Author Archives: Jan Paschal

FrontView REIT (FVR) followed the script in its IPO prospectus. FrontView REIT, based in Dallas, priced its IPO at $19.00 – the mid-point of its $17.00-to-$21.00 range – on 13.2 million shares – to raise $250.8 million on Tuesday night, Oct. 1, 2024. Shares of FrontView REIT opened today – Wednesday, Oct. 2, 2024 – […]

StandardAero (SARO) priced its IPO at $24.00 – $1.00 above the top of its $20.00-to-$23.00 range – and sold 60 million shares – the number in the prospectus – to raise $1.44 billion on Tuesday night, Oct. 1, 2024. The above-range pricing gave StandardAero a market cap of about $8.03 billion. StandardAero’s stock is expected to start […]

AI company Cerebras Systems (CBRS Proposed) filed plans to go public without disclosing the IPO’s terms in an S-1 filing (dated Sept. 30, 2024) after the U.S. stock market’s closing bell. The IPO could raise as much as $1 billion, according to Bloomberg. The Silicon Valley company aims to list its stock on the NASDAQ. […]

KinderCare Learning Companies, Inc. (KLC Proposed) unveiled the terms for its revived IPO – 24.0 million shares at a price range of $23.00 to $27.00 to raise $600 million – in an S-1/A filing early today – Monday, Sept. 30, 2024. The company would have a market cap of about $2.86 billion, if priced at […]

StandardAero (SARO Proposed) increased its IPO’s size by 29 percent early today to raise $1.29 billion – up from $1 billion originally. In an S-1/A filing dated today – Friday, Sept. 27, 2024 – StandardAero upsized its IPO to 60 million shares – up from 46.5 million initially – and kept the price range at […]

Upsized twice today: BioAge Labs (BIOA) increased its IPO’s size at pricing – to 11.0 million shares – up from 10.5 million – and priced its IPO at $18.00 – the mid-point of its range – to raise $198 million on Wednesday night, Sept. 25, 2024. The pricing news marked the second time today that […]

BKV Corp. (BKV), a natural gas fracking company, priced its IPO at $18.00 – $1.00 below the bottom of its price range – and sold 15 million shares – to raise $270 million after the closing bell on Wednesday, Sept. 25, 2024. The proceeds were $30 million less than if the IPO had been priced at […]

BioAge Labs (BIOA Proposed), a Phase II biotech developing an anti-obesity drug, upsized its IPO early today by increasing the number of shares to 10.5 million – up from 7.5 million originally – according to an S-1/A filing dated Sept. 25, 2024. That’s a 40 percent increase. BioAge Labs now expects to raise $189 million – […]

Just as the sun rose over Wall Street today, StandardAero (SARO Proposed) unveiled the terms for its $1 billion IPO. StandardAero is offering 46.5 million shares at a price range of $20.00 to $23.00 to raise $999.75 million – essentially $1 billion – in its initial public offering, according to its S-1/A filing, dated Sept. […]

Global Engine Group Holding Ltd.  (GLE) trimmed its small IPO to 2.0 million shares – down from 2.5 million shares – and priced the IPO at $4.00 – the low end of its $4.00-to-$5.00 range – to raise $8.0 million on Thursday night, Sept. 19, 2024. Global Engine Group’s stock opened at $5.15 – up $1.15 – at 12:25 […]