Equities

IFR US ECM CALENDAR

 |  Robert Sherwood

July 8: Cogent Biosciences (US, biotech) ─ $150m ABB. Fixed size (Primary) marketed at $9.00-$9.50 versus $9.78 last sale. JPM, LEER, GUGG. 

July 8: Vertical Aerospace (UK, EV aircraft) ─ $60m ABB. Fixed size (Primary) marketed at $5.00 fixed versus $6.95 last sale. DB, WBLR. Wall cross. 

July 9: Mobileye Global (Israel, mobility software) ─ $838.8m FO. 45m shares (Secondary) versus $18.64 at launch. GS, BOFA. Company concurrently buying back an additional $100m of stock from selling shareholder Intel.

July 10: Almonty Industries (Canada, mining) ─ $75m Nasdaq IPO. Fixed size (Primary). OPCO, CANT. Nasdaq “ALM”. Local shares trade on TSX under the symbol “AII.TO” at C$7.45 ($5.58). 

July 15: Aura Minerals (Canada, mining) ─ $204m Nasdaq IPO. 8.1m shares (Primary) versus C$35.81 ($25.17) reference TSX closing launch price. BOFA, GS, BTG, ITAU. Nasdaq “AUGO”. Offer price to be set relative to TSX-listed shares.

Mid July: Fibra NEXT (Mexico, warehouse REIT) ─ Ps8bn ($418m) IPO. 80m shares (Primary) at Ps100. BOFA, BBVA, BTG, GS. 

Topics
Americas Europe Western Europe United Kingdom North America United States Equity Capital Initial Public Offerings (IPO) US Dollar Canada Middle East Israel Latin America Mexico ABBs and Block Trades Marketed Follow-Ons
Issuers
Aura Minerals Inc (ORA.TO) Fibra Uno Administracion SC (FUNO11.MX) Cogent Biosciences Inc (COGT.O) Mobileye Global Inc (MBLY.O) Vertical Aerospace Ltd (EVTL.N)