Category Archives: The IPO Buzz

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 […]

Property and casualty insurer TWFG Inc. (TWFG Proposed) unveiled the terms for its $165 million IPO – expected to price next week – in an SEC filing early today (Tuesday, July 9, 2024). TWFG, which caters to individual and small business clients, is offering 11.0 million Class A shares at a price range of $14.00 […]

Hospital chain Ardent Health Partners (ARDT Proposed) hopes the second time around for its IPO will be just what the doctor ordered. Ardent Health Partners disclosed the terms for its IPO – 14.3 million shares at a price range of $20.00 to $22.00 to raise $300.3 million, if priced at the $21.00 mid-point, according to […]

Office equipment and supply company EShallgo Inc. (EHGO) priced its micro-cap IPO at $4.00 – the low end of its range – and sold 1.25 million shares – the number of shares in the prospectus – to raise $5.0 million on Monday night, July 1, 2024. The price range was $4.00 to $6.00. EShallGo’s stock […]

The IPO traffic will be light this week – in keeping with tradition for the Fourth of July holiday. The U.S. stock market will be closed on Thursday, July 4, 2024, for the federal holiday also known as Independence Day.  Many market participants – Wall Street pros and investors – take the entire week off […]

Alumis (ALMS), a psoriasis-focused biotech, downsized its IPO and priced it at $16.00 – the low end of its range – to raise $210.0 million on Thursday night, June 27, 2024. The IPO’s size was trimmed to 13.125 million shares at pricing – down from 17.65 million shares in the prospectus. The IPO price – $16.00 […]

Private equity-backed LandBridge (LB) priced its IPO at $17.00 – $2.00 below the bottom of its $19.00-to-$22.00 range – on Thursday night, June 27, 2024. LandBridge priced 14.5 million shares – the number of shares in the prospectus – at $17.00 each to raise $246.5 million. The stock is expected to start trading today – […]

Manga! WEBTOON Entertainment, Inc. (WBTN) priced its IPO at $21.00 – the high end of its range – and sold 15.0 million shares to raise $315 million on Wednesday night, June 26, 2024. The comics and creative content platform’s stock started trading Thursday, June 27, on the NASDAQ – opening at $21.30 at 12:06 p.m. […]

The late June run for IPOs picked up some steam early today when Alumis Inc. (ALMS Proposed), a Phase II/III clinical biotech, disclosed terms and launched its $300 million IPO. That launch brings to three the number of large traditional IPOs expected to price this week – the last week of June 20204. WEBTOON Entertainment […]

SPAC IPO bankers raised a total of $410 million – as expected – with the pricing of these three deals on Monday night, June 17, 2024.  All three SPAC IPOs were set to make their trading debuts today on the NASDAQ. (Editor’s Note: This column, published early today, Tuesday, June 18, 2024, has been updated […]