By Renaissance Capital, Heroic Empire Acquisition, a blank check company targeting the biotechnology or TMT industries, filed on Friday with the SEC to raise up to $75 million in an initial public offering. The company plans to raise $75 million by offering 7.5 million units at a price of $10. Each unit consists of one[…]
By Val Kennedy, China’s Ostin Technology (OST) has filed to raise approximately $13.6M through an initial public offering in the US. The company plans to offer 3.4M shares at $4 per share, which is expected to generate net proceeds of $11.2M, according to a filing. Ostin is incorporate in the Cayman Islands. It conducts most of its[…]
By Seeking Alpha, FG Merger (FGMCU) has announced the pricing of its IPO of 7M units at an offering price of $10/unit, with each unit consisting of one share of common stock and three-quarters of one redeemable warrant. Each whole warrant will entitle the holder thereof to purchase one share of common stock at $11.50/share. The[…]
By Seeking Alpha, Chinese fast-fashion retailer Shein is reportedly shelving plans for a proposed initial public offering due to market volatility exacerbated by Russia’s attack on Ukraine. Shein had been eyeing a US listing, with company founder Chris Xu mulling becoming a Singapore citizen to help navigate new rules that make it more difficult for Chinese[…]
By Renaissance Capital, Clean Earth Acquisitions, a blank check company targeting the clean and renewable energy industry, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock, one right to receive one-tenth of a share upon the completion of an initial business combination, and one-half of a[…]
By Renaissance Capital, Beamr Imaging, an Israeli provider of video encoding and image optimization software, filed on Tuesday with the SEC to raise up to $35 million in an initial public offering. Beamr states that it provides video encoding, transcoding, and optimization solutions that enable high quality, performance, and unmatched bitrate efficiency for video and[…]
By CNBC, Volkswagen and its top shareholder have drawn up a preliminary agreement to list Porsche, paving the way for a deal that investors hope will unlock value from the luxury car brand and could be one of the world’s largest stock market debuts. Analysts estimate Porsche AG could be valued at up to $102 billion[…]
By Renaissance Capital, Wearable Devices, which is developing non-invasive neural input technology for consumer electronics, filed on Friday with the SEC to raise up to $18 million in an initial public offering. The Yokne’am Illit, Israel-based company plans to raise $18 million by offering 3.6 million shares at a price range of $4 to $6.[…]
By William White , KinderCare is set to launch its initial public offering (IPO) this week and that might even see shares start trading today. Source: Shutterstock Before that, let’s take a look at everything traders need to know about the KinderCare IPO. The company intends to list its shares of the New York Stock Exchange under the[…]
By Renaissance Capital, The Gladstone Companies, an independent alternative asset management firm, filed on Friday with the SEC to raise up to $50 million in an initial public offering. Gladstone is an independent US alternative asset manager with approximately $4.0 billion in AUM as of December 31, 2021. Its alternative asset management businesses include the management[…]