Author Archives: Jan Paschal

Brazil Potash (GRO) trimmed its IPO at pricing to 2.0 million shares and priced the deal at $15.00 – the low end – to raise $30.0 million on Tuesday night, Nov. 26, 2024. At pricing, the mining company cut the IPO’s size by 400,000 shares – or 16.7 percent – and sold the deal at $15.00, the […]

Brazil Potash (GRO Proposed) slashed its IPO’s size by 43.5 percent to raise $39.6 million – down from $70.13 million initially – and changed its listing venue to the NYSE – American Exchange from the New York Stock Exchange – according to an F-1/A filing today – Monday, Nov. 25, 2024.  Brazil Potash is a […]

Pony AI (PONY Proposed) may cruise out on the IPO highway during this short week – just ahead of the Thanksgiving holiday. (The U.S. stock market will be closed on Thursday, Nov. 28, 2024, for Thanksgiving.) Pony AI’s tentative IPO pricing date was delayed until this week – after the Chinese self-driving car technology company dramatically upsized […]

Ming Shing Group Holdings (MSW), a plastering and wet trades works services provider in Hong Kong, priced its micro-cap IPO at $5.50 – the low end of its range – on Thursday night, Nov. 21, 2024. Ming Shing Group priced 1.5 million shares – the number of shares in the prospectus – at $5.50 per […]

Two SPACs – CO2 Energy Transition Corp. (NOEMU) and Dynamix Corp. (DYNXU) – raised a total of $210 million with the pricing of their IPOs on Wednesday night, Nov. 20, 2024. Both SPAC IPOs are expected to start trading today – Thursday, Nov. 21, 2024 – on the NASDAQ. Here are the pricing details: – […]

Pony AI (PONY Proposed) bolted onto the IPO runway early today by upsizing its IPO by a third – or 33.3 percent – to raise $240 million – up from $180 million under the original terms – assuming IPO pricing at $12.00, the mid-point of its price range, according to an F-1/A filing dated Wednesday, Nov. […]

ServiceTitan (TTAN Proposed), a cloud-based software platform that helps plumbers, electricians, landscapers and other tradespeople manage their workflows, payment processing and more, filed to go public today – Monday, Nov. 18, 2024. No terms were disclosed; the estimated proceeds are $100 million, a placeholder figure. Some Wall Street pros, however, think this IPO could raise […]

Pony AI (PONY Proposed), a Chinese self-driving technology company, trotted out the terms for its IPO – 15.0 million American Depositary Shares (ADS) – at a price range of $11.00 to $13.00 – to raise $180.0 million, if priced at the $12.00 mid-point of its range, according to an F-1/A filing dated Nov. 14, 2024. […]

Peak Resources L.P. (PRB Proposed), an oil and gas limited partnership, postponed its IPO today – Wednesday, Nov. 13, 2024 – and cited market conditions as the reason, according to  the word on the Street. Peak Resources had rescheduled its IPO pricing date a few times after disclosing the deal’s terms in mid-October. In the prospectus, […]

Invizyne Technologies (IZTC), a pre-revenue development-stage company, raised $15 million with the pricing of its IPO on Tuesday night, Nov. 12, 2024. The company priced 1.875 million shares at $8.00 – the terms in the prospectus. Invizyne Technologies’ stock jumped to $11.10 – its opening trade at 12:15 p.m. EST today – Wednesday, Nov. 13, […]