No companies went public this past week, during the post-Thanksgiving lull.
Three healthcare deals joined the IPO calendar for next week. Messenger RNA developer Moderna (MRNA) is the week’s largest offering, aiming to raise $500 million in the biggest biotech IPO ever.
There were no new IPO filings, aside from two SPACs. Blank check company Andina Acquisition III (ANDAU) filed to raise $100 million to acquire a business in Latin America, while Chardan Healthcare Acquisition (CHACU) filed to raise $70 million as it explores a healthcare business to acquire. Therefore, what is currently in the IPO pipeline is what can go public in 2018; others will have to wait.
The IPO Index climbed 4.0% this past week, though it is still well below its level before the sell-off that began in October.
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2 SPAC Filings During the Week of November 26th, 2018 |
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|---|---|---|---|
|
Issuer |
Deal |
Sector |
Lead |
|
Andina Acquisition III (ANDAU) |
$100M |
SPAC |
Cowen |
|
Blank check company formed to acquire a business in Latin America. |
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|
Chardan Healthcare Acq. (CHACU) |
$70M |
SPAC |
Chardan |
|
Blank check company formed by Chardan to acquire a healthcare business. |
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Editor’s Note: This article covers one or more microcap stocks. Please be aware of the risks associated with these stocks.

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