Equities

IFR US ECM Pricings

| Robert Sherwood

BTC Development (US, SPAC) ─ $220m IPO. 22m units (Primary) at $10.00. COHEN, KBW. Nasdaq “BDCI”. Each unit comprises one share and one-fourth warrant. Betsy Cohen. Bitcoin. 24 months. 100% in trust.

Bain Capital GSS (US, SPAC) ─ $400m IPO. 40m units (Primary) at $10.00. CITI. NYSE “BCSS.U”. Each unit comprises one share and one-fifth warrant. Bain Capital. No defined target. 24 months. 100% in trust.

Bit Digital (US, cryptocurrency) ─ $135 5y cvt priced at 4%, up 30% versus 4%-4.5% and 25%-30% marketing. BARC, CANT, BRLY. Wall cross.

Topics

Equity Capital ABBs and Block Trades Americas Structured Equity South America Brazil Initial Public Offerings (IPO) North America United States US Dollar Marketed Follow-Ons

Issuers

Bit Digital Inc (BTBT.OQ) BTC Development Corp Bain Capital Specialty Finance Inc (BCSF.N)