The IPO Buzz: Churchill Capital IX Prices First SPAC IPO of May
First SPAC IPO of May: Michael Klein’s SPAC IPO – Churchill Capital Corp. IX/Cayman (CCIXU) was priced Wednesday night, May 1, 2024, to trade today – Thursday, May 2 – on the NASDAQ. Churchill Capital Corp. IX priced its SPAC IPO in sync with the terms in its prospectus: 25.0 million units at $10.00 each to raise $250.0 million. Each unit consists of one Class A ordinary share and one-..
Read more May 2, 2024IPO Calendar
Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
---|---|---|---|---|---|---|
Churchill Capital Corp. IX/Cayman | CCIXU | 25.0 | $ 250.0 mil | 5/2/2024 Priced | S/O | S/O |
Sow Good Inc. | SOWG | 1.2 | $ 12.0 mil | 5/2/2024 Priced | S/O | S/O |
ALE Group Holding Limited | ALEH | 1.3 | $ 6.3 mil | 5/3/2024 Week of | S/O | S/O |
Last 100 IPOs - May 1, 2024
Number of IPOs priced : | 100 |
Number Up: | 32 |
Number Down: | 68 |
Number Unchanged: | 0 |
Percentage Change From Issue Price: | 5.90% |
Percentage Change for The Nasdaq Composite | 13.56% |
2024 IPO Scorecard - May 1, 2024
Number of IPOs priced (Excluding 6 units) : | 60 |
Number Up: | 22 |
Number Down: | 38 |
Number Unchanged: | 0 |
Total Return From Issue Price: | 8.74% |
The Nasdaq Composite Index YTD % Change | 4.31% |