Opening Day: York Space Systems, Ethos make public debuts

LATEST IPOS AND DIRECT LISTINGS:

• York Space Systems (YSS) opened connected January 29 astatine $38.00. The institution had priced 18.5M shares astatine $34.00. The woody priced astatine the high-end of the $30.00-$34.00 scope and the woody size was accrued to 18.5M shares of communal banal from 16M shares of communal stock. York Space Systems is simply a U.S.-based, abstraction and defence premier contractor providing a suite of mission-critical solutions for nationalist security, authorities and commercialized customers.

• Ethos (LIFE) opened connected January 29 astatine $19. The institution priced 10.526M shares astatine $19.00, successful the mediate of the woody scope of $18.00-$20.00. Ethos describes itself arsenic a “life security exertion institution connected a ngo to democratize entree to beingness insurance.”

• PicPay (PICS) opened connected January 29 astatine $19.50. The institution priced 22.857M shares astatine $19.00, astatine the precocious extremity of the $16.00-$19.00 range. PicPay is 1 of the largest integer banks successful Brazil by fig of customers.

RECENT SPAC IPOS:

• Muzero Acquisition (MUZE) opened connected January 30 astatine $10.01. While the institution says its strategy allows for a concern operation successful immoderate sector, its archetypal absorption is connected companies that are technology-enabled crossed immoderate industry.

• Xsolla SPAC 1 (XSLL) opened connected January 29 astatine $9.95. Xsolla SPAC 1 is simply a blank cheque institution formed for the intent of effecting a merger, amalgamation, stock exchange, plus acquisition, stock purchase, reorganization oregon akin concern operation with 1 oregon much businesses. The institution has not selected immoderate circumstantial concern operation target.

• United Acquisition I (UAC) opened connected January 29 astatine $10. The blank cheque institution priced its archetypal nationalist offering of 10M units astatine a terms of $10.00 per unit.

• K2 Capital Acquisition (KTWO) opened connected January 29 astatine $10.03. The blank cheque company
  priced its upsized archetypal nationalist offering of 12M units astatine $10.00 per unit, with each portion consisting of 1 Class A mean stock and 1 close to person one-fifth of 1 Class A mean stock astatine the closing of the company’s archetypal concern combination.

• KRAKacquisition (KRAQ) opened connected January 28 astatine $10.05. Santander is acting arsenic the sole book-running manager successful the offering.

• Space Asset Acquisition (SAAQ) opened connected January 28 astatine $10.10. The blank cheque institution whitethorn prosecute an archetypal concern operation successful immoderate industry, assemblage oregon geographic region, but intends to people opportunities and companies that are successful the planetary abstraction economy, including businesses successful the exertion and defence sectors.

• GigCapital9 (GIX) opened connected January 27 astatine $10.05. The ninth peculiar intent acquisition institution launched by GigCapital Global priced its archetypal nationalist offering of 22M units astatine $10.00 per unit.