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Page 55

Kuaishou crashes through with $5.4bn IPO

The Tencent and Baidu-backed livestreaming app saw its shares almost triple on the first day of trading and is now valued at about $160bn.

Feb 5, 2021

23andMe links to Virgin in $3.5bn reverse merger

The corporate-backed genetic testing service is joining forces with an NYSE-listed special purpose acquisition company sponsored by Virgin Group.

Feb 5, 2021

Sana Bio plants itself on public markets

The Alphabet-backed immunotherapy developer secured nearly $588m in what was reputedly the largest ever flotation for a preclinical life sciences company.

Feb 5, 2021

Payoneer presents $3.3bn reverse merger

The Ping An and SIG-backed cross-border payment services provider will list on the Nasdaq Capital Market through the merger with FTAC Olympus Acquisition Corp.

Feb 5, 2021

Sana Bio boosts IPO to $588m

Harvard-linked Sana brought in nearly four times as much in proceeds as originally planned and saw shares surge 40% on the first day of trading.

Feb 5, 2021

Landos lands $100m IPO

Virginia Tech spinout Landos Biopharma priced its shares at $16 to raise $100m and will use proceeds to advance the development of two treatments for inflammatory bowel disease.

Feb 5, 2021

Astra launches $2.1bn reverse merger

Airbus Ventures-backed space launch services provider Astra will get a listing on the Nasdaq Capital Market through the deal.

Feb 3, 2021

Huakang Pharmaceutical hikes to $232m IPO

HY Energy and Yake Food-backed starch sugar additive manufacturer Zhejiang Huakang Pharmaceutical is set to go public in Shanghai.

Feb 3, 2021

Kringle Pharma reaches public markets

Chishima Real Estate, M3, Miraca, Nippon Life, POC Clinical Research, Reprocell, Toho Holdings and Zenoaq have all scored exits after the cell therapy provider went public.

Feb 3, 2021

Otonomo opts for $1.4bn reverse merger

Dell Technologies Capital and Hearst Ventures are backing a PIPE investment as the SK Holdings, Avis Budget, NTT Docomo and Delphi-backed vehicle data provider looks to list on Nasdaq.

Feb 2, 2021
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