One IPOs and one SPAC went public in the week of June 6, 2022 led by Phoenix Motor Inc (NASDAQ: PEV), a maker of electric vehicles and drive systems being spun out of SPI Energy, raised $16 million at a $155 million market cap and finished 57% below its IPO price.
The one SPAC went public this past week are:
1. Acri Capital Acquisition (technology-enabled sectors in North America SPAC)
Together, all the SPACs raised a total of $75 million.
Disclaimer: Hexcellence Consulting, a registered Malaysian company specializing in all aspects of going public in U.S. Capital Markets. The information herein is for informational purposes only and does not constitute legal, financial, or investment advice. While we prioritize accuracy, some data may be sourced from third-party reputable sources. Our views expressed here are our own and may not represent those of third parties or regulatory bodies.
