Become a logicalchat Member

Latest Post

Credit Card Insurance Could Save You Thousands of Dollars

In today's world, credit cards are more than just a convenient way to pay for purchases. Many credit cards offer built-in insurance benefits that...

Your story starts here. Sign up and let's connect in ways that truly matter!

HomeUncategorizedIPO Rush! Telix, Tempus AI, and more Lead Busy Week for Public...

IPO Rush! Telix, Tempus AI, and more Lead Busy Week for Public Offerings.

IPO Rush! experienced mixed activity last week, with Novelis postponing its $878M IPO and Waystar raising $968M. Tempus AI and Telix Pharmaceuticals are set to raise $400M and $200M respectively. Renaissance IPO ETF has gained 4.6% YTD.

Here are some of the other major headlines in the IPO market:

New IPOs Opening This Week:

Telix Pharmaceuticals Raises $201.8M

  • Issuing 17M shares at $11.87 per share.
  • Australian biotech company.

Tempus AI Raising $399.6M

  • Issuing 11.1M shares.
  • Estimated price range: $35-$37 per share.
  • Developer of AI-based oncology diagnostics.

Kairos Pharma Raising $6.2M

  • Offers 1.6M shares at $4 per share.
  • Identifies as an oncology drug developer.

WORK Medical Technology Group Raises $9M

  • Issues 2M shares.
  • Estimated price range: $4–5 per share.
  • Based in China.

New Fillings

Alumis (ALMS): A biotech company aiming to raise up to $100M in an IPO.

  • EQV Ventures Acquisition (EQVU): A blank check company targeting the energy sector.
  • Breathe BioMedical (BRTH): A Canadian medical technology company aiming to raise up to $12M in an IPO.
  • UEOPLE Technology Holding (UEOP): A China-based provider of intelligent parking equipment.
  • Rising Dragon Acquisition (RDACU): A blank check company targeting small-cap companies in North America, Europe, and the APAC region.

Must read book about investing – check here

Related Post