Late Stage Mature Pre IPO Unicorns - PreIPOSwap.com

My 2 Year Experiment With Varo Online Bank

A Brief History of Varo Varo Bank, NA. – Founded in 2020 as America’s first all-digital bank, Varo relaunched itself after a lackluster 1st year start during Covid (2020) with a groundbreaking new 2021 campaign – “A bank for all of us”- as part of its first multi-million dollar, integrated brand launch across TV, radio & internet[…]

A.I. but for good

A.I. but for good There’s a term used by the commodities industry to describe the amount of product lost due to various unforeseen circumstances such as theft and damage. It’s called: breakage. Whatever goes missing before it can be sold falls into this category. In the food services industry however, it isn’t so easy to[…]

Elasticity of Private Markets

PreIPOSwap.com – New York 6/8/2022 — Startups are going public much later, in fact there are more than 1,000 companies with a valuation of $1 Billion or more, according to research firm CB Insights[i].  Public markets have seen arguably one of the worst sell off’s in market history, depending on how you look at it. […]

HilleVax prices IPO at $17 per share, debuts today

By Niloofer Shaikh,   HilleVax (HLVX) has priced its upsized initial public offering of 11.765M shares of common stock at $17.00 per share, for gross proceeds of approximately $200M. The offering was upsized from $10.3M shares to 11.765M shares and priced within the estimated range of $16 and $18 per share. The shares are expected to begin trading on[…]

Norovirus vaccine developer HilleVax stock climbs 10% following upsized $200M IPO

By Val kennedy,     Norovirus vaccine developer HilleVax (HLVX) shares rose 10% following its upsized $200M initial public offering. Shares of HLVX opened at $18.76 after pricing at $17 per share. The stock recently changed hands at $18.70, up 10%, at approximately 12:00 p.m. ET. HLVX offered approximately 11.8M shares priced at $17 per share, raising[…]

Hong Kong-based Magic Empire Global Limited files and sets terms for a $23 million US IPO

By Renaissance Capital, Magic Empire Global Limited, a Hong Kong-based provider of financial advisory and underwriting services, filed on Friday with the SEC to raise up to $23 million in an initial public offering. The company plans to raise $23 million by offering 5 million shares at a price range of $4 to $5. At[…]

Biotech SPAC Bellevue Life Sciences Acquisition files for a $60 million IPO

By Renaissance Capital, Bellevue Life Sciences Acquisition, a blank check company backed by Bellevue Capital Management targeting the biotech sector, filed on Friday with the SEC to raise up to $60 million in an initial public offering. The Bellevue, WA-based company plans to raise $60 million by offering 6 million units at $10. Each unit[…]

US IPO Week Ahead: Bausch + Lomb plans the second largest IPO of 2022

By Renaissance Capital, In what would be the second largest IPO of the year, eyecare company Bausch + Lomb (BLCO) is scheduled to debut in the week ahead. Some small issuers and SPACs may also price during the week. Planning to dual list on the NYSE and the TSX, Bausch Health spin-off Bausch + Lomb (BLCO) is expected to[…]

All eyes on me: Leading eyecare company Bausch + Lomb sets terms for $788 million dual listing in the US and Canada

By Renaissance Capital, Bausch + Lomb, a leading supplier of contact lenses and eyecare products, announced terms for its IPO on Thursday. The company plans to dual list on the Toronto Stock Exchange. The Vaughan, Canada-based company plans to raise $788 million by offering 35 million shares (100% secondary) at a price range of $21 to[…]

ClimateRock prices $75M IPO, trading starts today

By Khyathi Dalal,  ClimateRock (CLRC) priced its 7.5M units IPO at an offer price of $10/unit; each unit consists of one Class A ordinary share, one-half of one redeemable warrant and one right to receive one-tenth of one Class A ordinary share. Each whole warrant holder entitles to purchase one Class A ordinary share, and each ten rights[…]