Author Archives: Jan Paschal

Alumis (ALMS), a psoriasis-focused biotech, downsized its IPO and priced it at $16.00 – the low end of its range – to raise $210.0 million on Thursday night, June 27, 2024. The IPO’s size was trimmed to 13.125 million shares at pricing – down from 17.65 million shares in the prospectus. The IPO price – $16.00 […]

Private equity-backed LandBridge (LB) priced its IPO at $17.00 – $2.00 below the bottom of its $19.00-to-$22.00 range – on Thursday night, June 27, 2024. LandBridge priced 14.5 million shares – the number of shares in the prospectus – at $17.00 each to raise $246.5 million. The stock is expected to start trading today – […]

Manga! WEBTOON Entertainment, Inc. (WBTN) priced its IPO at $21.00 – the high end of its range – and sold 15.0 million shares to raise $315 million on Wednesday night, June 26, 2024. The comics and creative content platform’s stock started trading Thursday, June 27, on the NASDAQ – opening at $21.30 at 12:06 p.m. […]

The late June run for IPOs picked up some steam early today when Alumis Inc. (ALMS Proposed), a Phase II/III clinical biotech, disclosed terms and launched its $300 million IPO. That launch brings to three the number of large traditional IPOs expected to price this week – the last week of June 20204. WEBTOON Entertainment […]

SPAC IPO bankers raised a total of $410 million – as expected – with the pricing of these three deals on Monday night, June 17, 2024.  All three SPAC IPOs were set to make their trading debuts today on the NASDAQ. (Editor’s Note: This column, published early today, Tuesday, June 18, 2024, has been updated […]

WEBTOON Entertainment Inc. (WBTN Proposed), a global storytelling platform for creators and fans of comics and other creative content with its roots in South Korea, unveiled the terms for its $292.5 million IPO early today – Monday, June 17, 2024. The WEBTOON IPO is expected to price next week. (Please see the IPO Calendar on […]

LandBridge Co LLC (LB Proposed), a Houston-based company that buys and manages oil- and natural gas-rich land in the Permian Basin, unveiled the terms for its $297.25 million IPO in an S-1/A filing early  today  – Monday, June 17, 2024.  The IPO is expected to price late next week. (Please see the IPO Calendar on IPOScoop.com […]

Tempus AI (TEM) priced its IPO at $37.00 – the high end of its range – and sold the full 11.1 million shares in the prospectus – to raise $410.7 million on Thursday night, June 13, 2024. The market cap is $6.1 billion. Tempus AI’s stock jumped $3.00 to open at $40.00 at 11:49 a.m. […]

Perceptive Capital Solutions Corp. (PCSC), a small healthcare SPAC based in New York, raised $75 million with the pricing of its small stock-only IPO on Tuesday night, June 11, 2024. The SPAC – sponsored by an affiliate of Perceptive Advisors – sold 7.5 million shares at $10.00 each. Perceptive Capital Solutions Corp.’s stock closed at […]

Centurion Acquisition Corp. (ALFUU) priced its SPAC IPO of 25.0 million units at $10.00 each – the terms in the prospectus – to raise $250.0 million on Monday night, June 10, 2024. Each unit consists of one Class A share of common stock and one-half warrant. Centurion Acquisition’s stock rose in its NASDAQ debut to […]