LONDON, UK: Ashington Innovation plc, a special purpose acquisition company (“SPAC”) aiming to benefit from favourable price conditions for companies in the financial services technology (fintech) and deep technology (deep tech) sectors, has announced the results of its initial public offering and standard listing on the Main Market of the London Stock Exchange (“the Offering”)….
Tag: IPO
Acelyrin, RTW Venture Fund’s Portfolio Company, Raises $540 Million in IPO
LONDON, UK: RTW Venture Fund’s portfolio company, Acelyrin, Inc. announced the pricing of its initial public offering (IPO) and admission to trade on Nasdaq Global Market under the ticker symbol “SLRN.” The IPO raised $540 million by offering 30 million shares at $18.00 per share. The company’s share price traded up by 30.55% on the…
Al Seer Marine invests AED 1.2bn in Abu Dhabi Ports for 7.36% stakes
ABU DHABI: Al Seer Marine PJSC, the leading marine company in the Middle East and a subsidiary of International Holding Company (IHC), has announced a sizeable investment of 375 million equity shares (AED 1.2 billion) in Abu Dhabi Ports Group allocated ahead of its Initial Public Offering (IPO). The investment will support Al Seer Marine…
Eni International and HitecVision to sell 220mn shares in Vår Energi ASA
SANDNES, NORWAY: Vår Energi ASA has resolved to launch an initial public offering (IPO) of shares in the company. Subject to approval of the prospectus, the listing application and successful completion of the offering, the shares of Vår Energi will be admitted to listing and commence trading on Oslo Børs on a conditional trading basis…
Hiro Metaverse announces £115 million IPO on London Stock Exchange
LONDON, UK: Hiro Metaverse, a special purpose acquisition company incorporated under the laws of the Grand Duchy of Luxembourg as a public limited liability company, announced its successful IPO on the main market of the London Stock Exchange by way of a placing of units comprising one Public Share and the right to receive one…
Ventyx prices upsized $151.5 million IPO
LONDON, UK: RTW Venture Fund Limited’s portfolio company Ventyx Biosciences Inc. announced pricing of an upsized $151.5 million initial public offering (IPO) and admission to trade on Nasdaq Global Market under ticker “VTYX”. Ventyx is a clinical-stage biopharmaceutical company advancing a pipeline of novel small molecule therapeutics with a best-in-class potential for patients with inflammatory…
AutoStore Holdings’ bookbuilding prices IPO at NOK 31/share
NEDRE VATS: AutoStore Holdings has prices its initial public offer (IPO) at NOK 31/share. This price implies a market capitalization of AutoStore of approximately NOK 103.5 billion. AutoStore will sell 87.096 million treasury shares in connection with the Offering, raising an amount of NOK 2.7 billion. Funds/companies owned, managed or advised by Thomas H. Lee…
Rubix Group plans €850 million IPO on London Stock Exchange
LONDON, UK: Rubix Group is considering an initial public offering (IPO) on the main market of the London Stock Exchange. Rubix Group IPO will comprise new ordinary shares to be issued by the company raising proceeds equivalent to approximately €850 million, and additionally may also include the sale of existing ordinary shares by current shareholders….
Stelrad Radiator Group plans IPO on London Stock Exchange
LONDON, UK: Stelrad Radiator Group, a leading specialist manufacturer and distributor of steel panel radiators, is considering an initial public offering (IPO) and intends to publish a registration document today. Stelrad is considering applying for admission of the Ordinary Shares to the premium segment of the Official List of the FCA and to trading on…
Marks Electrical plans IPO on AIM of London Stock Exchange
LONDON, UK: Marks Electrical Limited, a fast growing online electrical retailer, has expressed intention to proceed with an initial public offering (IPO) and to seek admission to trading on AIM, a market of the London Stock Exchange, of the issued and to be issued ordinary shares in the capital of a newly established holding company…
Ghani Global to sell Ghani Chemical Industries shares in IPO
KARACHI, PAKISTAN: Ghani Global Group will sell around 50 per cent shares in its subsidiary Ghani Chemical Industries Limited (GCIL) through an initial public offering (IPO) at Pakistan Stock Exchange (PSX), to fund Rs8.5 billion ($49.7 million) expansion. The Board of Directors of Ghani Chemical Industries Limited, one of the subsidiary companies and the largest…
Tortilla Mexican Grill expresses intention to go public
LONDON, UK: Tortilla Mexican Grill, fast-casual Mexican restaurant group in the UK, announced its intention to seek admission of its shares to trading on AIM, a market of the London Stock Exchange. The Group is targeting circa 45 new sites over the next five years including building on the success of the existing portfolio of…