Author Archives: Jan Paschal

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, […]

Peak Resources L.P. (PRB Proposed), an oil and gas limited partnership viewed as “a retail dividend play,” is set to price its unit IPO tonight – Tuesday, Nov. 12, 2024 – on the day after Veterans Day, the federal holiday honoring the men and women who serve or who have served in the U.S. military. This […]

Two SPACs –  Willow Lane Acquisition (WLACU) and A SPAC III Acquisition (ASPCU) – priced their IPOs and raised a total of $165 million on Thursday night, Nov. 7, 2024. Both SPAC IPOs are expected to start trading today – Friday, Nov. 8, 2024 – on the NASDAQ. Bankers priced each SPAC IPO in sync […]

GSR III Acquisition Corp. (GSRTU) raised $200 million on Wednesday night, Nov. 6, 2024, by pricing its SPAC IPO in sync with the terms in the prospectus:  20.0 million units at $10.00 each. Shares of GSR III Acquisition Corp. slipped 2 cents to open at $9.98 at noon EST today – Thursday, Nov. 7, 2024 […]

Aduro Clean Technologies (ADUR) downsized its small public offering/NASDAQ uplisting to 941,177 shares – down from 1.1 million shares (1,098,901 shares) in the prospectus – and priced the offering at $4.25 – the low end of its $4.25-to-$5.00 price range – to raise $4.0 million – on Wednesday night, Nov. 6, 2024. The company’s stock […]