IPOs this week : May 6 - 10, 24 (wk 19)

IPOs expected to price

• A $229.3M IPO by specialized freight company Proficient Auto Logistics (PAL). The Jacksonville, Fla.-based firm is planning to sell 14.3M shares at an expected IPO price between $14/share to $16/share. The company provides auto transportation and logistics services, primarily focused on moving finished vehicles from automotive production facilities, marine ports of entry, or regional rail yards to auto dealerships. 
• Silvaco Group's (SVCO) $114M IPO is also expected this week. Silvaco (SVCO) is a provider of technology computer-aided design software, electronic design automation software and semiconductor intellectual property. 

IPO lockup expirations

• Cargo Therapeutics (CRGX) and 
• Hamilton Insurance (HG).

CG Oncology (CGON) : Cretostimogene monotherapy demonstrated 75.2% complete response rate

CG Oncology announces that data from the Phase 3 BOND-003 study evaluating the efficacy and safety of cretostimogene monotherapy in patients with high-risk Non-Muscle Invasive Bladder Cancer unresponsive to Bacillus Calmette Guerin, showed that 75.2% of

patients achieved a complete response at any time, as of the cutoff date of April 1, 2024

IPO Jan 25, 24: CG Oncology (CGON) priced upsized 20.0 mln share IPO $19.00 per share, above the $16-18 expected range

The IPO was upsized from 17.0 mln shares, which was upsized from the original 11.8 mlnshares.

Ticker: CGON

• Founded: 2010
• Headquarters: Irvine, California
• Website: cgoncology.com
• Employees: 61

 

 

 

Arcosa (ACA) reported earnings on Thur 2 May 24 (a/h)

• IPO: Oct 30, 2018; spinoff from Trinity Industries, Inc. (NYSE: TRN).
• June 22, 2026: acquired by building materials supplier CRH (NYSE: CRH) for $150 per share