […]

At last. SoftBank Group Corp.’s semiconductor subsidiary Arm Holdings Ltd. (ARM proposed) filed its F-1 late Monday afternoon (Aug. 21, 2023) without disclosing terms in what will be 2023’s biggest IPO. The filing ended Wall Street’s watch party of the last few weeks. Arm’s IPO could raise about $8 billion to $10 billion, according to […]

99 Acquisition Group (NNAGU) trimmed its SPAC IPO at pricing to raise $75.0 million on Thursday night (Aug. 17, 2023): 7.5 million units – down from 8.0 million in the prospectus – at $10.00 per unit. The real estate-focused SPAC’s IPO started trading today – Friday, Aug. 18, 2023 – on the NASDAQ. 99 Acquisition […]

Sacks Parente Golf Inc. (SPGC) shares scored a moonshot today. The stock jumped 624.25 percent in its NASDAQ debut today (Tuesday, Aug. 15, 2023). The stock surged in afternoon trading to touch a session high at $24.00 – up $20.00 from its $4.00 IPO price. A moonshot occurs whenever a stock gains 100 percent or more – doubling […]

Theme park souvenir maker SRM Entertainment (SRM) raised $6.25 million on Monday night (Aug. 14, 2023) by pricing its micro-cap IPO at $5.00, as expected. The company priced  1.25 million shares at $5.00 in the IPO. SRM Entertainment’s stock fell $1.00 – or 20 percent – to open at $4.00 at 10:45 a.m. EDT today (Tuesday, […]

LQR House (LQR) priced its micro-cap IPO of 1.0 million shares at $5.00 – the mid-point of its $4.00-to-$6.00 price range – on Wednesday night (Aug. 9, 2023) to raise $5.0 million. The deal’s pricing was in sync with the terms in the prospectus. Shares of LQR House opened flat at $5.00 at 10:45 a.m. […]

NeurAxis Inc. (NRXS), the manufacturer of the IB-Stim pain relief device to help IBS patients ages 11-18, raised $6.59 million by pricing its IPO at $6.00, as expected. The medical device maker announced its IPO pricing today (Wednesday, Aug. 9, 2023) – within an  hour of when its stock was expected to make its trading […]

Fitell Corp. (FTEL), the Australian online fitness equipment retailer, priced its micro-cap IPO at $5.00 – the low end of its $5.00-to-$6.00 range – on 3.0 million shares – the number in the prospectus – to raise $15.0 million on Monday night (Aug. 7, 2023). Fitell’s stock opened flat at $5.00 at 10:45 a.m. EDT […]

Synthetic THC (cannabinoid) drug developer MIRA Pharmaceuticals (MIRA) raised $8.93 million on Wednesday night (Aug. 2, 2023) by pricing its tiny IPO  in sync with the terms in its prospectus: 1.28 million shares (1,275,000 shares) at $7.00. The stock opened flat at $7.00 at 10:45 a.m. EDT today (Thursday, Aug. 3, 2023) in its NASDAQ […]