IPO Outlook For The Week: Biotech, Fintech, Waste Management And The Chinese TechCrunch


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For a more comprehensive IPO calendar, check out the offering in Benzinga Cloud. The IPO dates below are expected but not confirmed.

Osprey Technology Acquisition Corp. (NYSE:SFTWU) will issue 25 million shares at $10 Friday, Nov. 1, on the New York Stock Exchange. The offering represents about 11.9% of outstanding shares and is expected to raise about $287.5 million. The blank-check company will target software-as-a-service companies.

89Bio, Inc. (NASDAQ:ETNB) will issue nearly 4.8 million shares between $15 and $17 Thursday, Nov. 7, on the Nasdaq. The offering represents about 36.3% of outstanding shares and is expected to raise about $85.5 million. The clinical-stage biopharma develops therapies for liver and cardiometabolic diseases, including non-alcoholic steatohepatitis.

36KR Holdings Inc. (NASDAQ:KRKR) will issue 3.6 million shares between $14.50 and $17.50 Thursday, Nov. 7, on the Nasdaq. The offering represents about 10% of outstanding shares and is expected to raise about $72.5 million. The “TechCrunch of China” has tracked private company fundraising since its 2010 founding.

Centogene B.V. (NASDAQ:CNTG) will issue 4 million shares between $14 and $16 Thursday, Nov. 7, on the Nasdaq. The offering represents about 20.1% of outstanding shares and is expected to raise about $73.6 million. Founded in 2006, the German biotech company contributes genetic analysis technology in partnerships with more than 35 pharmaceutical companies.

GFL Environmental Holdings Inc. (NYSE:GFL) will issue nearly 87.6 million shares between $20 and $24 Thursday, Nov. 7, on the New York Stock Exchange. The offering represents about 29% of outstanding shares and is expected to raise about $2.4 billion. Headquartered in Ontario, GFL provides waste management services and ground infrastructure construction across Canada and 20 U.S. states.

Silvergate Capital Corp (NYSE:SI) will issue more than 4.3 million shares between $13 and $15 Thursday, Nov. 7, on the New York Stock Exchange. The offering represents about 24.2% of outstanding shares and is expected to raise about $64.6 million. Based in California, the state-chartered bank provides financial infrastructure services to support institutional investors and digital currency and fintech customers.

You can check out dozens of up-and-coming fintech companies at the fifth annual Benzinga Global Fintech Awards on Nov. 19 in New York City.

CNS Pharmaceuticals, Inc. (NASDAQ:CNSP) will issue more than 2.1 million shares between $4 and $5 Friday, Nov. 8, on the Nasdaq. The offering represents about 13.5% of outstanding shares and is expected to raise about $12.2 million. The pre-clinical-stage biotech company is developing therapies for glioblastoma, lymphoma, and pancreatic and ovarian cancers.

Tela Bio, Inc. (NASDAQ:TELA) will issue 4 million shares between $14 and $16 Friday, Nov. 8, on the Nasdaq. The offering represents about 37.6% of outstanding shares and is expected to raise about $73.6 million. The Pennsylvania company develops and markets products for hernia repair and reconstruction of the abdominal wall.

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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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