Equities

IFR US ECM Pricings

 |  Robert Sherwood

Ellington Financial (US, mortgage REIT) ─ $118.5m Block. 8.8m shares (Primary) at $13.50 versus $13.50-$13.86 marketing and $13.86 last sale. MS, GS.

GigCapital9 (US, SPAC) ─ $220m IPO. 22m units (Primary) at $10.00. Each unit comprises one share and one-fifth right. DORAL. Nasdaq "GIXXU". Avi Katz. Aerospace and defense, cybersecurity. 24 months. 100% in trust.

Mountain Lake Acquisition II (US, SPAC) ─ $313.2m SPAC IPO. 31.3m shares (Primary) at $10.00. BTIG. Nasdaq "MLAA.U". Upsized from $260m. Each unit comprises one share and one-half warrant. Paul Grinberg/Douglas Horlick. No defined target. 24 months.100% in trust.

Osisko Development (Canada, gold mining) ─ $125m Bought deal. 35.3m shares (Primary) at $3.54 versus $3.85 last sale. NBF, RBC, CANT.

ProPetro (US, oilfield services) ─ $150m ABB. 15m shares (Primary) at $10.00 versus $9.75-$10.00 marketing and $11.12 last sale. GS, BARC, JPM, BOFA. Upsized from 12.5m shares.

 

Topics
Equity Capital Marketed Follow-Ons Structured Equity US Dollar Initial Public Offerings (IPO) Americas North America United States ABBs and Block Trades Canada
Issuers
GigCapital9 Corp Ellington Financial Inc (EFC.N) ProPetro Holding Corp (PUMP.N) Osisko Development Corp (ODV.V) Mountain Lake Acquisition II Corp