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SRUNU News

US IPO Weekly Recap: A SPAC and a Reg A+ price; two billion-dollar companies file

CIC.U

Two IPOs raised a combined $380 million this past week. Blank check company Capitol Investment Corp. IV led the way with a $350 million offering, and branded content curator Chicken Soup for the Soul Entertainment followed with a Reg A+ offering that raised $30 million. Filing activity remained slow with just two companies joining the pipeline, along with a handful of updates. We...read more

US IPO Weekly Recap: Alteryx pops 11%, Valeritas drops 29%

AYX

Two IPOs diverged in trading this week. Alteryx was fairly well-received by investors, popping 11% on its first day of trading Friday. Valeritas, which had failed to IPO in 2015, broke issue despite insiders purchasing 67% of the deal. The average 2017 IPO is up 12% and 64% are trading above their IPO price. ...read more

Energy SPAC sequel Silver Run Acquisition II prices $900 million IPO at $10

SRUNU

Silver Run Acquisition II, a blank check company formed by Riverstone to acquire an energy business, raised $900 million by offering 90 million units at $10. It originally filed to offer 40 million units before increasing the deal size twice earlier in the week. Silver Run Acquisition II plans to list on the Nasdaq under the symbol SRUNU. Citi, Credit Suisse, Deutsche Bank...read more

Riverstone-backed energy SPAC sequel Silver Run Acquisition II files for a $400 million IPO

SRUNU

Silver Run Acquisition Corporation II, a blank check company formed by Riverstone to acquire an energy business, filed on Thursday with the SEC to raise up to $400 million in an initial public offering. The Houston, TX-based company was founded in 2016. It plans to list on the Nasdaq under the symbol SRUNU. Citi, Credit Suisse and Deutsche Bank are the joint bookrunners on...read more

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