Spartan Energy Acquisition Corp, a blank check company focused on the energy industry in North America, has debuted its IPO after pricing its 48 million shares at $10 per share. The stock began trading August 10, 2018 on the New York Stock Exchange under the ticker symbol "SPAQ.U." Citigroup Global Markets Inc and Credit Suisse Securities (USA) LLC are the lead underwriters. Spartan Energy Acquisition Corp is backed by Apollo Global Management LLC.
The Blackstone Group and Bain Capital may finally get to exit Michaels Stores after nearly eight years.
SelectQuote, an insurance policy comparison website, has hired Morgan Stanley and Credit Suisse Group AG for an IPO that could put the company at a valuation at more than $2 billion, reported Reuters.
Bain Capital is planning to take ChinData Group public and is asking investment banks to pitch for the role, Bloomberg is reporting. The IPO could take place early next year, the story said.
The AZEK Company, a maker of residential and commercial building products, has filed for an IPO.
La Jolla, California-based StepStone, an alternative asset investor, has hired Goldman Sachs, JPMorgan Chase and Morgan Stanley as leads underwriters for its IPO, reported Reuters.
F54 is backed by actor Mark Wahlberg and FOD Capital.
When a company’s shares pop after an IPO, it’s common to hear griping that it left money on the table and should’ve priced shares higher. But one VC says nothing could be further from the truth.
Lake Forest, California-based InMode Ltd, a provider of medical technologies, has raised $70 million for its IPO after pricing its 5 million shares at $14 per share. The stock began trading August 8, 2019 on the NASDAQ under the ticker symbol "INMD." Barclays Capital Inc. and UBS Investment Bank are the lead underwriters. InMode's pre-IPO backers include Israel Healthcare Ventures.
GoDaddy Inc said Feb. 25 that KKR and Silver Lake are selling about 8.5 million shares in the company in a secondary offering. GoDaddy itself is offloading about 8,000 shares. KKR is selling 3.36 million shares and appears to be cashing out with the sale, an SEC filing said. Silver Lake owns 5.25 million shares and is offering about 5.16 million. Silver Lake, after the secondary, will have 89,000 shares or 0.1 percent, the filing said.