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.

Software Acquisition Group Inc. III Announces Pricing of $200,000,000 Initial Public Offering

Wednesday, July 28, 2021 - 10:56pm

LAS VEGAS, July 28, 2021 (GLOBE NEWSWIRE) -- Software Acquisition Group Inc. III (the Company) announced today that it priced its initial public offering of 20,000,000 units, at $10.00 per unit.

Key Points: 
  • LAS VEGAS, July 28, 2021 (GLOBE NEWSWIRE) -- Software Acquisition Group Inc. III (the Company) announced today that it priced its initial public offering of 20,000,000 units, at $10.00 per unit.
  • No fractional warrants will be issued upon separation of the units and only whole warrants will trade.
  • The Company has granted Jefferies LLC a 45-day option to purchase up to an additional 3,000,000 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 initial public offering and the anticipated use of the net proceeds.

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.

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.

PowerSchool Announces Pricing of Initial Public Offering

Wednesday, July 28, 2021 - 6:53am

PowerSchool Holdings, Inc., (NYSE:PWSC) (PowerSchool), the leading provider of cloud-based software for K-12 education in North America, today announced the pricing of its underwritten initial public offering of 39,473,685 shares of Class A common stock at a price to the public of $18.00 per share.

Key Points: 
  • PowerSchool Holdings, Inc., (NYSE:PWSC) (PowerSchool), the leading provider of cloud-based software for K-12 education in North America, today announced the pricing of its underwritten initial public offering of 39,473,685 shares of Class A common stock at a price to the public of $18.00 per share.
  • In connection with this offering, PowerSchool has granted the underwriters a 30-day option to purchase up to an additional 5,921,052 shares at the initial public offering price, less the underwriting discount.
  • The offering is expected to close on July 30, 2021, subject to the satisfaction of customary closing conditions.
  • In connection with this offering, PowerSchool will be making a $1 million donation to philanthropic initiatives to benefit K-12 educators.

Snap One Holdings Corp. Announces Pricing of its Initial Public Offering

Tuesday, July 27, 2021 - 11:19pm

CHARLOTTE, N.C., July 27, 2021 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (Snap One), a provider of smart living products, services and software to professional integrators, today announced the pricing of its initial public offering of 13,850,000 shares of its common stock at $18.00 per share.

Key Points: 
  • CHARLOTTE, N.C., July 27, 2021 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (Snap One), a provider of smart living products, services and software to professional integrators, today announced the pricing of its initial public offering of 13,850,000 shares of its common stock at $18.00 per share.
  • Snap One and selling shareholders have granted the underwriters a 30-day option to purchase a total of up to an additional 2,077,500 shares of common stock at the initial public offering price less the underwriting discounts and commissions.
  • Snap One powers smart living by providing a suite of products, services and software to professional do-it-for-me (DIFM) integrators.
  • Certain statements contained in this press release constitute forward-looking statements, including with respect to the closing of the initial public offering and use of proceeds thereof.