Author Archives: Jan Paschal

UpStream Bio (UPB Proposed) unveiled the terms and launched its $200 million IPO early today – Monday, Oct. 7, 2024. The Phase II biotech, whose leading drug candidate is targeting severe asthma, chronic rhinosinusitis with nasal polyps, and COPD, is offering 12.5 million shares at a price range of $15.00 to $17.00 to raise $200 […]

BingEx Ltd  (FLX) priced its IPO at $16.50 – just above the mid-point of its $15.00-to-$17.00 price range – and sold 4.0 million American Depositary Shares (ADS) – the number in the prospectus – to raise $66.0 million on Thursday night, Oct. 3, 2024. The ADS opened flat – at $16.50 – on NASDAQ at 10:57 […]

Chain Bridge Bancorp (CBNA), a banking company that caters to the Republican Party’s PACs and campaign fundraising entities, priced its IPO at $22.00 – $2.00 below the bottom of its $24.00-to-$26.00 price range – on Thursday night, Oct. 3, 2024. The McLean, Virginia-based bank holding company sold 1.85 million shares – the number of shares […]

StandardAero (SARO) took off in its NYSE debut today. Shares of StandardAero shot up to open  at $31.00 –  up $7.00 for a 29.2 percent gain from their IPO price of $24.00 – when they started trading at midday on Wednesday, Oct. 2, 2024, on the New York Stock Exchange. That strong opening gave StandardAero a market […]

Hong Kong-based software services company Wellchange Holdings Company Limited (WCT) priced its small IPO at $4.00 – the low end of its $4.00-to-$5.00 range – and sold 2.0 million shares – the number in the prospectus – to raise $8.0 million on Tuesday night, Oct. 1, 2024. At pricing, Wellchange Holdings had a market cap […]

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 […]