Initial Public Offering
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Exzeo Group, Inc. Announces Pricing of Initial Public Offering
Businesswire· 2025-11-04 23:40
Company Overview - Exzeo Group, Inc. is a leading innovator in technology solutions specifically designed for property and casualty (P&C) insurance carriers, with a strong emphasis on the homeowners insurance market [5] - The company offers an "Insurance-as-a-Service" platform that provides a comprehensive suite of digital tools and services, enhancing operations from quoting and underwriting to policy administration, claims handling, data analytics, and financial reporting [5] Initial Public Offering (IPO) Details - Exzeo Group announced the pricing of its initial public offering of 8,000,000 shares at a public offering price of $21.00 per share [1] - The underwriters have been granted a 30-day option to purchase up to an additional 1,200,000 common shares at the IPO price [1] - The shares are expected to begin trading on the New York Stock Exchange under the symbol "XZO" on November 5, 2025, with the offering expected to close on November 6, 2025 [1][4] Underwriters and Management - Truist Securities is acting as the lead left bookrunner for the offering, with Citizens Capital Markets and William Blair serving as joint active book-running managers, and Fifth Third Securities as a co-manager [2]
X @Bloomberg
Bloomberg· 2025-11-04 02:18
Beta Technologies, an electric-powered aircraft manufacturer, has raised $1.02 billion in an upsized initial public offering, pricing above the marketed range despite turbulence created by the US government shutdown https://t.co/ZifRQT1Trf ...
Viking Acquisition Corp. I Announces Closing of $230 Million Initial Public Offering
Globenewswire· 2025-11-03 21:51
Core Points - Viking Acquisition Corp. I has successfully closed its initial public offering (IPO) of 23,000,000 units at a price of $10.00 per unit, raising gross proceeds of $230 million, which includes an additional 3,000,000 units sold due to the underwriters' over-allotment option [1] - Each unit consists of one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share [1] - The units began trading on the New York Stock Exchange under the ticker symbol "VACI.U" on October 31, 2025, with separate trading expected for Class A ordinary shares and warrants under the symbols "VACI" and "VACI WS" respectively [2] Company Information - Viking Acquisition Corp. I is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, without limitations on industry or geographic region [7] - Cohen & Company Capital Markets acted as the lead book-running manager for the offering, with legal representation provided by DLA-Piper LLP (US) for the company and Ellenoff Grossman & Schole LLP for Cohen [3]
Viking Acquisition Corp. I Announces Pricing of $200,000,000 Initial Public Offering
Globenewswire· 2025-10-31 01:22
Core Points - Viking Acquisition Corp. I has priced its initial public offering (IPO) at $10.00 per unit, with a total of 20,000,000 units being offered [1] - The units will be listed on the New York Stock Exchange under the ticker symbol "VACI.U" starting October 31, 2025 [1] - Each unit consists of one Class A ordinary share and one-third of a redeemable warrant, with the whole warrant exercisable at $11.50 per share [1] - The offering is expected to close on November 3, 2025, subject to customary closing conditions [2] Company Overview - Viking Acquisition Corp. I is a blank check company aimed at merging, acquiring, or reorganizing with one or more businesses, without limitations on industry or geographic region [5]
X @Bloomberg
Bloomberg· 2025-10-30 17:04
Market Performance - Navan shares experienced a 12% decrease following its initial public offering [1] IPO Details - Navan and some shareholders raised $9231 million through an IPO [1]
Insight Digital Partners II Announces Closing of $172.5 Million Initial Public Offering Including Exercise of Underwriters’ Over-Allotment Option in Full
Globenewswire· 2025-10-30 16:40
Company Overview - Insight Digital Partners II has successfully closed its initial public offering (IPO) of 17,250,000 units at a public offering price of $10.00 per unit, which includes 2,250,000 units from the underwriters' over-allotment option [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share [1] Trading Information - The units are listed on The Nasdaq Global Market under the ticker symbol "DYORU" and commenced trading on October 29, 2025 [2] - Once the securities begin separate trading, the Class A ordinary shares and warrants are expected to be listed under the symbols "DYOR" and "DYORW," respectively [2] Private Placement Details - Concurrently with the IPO, the company closed a private placement of 5,450,000 warrants at a price of $1.00 per warrant, resulting in gross proceeds of $5,450,000 [3] - The proceeds from the IPO and private placement resulted in $172,500,000 being placed in trust, equating to $10.00 per unit sold in the public offering [3] Business Focus - Insight Digital Partners II is a blank check company formed to effect a merger or similar business combination with one or more businesses [4] - The company aims to target high-growth sectors within the digital economy, including infrastructure for stablecoins and digital payments, staking and mining operations, trading platforms, and high-performance computing [4]
Insight Digital Partners II Announces Closing of $172.5 Million Initial Public Offering Including Exercise of Underwriters' Over-Allotment Option in Full
Globenewswire· 2025-10-30 16:40
Core Points - Insight Digital Partners II has successfully closed its initial public offering (IPO) of 17,250,000 units at a public offering price of $10.00 per unit, including 2,250,000 units from the underwriters' over-allotment option [1] - The units began trading on Nasdaq under the ticker symbol "DYORU" on October 29, 2025, with Class A ordinary shares and warrants expected to be listed under "DYOR" and "DYORW" respectively [2] - The company also completed a private placement of 5,450,000 warrants at $1.00 per warrant, generating gross proceeds of $5,450,000, with a total of $172,500,000 placed in trust from the IPO and private placement [3] Company Overview - Insight Digital Partners II is a blank check company aimed at executing mergers, amalgamations, share exchanges, asset acquisitions, or similar business combinations, targeting high-growth sectors within the digital economy [4] - The company plans to focus on opportunities in areas such as infrastructure for stablecoins and digital payments, staking and mining operations, trading platforms, and high-performance computing, as well as innovative energy solutions [4] Management and Underwriting - Cohen & Company Capital Markets acted as the sole book-running manager for the offering [5]
Evommune Announces Commencement of Initial Public Offering
Prnewswire· 2025-10-30 10:30
Core Points - Evommune, Inc. has filed a registration statement for an initial public offering (IPO) of its common stock, offering 9,375,000 shares at an expected price between $15.00 and $17.00 per share [1] - The company plans to grant underwriters a 30-day option to purchase an additional 1,406,250 shares in connection with the IPO [1] - Evommune's common stock is expected to be listed on the New York Stock Exchange under the symbol "EVMN" [1] - The registration statement is anticipated to become effective on November 5, 2025, allowing the company to price the offering shortly thereafter [1] - Morgan Stanley, Leerink Partners, Evercore ISI, and Cantor are acting as joint book-running managers for the proposed offering [2] Company Overview - Evommune, Inc. is a clinical-stage biotechnology company focused on developing innovative therapies targeting chronic inflammatory diseases [5] - The company's mission is to enhance patients' daily lives and mitigate long-term effects of uncontrolled inflammation caused by existing therapy limitations [5] - Evommune is advancing a portfolio of differentiated product candidates aimed at addressing key drivers of chronic inflammation [5]
Apex Treasury Corporation Announces Closing of Upsized $344.7 Million Initial Public Offering Including Exercise of Underwriters' Over-Allotment Option
Globenewswire· 2025-10-29 18:34
Core Points - Apex Treasury Corporation has successfully closed its upsized initial public offering (IPO) of 34,470,000 units at a public offering price of $10.00 per unit, which includes 4,470,000 units from the underwriters' over-allotment option [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share [1] - The units began trading on The Nasdaq Global Market under the ticker symbol "APXTU" on October 28, 2025, with separate trading expected for Class A ordinary shares and warrants under the symbols "APXT" and "APXTW," respectively [2] - Concurrently, the company closed a private placement of 8,894,000 warrants at a price of $1.00 per warrant, generating gross proceeds of $8,894,000 [3] - Apex Treasury Corporation is a blank check company formed to pursue mergers, share exchanges, asset acquisitions, or similar business combinations, initially focusing on opportunities in the digital asset sector [4] - Cohen & Company Capital Markets acted as the sole book-running manager for the offering [5]