Category Archives: The IPO Buzz

KKR-backed OneStream (OS) priced its IPO at $20.00 – $1.00 above the top of its $17.00-to-$19.00 range – and sold 24.5 million shares – the number of shares in the prospectus – to raise $490 million on Tuesday night, July 23, 2024. OneStream’s AI-enabled software platform caters to CFOs and other financial services professionals. OneStream’s […]

Tokyo-based BloomZ (BLMZ) priced its micro-cap IPO at $4.30 – as expected – and sold 1.25 million ordinary shares – the number of shares  in the prospectus – to raise $5.38 million on Tuesday night, July 23, 2024. BloomZ shares are expected to start trading Wednesday, July 24, 2024, on the NASDAQ. Network 1 Financial […]

Primega Group Holdings Limited  (PGHL) of Hong Kong priced its small-cap IPO at $4.00 – the low end of its $4.00-to-$6.00 range – and sold 1.5 million shares to raise $6 million early Monday, July 22, 2024. Primega’s shares started trading at $5.60 – up $1.60 for a 40 percent gain from their $4.00 IPO price […]

Artiva Biotherapeutics (ARTV) added stock and priced its IPO at $12.00 – $2.00 below the bottom of its range – to raise $167.04 million on Thursday night, July 18, 2024. The Phase I autoimmune biotech’s IPO was increased in size at pricing to 13.92 million shares – up from 8.7 million shares in the prospectus […]

Private equity-backed hospital and healthcare chain Ardent Health Partners (ARDT) priced its IPO at $16.00 – $4.00 below the bottom of its range – and cut the deal’s size to 12.0 million shares – down from 14.3 million shares in the prospectus – to raise $192.0 million on Wednesday night, July 17, 2024. The IPO’s […]

Sweet 17: Property and casualty insurer TWFG Inc. (TWFG) priced its IPO at $17.00 – $1.00 above the top of its range – and sold the full 11.0 million shares in the prospectus – to raise $187.0 million on Wednesday night, July 17, 2024. The IPO raised $22 million more than if it had been priced at the […]

Lineage (LINE Proposed) launched its $3.57 billion IPO early today for pricing next week – in an S-11/A filing dated July 16, 2024. The early Tuesday filing by the frozen warehouse REIT heated up an IPO Calendar that started the week with some sizzle. The terms of Lineage’s IPO might prompt some double-takes: 47.0 million […]

Shortly after sunrise, Artiva Biotherapeutics, Inc. (ARTV Proposed) disclosed the terms for its revived IPO and launched the $130.5 million deal for pricing this week. Artiva Biotherapeutics is offering 8.7 million shares at a price range of $14.00 to $16.00 to raise $130.5 million, if the IPO is priced at the $15.00 mid-point. The market […]

Greek shipping company Icon Energy Corp. (ICON) priced its tiny IPO at $4.00 – the low end of its range. The company sold 1.25 million shares – as expected – at $4.00 each to raise $5 million on Thursday night, July 11, 2024. The price range was $4.00 to $6.00. ICON Energy’s stock slipped at the opening […]

Healthcare-focused SIM Acquisition Corp. I (SIMAU) raised $200 million – as expected – by pricing its SPAC IPO on Tuesday night, July 9, 2024. At pricing, SIM Acquisition I became the second SPAC IPO priced so far in July. The SIM I  deal was the 18th SPAC IPO priced in 2024 so far. SIM Acquisition […]