Equities

IFR US ECM Pricings

 |  Robert Sherwood

Duos Technologies (US, software) ─ $65m ABB. 8.7m shares (Primary) at $7.50 versus $8.79 last sale. TITN.

Generate Biomedicines (US, biotech) ─ $400m IPO. 25m shares (Primary) at $16.00 versus $15-$17 marketing. GS, MS, PS, GUGG, CANT. Nasdaq "GENB".

Illumination Acquisition I (US, SPAC) ─ $200m IPO. 20m units (Primary) at $10.00. BTIG. Nasdaq “ILLUU”. Each unit comprises one share and one-third warrant. John Lipman. Undefined. 24 months. 100% in trust.

Kratos Defense and Security Solutions (US, aerospace & defense) ─ $1.2bn ABB. 14.3m shares (Primary) at $84.00 versus $83.00-$85.00 marketing and $92.14 last sale. BAIRD, RJ, RBC, TRST. Upsized from $1bn. Wall cross. 

LSI Industries (US, electrical components & equipment) ─ $90.9m FO. 4.6m shares (Primary) at $19.75 versus $22.47 last sale and $21.96 at launch. OPCO, CHLM. Wall cross. 

NextEra Energy (US, electric utility) ─ $2bn 3y mand cvt priced at 7.125% div, up 25% versus 7.125%-7.625% and 25% fixed marketing. WF, BOFA, CITI, MIZU.

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Topics
Equity Capital Initial Public Offerings (IPO) Marketed Follow-Ons Americas North America United States Canada ABBs and Block Trades US Dollar Structured Equity
Issuers
Generate Biomedicines Inc Ultra Clean Holdings Inc (UCTT.O) Nextera Energy Inc (NEE.N) Kratos Defense and Security Solutions Inc (KTOS.O) LSI Industries Inc (LYTS.OQ) Illumination Acquisition I Corp