Author Archives: Jan Paschal

First IPO priced in June: Fly-E Group (FLYE) trimmed its small-cap IPO to 2.25 million shares – down from 3.0 million shares in the prospectus – and priced the deal at $4.00  – the low end of its $4.00-to-$5.00 price range – to raise $9.0 million on Wednesday night, June 5, 2024. Fly-E Group’s stock […]

Waystar (WAY Proposed), a U.S. provider of healthcare payments software, and Novelis (NVL Proposed), an aluminum producer incorporated in Canada, are jump-starting the June IPO market.  Together, they aim to raise a combined $1.85 billion with their IPOs this week. Two smaller IPOs round out this week’s IPO Calendar: Fly-E Group Ltd. (FLYE Proposed), a […]

Gauzy Ltd. (GAUZ Proposed), a light and vision control company based in Israel, disclosed the terms for its $75.0 million IPO in an F-1/A filing today – Wednesday, May 29,  2024. The unprofitable company is offering 4.17 million shares at a price range of $17.00 to $19.00 to raise $75.0 million, if priced at the […]

Novelis Inc. (NVL Proposed), the world’s largest recycler of aluminum, disclosed the terms for its $877.5 million IPO early today (Tuesday, May 28, 2024): 45.0 million shares at a price range of $18.00 to $21.00 a share. If priced at the $19.50 mid-point of its range, Novelis’ IPO would raise $877.5 million. All stock in […]

Waystar Holding Corp. (WAY Proposed), the healthcare payments software company, unveiled the terms for its IPO early today (Tuesday, May 28, 2024): 45.0 million shares at a price range of $20.00 to $23.00 to raise $967.5 million, if priced at the $21.50 mid-point of its range. Those terms would give Waystar a market cap – […]

IPOScoop is taking a short break for Memorial Day, the federal holiday honoring the men and women in the U.S. military who have died in service to their country. The U.S. stock market will be closed Monday, May 27, 2024, for Memorial Day. Wall Street will return to work on Tuesday, May 28. Only one […]

Bowhead Specialty Holdings (BOW) upsized its IPO at pricing to 7.53 million shares – up from 6.67 million shares in the prospectus – and priced the IPO at $17.00 – $1.00 above the top of its $14.00-to-$16.00 range – to raise $128.0 million on Wednesday night, May 22, 2024. Bowhead’s stock surged 35.3 percent to open at […]

Just one large deal is in the IPO waters this week. Bowhead Specialty Holdings (BOW Proposed) is set to price its $100 million IPO on Wednesday night, May 22, 2024. The profitable specialty property and casualty insurance company is offering only 6.67 million shares at a price range of $14.00 to $16.00 to raise $100.0 million […]

Bowhead Specialty Holdings Inc. (BOW Proposed), a New York-based specialty property and casualty insurance company, disclosed terms for its $100 million IPO and launched the deal early today – Monday, May 13, 2024 – for pricing next week. The profitable P&C insurance company is offering 6.67 million shares at a price range of $14.00 to […]

Twenty-one million ADS at $21 each: China’s battery-powered EV maker ZEEKR Intelligent Technology Holding Limited  (ZK) announced early today – Friday, May 10, 2024 – that it priced its IPO – upsized at pricing to 21.0 million American Depositary Shares (ADS) – at $21.00 each – the high end of its $18.00-to-$21.00 range – to raise $441.0 […]