Fractal Analytics is preparing to kick off its initial public offering, which may fetch 49 billion rupees ($555 million), as early as next month in India https://t.co/K54kJJYi6r ...

Seres started taking investor orders for a Hong Kong listing that may raise as much as HK$13.2 billion ($1.7 billion) https://t.co/IvtcAc069V ...

Core Points - MapLight Therapeutics, Inc. has priced its initial public offering (IPO) at $17.00 per share for 14,750,000 shares, with an additional option for underwriters to purchase 2,212,500 shares [1][2] - The total expected gross proceeds from the IPO and a concurrent private placement are approximately $258.9 million, excluding underwriters' options and expenses [2] - The shares are set to begin trading on the Nasdaq Global Market under the symbol "MPLT" on October 27, 2025, with the offering expected to close on October 28, 2025 [3] Company Overview - MapLight Therapeutics is a clinical-stage biopharmaceutical company focused on central nervous system disorders, founded by leaders in psychiatry and neuroscience [7] - The company's lead product candidate, ML-007C-MA, is currently in Phase 2 clinical trials for treating schizophrenia and Alzheimer's disease psychosis [7]

Group 1 - The Company, Harvard Ave Acquisition Corporation, closed its initial public offering of 14,500,000 units at $10.00 per unit, generating gross proceeds of $145 million before deductions [1] - The units began trading on the Nasdaq Global Market under the ticker symbol "HAVAU" on October 23, 2025, with each unit consisting of one Class A ordinary share and one right to receive one-tenth of one Class A ordinary share [1] - The Company is a blank check company incorporated in the Cayman Islands, aiming to pursue a merger, share exchange, asset acquisition, or similar business combination, focusing on industries that complement the management team's background [2] Group 2 - D. Boral Capital LLC acted as the sole book-running manager for the offering, while Robinson & Cole LLP and Winston & Strawn LLP served as legal counsel to the Company and D. Boral Capital LLC, respectively [3] - A registration statement on Form S-1 relating to these securities was filed with the SEC and declared effective on September 30, 2025, with the offering made only by means of a prospectus [4]

IPO Market Decline - London's IPO market has significantly declined since 2006, with the first half of 2025 being the worst since 1998 [1] - The number of companies listed in the UK has fallen by approximately 40% since 2008 [1] - London has fallen out of the top 20 IPO markets due to a 69% slump in fundraising [1] Factors Undermining London's Exchange - UK companies have consistently traded at a discount, recently around 35%, compared to peers in other developed countries, fueling takeovers and an exodus from the London Stock Exchange [10] - The exodus of domestic investors, including pension funds, wealth managers, and retail investors, has contributed to the lackluster UK market [12] - Brexit and post-Brexit political chaos have created reputational damage and deterred foreign investors [18] - The UK charges a stamp duty of 0.5% on share transactions, the highest among major markets, deterring investors [19] - Stringent regulations on the LSE, while ensuring quality, can deter companies from listing [20][21] Potential Solutions and Opportunities - The Investment Association is revising remuneration guidelines, and FTSE 100 CEO pay is growing faster than S&P 500 CEO pay [23] - Ongoing efforts are focused on improving the regulatory and listing environment to attract new companies [23] - London remains the biggest equity market in Europe and a major global financial center [26] - Successful listings of multi-billion dollar companies could change the narrative and attract more interest in the London Stock Exchange [27]

This year has been dismal for London’s initial public offerings market. A number of high-profile companies have chosen to list elsewhere, fundraising has been at 30-year lows and in September it slipped out of the world’s top 20 listing destinations. How did one of the world’s most storied exchanges and Europe’s biggest equity market begin to lose its appeal as an IPO hotspot? https://t.co/oRuehuO6AE ...

Core Points - LaFayette Acquisition Corp. has announced the pricing of its initial public offering (IPO) of 10,000,000 units at a price of $10.00 per unit, with trading expected to commence on October 24, 2025, on Nasdaq under the symbol "LAFAU" [1] - Each unit consists of one ordinary share and one right, which entitles the holder to receive one-tenth of one ordinary share upon completion of an initial business combination [2] - The offering is managed by EarlyBirdCapital, Inc. as the book-running manager and IB Capital as co-manager, with a 45-day option for underwriters to purchase an additional 1,500,000 units [3] Company Overview - LaFayette Acquisition Corp. is a blank check company formed to effect a merger, share exchange, asset acquisition, or similar business combination with one or more businesses [6] - The company is led by Christophe Charlier, who serves as Chairman and Chief Executive Officer, and may pursue business combinations across various industries and geographic regions [6]

Core Viewpoint - Texxon Holding Limited successfully closed its initial public offering, raising US$9.5 million by offering 1,900,000 ordinary shares at US$5.00 each, with trading commencing on the Nasdaq Capital Market under the ticker symbol "NPT" [1] Group 1: Offering Details - The offering included an over-allotment option for underwriters to purchase an additional 285,000 ordinary shares at the public offering price [1] - The offering was conducted on a firm commitment basis, with D. Boral Capital LLC serving as the sole book-running manager [3] Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to the construction of a polystyrene manufacturing factory in Henan Province, China, including production lines and storage facilities [2] - Funds will also be used to update the supply chain management platform and for working capital [2] Group 3: Company Overview - Texxon Holding Limited is a leading provider of supply chain management services in the plastics and chemical industries in East China, aiming to create the largest one-stop supply chain management platform for raw materials [6] - The company utilizes a technology-enabled platform to offer a full range of services to small and medium-sized enterprises (SMEs) in China, enhancing convenience and efficiency in the procurement process [6] - With over a decade of experience, Texxon has accumulated substantial transaction data to analyze market trends and make informed decisions [6]

Company Overview - Agencia Comercial Spirits Ltd is a Taiwan-based specialized importer and distributor of high-quality whiskies, including both bottled and cask whiskies, catering to both local and international markets [6] - The company operates through three distinct business areas: procurement and distribution of bottled whisky, procurement and distribution of raw cask whisky, and cask-to-bottle & distribution business [6] Initial Public Offering (IPO) Details - The company announced the closing of its initial public offering of 1,750,000 Class A ordinary shares at a public offering price of US$4.00 per share, resulting in total gross proceeds of US$7.0 million before deductions [1] - The Class A ordinary shares began trading on the Nasdaq Capital Market under the ticker symbol "AGCC" on October 22, 2025 [2] - The offering was conducted on a firm commitment basis, with D. Boral Capital LLC as the lead underwriter and Revere Securities LLC as co-underwriter [3] Use of Proceeds - The net proceeds from the offering will be used for several strategic initiatives, including expanding the supplier network, increasing bottling and packaging capacity, enhancing warehouse facilities, implementing marketing initiatives, and general corporate purposes [2]

Group 1 - The Company, Harvard Ave Acquisition Corporation, has priced its initial public offering (IPO) at $10.00 per unit, offering a total of 14,500,000 units [1] - The units will be listed on the Nasdaq Global Market under the ticker symbol "HAVAU" starting October 23, 2025, with the offering expected to close on October 24, 2025 [1] - Each unit consists of one Class A ordinary share and one right to receive one-tenth of one Class A ordinary share, with separate trading expected for the Class A ordinary shares and rights under the symbols "HAVA" and "HAVAR" respectively [1] Group 2 - The Company is a blank check company incorporated in the Cayman Islands, aiming to pursue mergers, share exchanges, asset acquisitions, or similar business combinations [2] - While the Company may explore opportunities across various industries and geographical locations, it intends to focus on sectors that align with the management team's expertise [2] Group 3 - D. Boral Capital LLC is serving as the sole book-running manager for the IPO [3] - A registration statement on Form S-1 related to these securities has been filed with the SEC and was declared effective on September 30, 2025 [4]