Category Archives: The IPO Buzz

EQV Ventures Acquisition Corp.  (EQVU) raised $350 million– as expected – on Tuesday night, Aug. 6, 2024 – on the heels of the U.S. stock market’s rally following Monday’s brutal sell-off. EQV Ventures Acquisition priced 35.0 million units at $10.00 each – in sync with the terms in its prospectus. Each unit consisted of one Class A […]

A light August IPO Calendar – typical for this time of year – is facing an epic storm in global stock markets today – Monday, Aug. 5, 2024 – after Japan’s Nikkei Stock Average fell 12.4 percent, marking its worst day since 1987. That set the stage for a rough day on Wall Street. At […]

The IPO market is taking a slow summer walk this week. Just two tiny deals are on tap – plus the Fed’s July meeting, which started today – Tuesday, July 30, 2024. That summer break follows the fever dream of last week. IPO bankers raised almost $6 billion during the week of July 22, 2024,  […]

NIP Group (NIPG), the owner of the esports brand Ninjas in Pyjamas, priced its IPO at $9.00 – the low end of its $9.00-to-$11.00 price range – and sold 2.25 million American Depositary Shares to raise $20.25 million on Thursday night, July 25, 2024. Jackson Wang, Hong Kong-born singer and pop star, is among NIP […]

Lineage (LINE), the world’s largest cold food storage REIT, raised $4.4 billion in the biggest IPO of 2024 so far on Wednesday night, July 24, 2024. Lineage priced its REIT IPO at $78.00 – above the $76.00 mid-point and below the $82.00 top of its range. The LINE deal was supersized at pricing to 56.88 […]

KKR-backed OneStream (OS) priced its IPO at $20.00 – $1.00 above the top of its $17.00-to-$19.00 range – and sold 24.5 million shares – the number of shares in the prospectus – to raise $490 million on Tuesday night, July 23, 2024. OneStream’s AI-enabled software platform caters to CFOs and other financial services professionals. OneStream’s […]

Tokyo-based BloomZ (BLMZ) priced its micro-cap IPO at $4.30 – as expected – and sold 1.25 million ordinary shares – the number of shares  in the prospectus – to raise $5.38 million on Tuesday night, July 23, 2024. BloomZ shares are expected to start trading Wednesday, July 24, 2024, on the NASDAQ. Network 1 Financial […]

Primega Group Holdings Limited  (PGHL) of Hong Kong priced its small-cap IPO at $4.00 – the low end of its $4.00-to-$6.00 range – and sold 1.5 million shares to raise $6 million early Monday, July 22, 2024. Primega’s shares started trading at $5.60 – up $1.60 for a 40 percent gain from their $4.00 IPO price […]

Artiva Biotherapeutics (ARTV) added stock and priced its IPO at $12.00 – $2.00 below the bottom of its range – to raise $167.04 million on Thursday night, July 18, 2024. The Phase I autoimmune biotech’s IPO was increased in size at pricing to 13.92 million shares – up from 8.7 million shares in the prospectus […]

Private equity-backed hospital and healthcare chain Ardent Health Partners (ARDT) priced its IPO at $16.00 – $4.00 below the bottom of its range – and cut the deal’s size to 12.0 million shares – down from 14.3 million shares in the prospectus – to raise $192.0 million on Wednesday night, July 17, 2024. The IPO’s […]