- In a turbulent week for the IPO market, 17 IPOs and 20 SPACs went public.
- While returns cooled off, with just over half of the week's IPOs finishing below issue, there were a few bright spots, led by biotechs Design Therapeutics (DSGN) and Ikena Oncology (IKNA).
- 12 IPOs submitted initial filings this past week.
- 37 SPACs submitted initial filings, led by Eldridge Industries' Horizon Acquisition III (HZNA.U), which filed to raise $500 million, and Apollo's Spartan Acquisition IV (SPAFU.RC), which filed to raise $400 million.
For further details see:
US IPO Weekly Recap: Healthcare Shines In A 17 IPO Week