Author Archives: Jan Paschal

Sagtec Global Limited (SAGT) of Malaysia priced its micro-cap IPO at $4.00 – the low end of its $4.00-to-$4.50 price range – and sold all 1.75 million shares – the number in the prospectus – to raise $7.0 million on Thursday night, March 6, 2025. Sagtec Global’s stock opened flat – at $4.00 – today – […]

Micropolis Holding (MCRP), the parent of a United Arab Emirates company that makes autonomous mobile robots, priced its IPO at $4.00 – and sold 3.875 million shares – to raise $15.5 million on Thursday night, March 6, 2025. At pricing, Micropolis Holding downsized its IPO to 3.875 million shares – down from 5.0 million shares […]

Kestra Medical Technologies, Ltd.  (KMTS), the maker of a wearable cardioverter defibrillator, priced its IPO at $17.00 – $1.00 above the top of its range – and upsized the deal at pricing to 11.88 million shares – up from 10.0 million shares in the prospectus – to raise about $202 million on Wednesday night, March 5, […]

Kestra Medical Technologies, Ltd.  (KMTS Proposed) is ready to price its IPO tonight –  Wednesday, March 5, 2025 – putting it on track to become the first big IPO ($100 million-and-up class) to get done in March 2025. The stock is expected to start trading tomorrow – Thursday, March 6 – on the NASDAQ. The prospectus […]

Skycorp Solar Group Limited (PN) of China priced its small-cap IPO at $4.00 – the low end of its $4.00-to-$5.00 price range – and sold 2.0 million shares – the number of shares in the prospectus – to raise $8.0 million on Monday night, March 3, 2025. Skycorp Solar’s IPO goes into the books as […]

CoreWeave, Inc. (CRWV Proposed), an AI cloud platform company, pumped some heat into the frigid IPO waters after the closing bell today by filing for its initial public offering. No terms were disclosed in the S-1 filing, dated March 3, 2025. Bloomberg, however, has reported that CoreWeave could raise as much as $4 billion in […]

To wrap up February, three SPACs priced their IPOs and raised a total of $575 million on Thursday night, Feb. 27, 2025. All three SPACs are expected to start trading today – Friday, Feb. 28 – on the NASDAQ. Each deal was priced in sync with the terms in the prospectus. Here are the pricing […]

Three Chinese companies – Luda Technology Group Ltd. (LUD) and LZ Technology Holdings (LZMH) and Webus International (WETO) – raised a total of $25.2 million by pricing their IPOs on Wednesday night, Feb. 26, 2025. Here are the pricing details: – Luda Technology Group Ltd. (LUD)  priced its IPO at $4.00, as expected, and sold 2.5 million shares to raise $10.0 […]

Rithm Acquisition Corp. (RAC.U) priced its SPAC IPO in sync with the terms in the prospectus – 20.0 million units at $10.00 each – and raised $200.0 million on Wednesday night, Feb. 26, 2025. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Rithm Acquisition’s units started trading today […]

Kestra Medical Technologies (KMTS Proposed), which makes and sells a wearable cardioverter defibrillator, unveiled the terms for its IPO – 10 million shares at a price range of $14.00 to $16.00 – to raise $150.0 million, if priced at the mid-point, in an S-1/A filing early today – Wednesday, Feb. 26, 2025. The Kirkland, Washington-based […]