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home / news releases / SPAK - ParaZero Technologies Readies $16 Million U.S. IPO


SPAK - ParaZero Technologies Readies $16 Million U.S. IPO

  • ParaZero Technologies Ltd. has filed proposed terms for a $16 million U.S. IPO.
  • The firm designs and sells drone parachute recovery systems.
  • The PRZO IPO is highly priced with no revenue traction in a moderately-growing industry.
  • While the IPO may see trading volatility from its low nominal price, I'm on Hold for the stock until management can grow the company into its proposed valuation.

For further details see:

ParaZero Technologies Readies $16 Million U.S. IPO
Stock Information

Company Name: Defiance Next Gen SPAC Derived
Stock Symbol: SPAK
Market: NYSE

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