Initial public offering

Traeger Announces Pricing of Initial Public Offering

Thursday, July 29, 2021 - 4:57am

Traeger, Inc. (Traeger) announced today the pricing of its initial public offering of 23,529,411 shares of its common stock at a price to the public of $18.00 per share.

Key Points: 
  • Traeger, Inc. (Traeger) announced today the pricing of its initial public offering of 23,529,411 shares of its common stock at a price to the public of $18.00 per share.
  • The initial public offering is expected to close on August 2, 2021, subject to customary closing conditions.
  • Morgan Stanley, Jefferies, Baird, and William Blair are acting as joint lead book-running managers for the initial public offering.
  • A registration statement relating to the securities being sold in the initial public offering was declared effective by the U.S. Securities and Exchange Commission on July 28, 2021.

Icosavax Announces Pricing of Upsized Initial Public Offering

Thursday, July 29, 2021 - 3:13am

Icosavax, Inc. (Nasdaq: ICVX), a biopharmaceutical company leveraging its innovative virus-like particle (VLP) platform technology to develop vaccines against infectious diseases, with an initial focus on life-threatening respiratory diseases, today announced the pricing of its upsized initial public offering of 12,133,333 shares of common stock at an initial public offering price of $15.00 per share.

Key Points: 
  • Icosavax, Inc. (Nasdaq: ICVX), a biopharmaceutical company leveraging its innovative virus-like particle (VLP) platform technology to develop vaccines against infectious diseases, with an initial focus on life-threatening respiratory diseases, today announced the pricing of its upsized initial public offering of 12,133,333 shares of common stock at an initial public offering price of $15.00 per share.
  • The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Icosavax, are expected to be approximately $182.0 million.
  • In addition, Icosavax has granted the underwriters a 30-day option to purchase up to an additional 1,819,999 shares of common stock at the initial public offering price, less underwriting discounts and commissions.
  • Icosavax is a biopharmaceutical company leveraging its innovative VLP platform technology to develop vaccines against infectious diseases, with an initial focus on life-threatening respiratory diseases.

Rallybio Corporation Announces Pricing of Initial Public Offering

Thursday, July 29, 2021 - 2:10am

Rallybio Corporation (Rallybio), a clinical-stage biotechnology company committed to identifying and accelerating the development of life-transforming therapies for patients with severe and rare diseases, today announced the pricing of its initial public offering of 6,200,000 shares of common stock at a public offering price of $13.00 per share.

Key Points: 
  • Rallybio Corporation (Rallybio), a clinical-stage biotechnology company committed to identifying and accelerating the development of life-transforming therapies for patients with severe and rare diseases, today announced the pricing of its initial public offering of 6,200,000 shares of common stock at a public offering price of $13.00 per share.
  • The gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Rallybio, are expected to be approximately $80.6 million.
  • The offering is expected to close on August 2, 2021, subject to the satisfaction of customary closing conditions.
  • In addition, Rallybio has granted the underwriters a 30-day option to purchase up to an additional 930,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions.

Robinhood Markets, Inc. Announces Pricing of Initial Public Offering

Thursday, July 29, 2021 - 1:30am

MENLO PARK, Calif., July 28, 2021 (GLOBE NEWSWIRE) -- Robinhood Markets Inc. today announced the pricing of its initial public offering of 55,000,000 shares of its Class A common stock at a price to the public of $38.00 per share.

Key Points: 
  • MENLO PARK, Calif., July 28, 2021 (GLOBE NEWSWIRE) -- Robinhood Markets Inc. today announced the pricing of its initial public offering of 55,000,000 shares of its Class A common stock at a price to the public of $38.00 per share.
  • In the offering, 52,375,000 shares are being offered by Robinhood and 2,625,000 shares are being offered by existing stockholders.
  • The underwriters will have a 30-day option to buy an additional 5,500,000 shares from Robinhood at the initial public offering price, less underwriting discounts and commissions.
  • The net proceeds to Robinhood from the sale of Class A common stock in this offering will be approximately $1.89 billion.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against RLX, DraftKings, Stable Road, and Oatly and Encourages Investors to Contact the Firm

Thursday, July 29, 2021 - 1:00am

By the commencement of this action, RLX Technologys ADSs traded more than 32% below the IPO offering price.

Key Points: 
  • By the commencement of this action, RLX Technologys ADSs traded more than 32% below the IPO offering price.
  • For more information on the Stable Road class action go to: https://bespc.com/cases/SRAC
    Oatly is the worlds original and largest oatmilk company.
  • The action alleges that Oatly and the other defendants made materially false and/or misleading statement to investors during the Class Period.
  • For more information on the Oatly class action go to: https://bespc.com/cases/OTLY
    About Bragar Eagel & Squire, P.C.

Riskified Ltd. Announces Pricing of Initial Public Offering

Thursday, July 29, 2021 - 12:57am

Riskified Ltd. (Riskified), a fraud management platform enabling frictionless eCommerce, today announced the pricing of its initial public offering of 17,500,000 Class A ordinary shares at a public offering price of $21.00 per Class A ordinary share.

Key Points: 
  • Riskified Ltd. (Riskified), a fraud management platform enabling frictionless eCommerce, today announced the pricing of its initial public offering of 17,500,000 Class A ordinary shares at a public offering price of $21.00 per Class A ordinary share.
  • The offering consists of 17,300,000 Class A ordinary shares offered by Riskified and 200,000 Class A ordinary shares to be sold by one of Riskifieds existing shareholders.
  • Riskified will not receive any proceeds from the sale of the shares by the selling shareholder.
  • The underwriters will have a 30-day option to purchase up to an additional 2,625,000 Class A ordinary shares from Riskified at the initial public offering price, less underwriting discounts and commissions.

Infrastructure and Energy Alternatives, Inc. Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants

Wednesday, July 28, 2021 - 9:31pm

INDIANAPOLIS, July 28, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (IEA or the Company), today announced that it intends to offer and sell shares of common stock and, to certain investors in lieu thereof, pre-funded warrants to purchase shares of common stock, in an underwritten public offering.

Key Points: 
  • INDIANAPOLIS, July 28, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (IEA or the Company), today announced that it intends to offer and sell shares of common stock and, to certain investors in lieu thereof, pre-funded warrants to purchase shares of common stock, in an underwritten public offering.
  • Guggenheim Securities, LLC is acting as book-running manager and representative of the underwriters for the offering.
  • BMO Capital Markets Corp., CIBC World Markets Corp. and Fifth Third Securities, Inc. are acting as joint book-runners for the offering.
  • Infrastructure and Energy Alternatives, Inc. is a leading infrastructure construction company with renewable energy and specialty civil expertise.

Colfax Announces Secondary Offering of 6,544,522 Shares of Common Stock

Wednesday, July 28, 2021 - 9:31pm

WILMINGTON, DE, July 28, 2021 (GLOBE NEWSWIRE) -- Colfax Corporation (“Colfax” or the “Company”) (NYSE: CFX), a leading diversified technology company, announced today that certain of its stockholders (the “Selling Stockholders”) have commenced an underwritten secondary offering of 6,544,522 shares of the Company’s common stock.

Key Points: 
  • WILMINGTON, DE, July 28, 2021 (GLOBE NEWSWIRE) -- Colfax Corporation (Colfax or the Company) (NYSE: CFX), a leading diversified technology company, announced today that certain of its stockholders (the Selling Stockholders) have commenced an underwritten secondary offering of 6,544,522 shares of the Companys common stock.
  • The Company is not selling any shares of common stock in the offering and will not receive any proceeds from the offering.
  • Morgan Stanley is acting as sole book-running manager for the offering.
  • The proposed offering will be made only by means of a preliminary prospectus supplement and the accompanying base prospectus.

MiNK Therapeutics Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering

Wednesday, July 28, 2021 - 1:30pm

NEW YORK, July 28, 2021 (GLOBE NEWSWIRE) -- MiNK Therapeutics today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of its common stock.

Key Points: 
  • NEW YORK, July 28, 2021 (GLOBE NEWSWIRE) -- MiNK Therapeutics today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of its common stock.
  • The number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • The initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions.
  • Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act.

Metals Acquisition Corp. Announces Pricing of $250 Million Initial Public Offering

Wednesday, July 28, 2021 - 10:21pm

Metals Acquisition Corp. (the Company) today announced the pricing of its initial public offering of 25,000,000 units at a price of $10.00 per unit.

Key Points: 
  • Metals Acquisition Corp. (the Company) today announced the pricing of its initial public offering of 25,000,000 units at a price of $10.00 per unit.
  • Each unit consists of one share of the Companys Class A ordinary share and one-third of one redeemable warrant.
  • The Company has granted the underwriters a 45-day option to purchase up to 3,750,000 additional units at the initial public offering price to cover over-allotments, if any.
  • This press release contains statements that constitute forward-looking statements, including with respect to the proposed initial public offering and the Companys plans with respect to the target industry for a potential business combination.