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LIXT - U.S. IPO Weekly Recap: The September IPO Market Kicks Off With A Quiet Week
Lixte Biotechnology Holdings Inc.
While there were no IPOs this past week, five SPACs went public ahead of the post-Labor Day rush.
Casdin Capital and Corvex Management's SPAC CM Life Sciences (CMLF) upsized to raise $385 million. Led by the firms' founders, Eli Casdin and Keith Meister, the company plans to target the life science industry, specifically businesses in the life science tools, synthetic biology, and diagnostics fields.
Tech SPAC Tailwind Acquisition (TWND.U) raised $300 million. The company was formed by Chairman Philip Krim, co-founder and CEO of Casper (CSPR), which is down 24% from its February IPO. Venture