The IPO Buzz: SPAC IPO Range Capital Acquisition (RANGU) Raises $100 Million
Range Capital Acquisition (RANGU) raised $100 million - as expected - by pricing its SPAC IPO of 10.0 million units at $10.00 each - on Thursday night, Dec. 19, 2024. At pricing, Range Capital Acquisition had a market cap of $225.0 million. Each unit consists of one share of stock and one right to receive one-tenth (1/10th) of a share of stock upon the consummation of its initial business combi..
Read more December 20, 2024IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Health in Tech | HIT | 2.3 | $ 9.2 mil | 12/23/2024 Priced | S/O | S/O |
| Translational Development Acquisition Corp. | TDACU | 15.0 | $ 150.0 mil | 12/23/2024 Monday | S/O | S/O |
| Zhengye Biotechnology Holding Limited | ZYBT | 1.5 | $ 6.8 mil | 12/23/2024 Week of | S/O | S/O |
Last 100 IPOs - December 22, 2024
| Number of IPOs priced : | 100 |
| Number Up: | 46 |
| Number Down: | 48 |
| Number Unchanged: | 6 |
| Percentage Change From Issue Price: | 9.56% |
| Percentage Change for The Nasdaq Composite | 8.45% |
2024 IPO Scorecard - December 22, 2024
| Number of IPOs priced (Excluding 56 units) : | 178 |
| Number Up: | 71 |
| Number Down: | 100 |
| Number Unchanged: | 7 |
| Total Return From Issue Price: | 8.21% |
| The Nasdaq Composite Index YTD % Change | 35.22% |