Product testing and safety standards company UL Solutions Inc. (ULS proposed) filed to go public early today – Monday, Nov. 13, 2023 – without disclosing the terms for its IPO. Some on the Street estimate the IPO’s proceeds at $1 billion. The “UL” in the company’s name stands for Underwriters Laboratories, which began testing electrical […]
November 13, 2023 Read MoreHamilton Insurance Group (HG) priced its IPO at $15.00 – $1.00 below the low end of its $16.00-to-$18.00 price range – on Thursday night (Nov. 9, 2023). The profitable Bermuda specialty insurance and reinsurance company priced 15.0 million shares – the number of shares in the prospectus – at $15.00 to raise $225.0 million. The IPO raised $30 […]
November 9, 2023 Read MoreCancer biotech CARGO Therapeutics (CRGX) priced its IPO at $15.00 – the low end of the $15.00-to-$17.00 price range – on Thursday night, Nov. 9, 2023. The cancer cell therapy company priced 18.75 million shares – the number of shares in the prospectus – at $15.00 to raise $281.25 million. That’s $18.75 million less than […]
Read MoreSPACs grabbed the early November spotlight. Two SPAC IPOs raised a combined $361.5 million on Wednesday night (Nov. 8, 2023): AI Transportation Acquisition Corp. (AITRU) upsized its SPAC IPO at pricing to 6.15 million units – up from 5.0 million units in the prospectus – and priced the deal at $10.00, as expected, to raise […]
Read MorePhase 2 cancer clinical biotech CARGO Therapeutics (CRGX proposed) launched its $300 million IPO early today (Monday, Nov. 6, 2023) by disclosing terms: 18.75 million shares at $15.00 to $17.00. The IPO is expected to price Thursday night, Nov. 9, 2023, to trade Friday, Nov. 10, on the NASDAQ. If CARGO Therapeutics prices its IPO […]
November 6, 2023 Read MoreGene therapy startup Lexeo Therapeutics (LXEO) priced its IPO at $11.00 – $2.00 below the low end of its $13.00-to-$15.00 range – on Thursday night, Nov. 2, 2023. Lexeo Therapeutics slightly increased the number of shares to 9.09 million – up from 9.0 million in the prospectus – to raise $100.0 million. The deal raised […]
November 2, 2023 Read MoreBermuda-based Hamilton Insurance Group, Ltd. (HG proposed) launched its $255 million IPO early today (Wednesday, Nov. 1, 2023) by disclosing terms: 15.0 million Class B common shares at $16.00 to $18.00. (Source: S-1/A filing dated Nov. 1, 2023) The IPO is scheduled for pricing next week – on Thursday night, Nov. 9, to trade Friday, […]
November 1, 2023 Read MoreAlpha Technology Group Ltd. (ATGL) opened flat at $4.00 – its IPO price – at 10:45 a.m. EDT today and quickly rose to $4.54 in its NASDAQ debut on Halloween (Tuesday, Oct. 31, 2023). Before noon EDT, Alpha Technology Group’s stock popped above $5.00. At around 12:34 p.m. EDT, the stock hit $6.54 – its session […]
October 31, 2023 Read MoreBiotech Lexeo Therapeutics (LXEO proposed) launched its $126 million IPO today -Monday, Oct. 30, 2023 – for pricing this week. Lexeo Therapeutics disclosed its IPO terms – 9.0 million shares at $13.00 to $15.00 – in an S-1/A filing early today. The news injected some life – and the only $100-million-plus IPO – into the […]
October 30, 2023 Read MoreMach Natural Resources LP (MNR), an Oklahoma City-based oil and natural gas partnership, priced its IPO at $19.00 – the low end of its $19.00-to-$21.00 range – on Tuesday night (Oct. 24, 2023). The profitable oil and gas drilling company priced 10 million units – the same number in the prospectus – at $19.00 to raise […]
October 24, 2023 Read More