SFTBY - IPO round up: Arm Holdings Instacart Klaviyo and more
2023-08-28 09:45:28 ET
prominent chip designer ARM grocery delivery company Instacart CART Klaviyo KVYO NYSEARCA: IPO 28% 15.2%Coming IPOs that are expected to price this week
Adlai Nortye ( NASDAQ: ANL ) is raising $72M by offering 9M shares (3M ADS) that are expected to price between $22-$26 per ADS. Description: Cancer drug developer.
Maison Solutions ( MSS ) is raising $12M by offering 3M shares that are expected to be priced at $4 per share. Description: Grocery operator.
SIMPPLE ( SPPL ) is raising $9.3M by offering 1.6M shares at an estimated price between $5.25-$6.25 per share. Description: A Singapore-based property technology company.
Solowin Holdings ( SWIN ) is raising $10M with an expected 2.5M shares priced at $4 per share. Description: An online brokerage and investment advisory company.
Inspire Veterinary Partners ( IVP ) is raising $8M by offering 1.6M shares expected to be priced between $4-$5 per share. Description: A veterinary hospital operator in the United States.
Lead Real Estate ( LRE ) is raising $9.1M by offering 1.1M shares at an estimated price between $7-$9 per share. Description: Luxury real estate developer for sale and rent in Japan.
Note: Many IPOs have been delayed recently, and there could be last-minute debut changes or cancellations.
New notable filings
Arm Holdings filed with the SEC to raise up to $100M in an initial public offering. However, this is likely a placeholder for a deal estimated to raise up to $6B. The company plans to list on the Nasdaq under the symbol ( ARM ). Description: The British chip design maker owned by Japanese tech conglomerate SoftBank ( OTCPK:SFTBY ).
Instacart filed to raise up to $100M in an initial public offering. It is also likely a placeholder for a deal that is expected to raise up to $1B. It plans to list on the Nasdaq under the symbol ( CART ). Description: Grocery delivery platform.
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IPO round up: Arm Holdings, Instacart, Klaviyo and more