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IPO Watch

SPAC CleanTech Acquisitions IPO Valued At $150 Million.

CleanTech Acquisition raised $150 million by issuing 15 million units at $10 by targeting the CleanTech and ClimateTech sectors. One share of common stock, one right to obtain one-twentieth of a share upon completion of an initial business combination, and one-half of a warrant, exercisable at $11.50, are included in each unit.

CleanTech Acquisition intends to list on the New York Stock Exchange under the ticker name CLAQU. Chardan Capital Markets acted as the deal’s sole book runner.

Company Profile

Eli Spiro is the CEO and Director of the company who is the co-founder and CEO of boutique investment banking firm Axxcess Capital Partners, and Chairman Jon Najarian who is the co-founder of individual investing education platform Market Rebellion, both leads the company.

It is an internet platform that connects businesses with potential customers, strategic partners, and investors. The company provides i3, an online platform that allows businesses to build and manage their pipelines, market their technology interests to start-ups around the world, and gain insight into various industries, as well as advisory services related to product and service design for CleanTech businesses.

(Source: NASDAQ.com)

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Any advice/ information provided is general in nature only and does not take into account the personal financial situation, objectives or needs of any particular person.

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ipo IPO Watch

Luxury Social Club Operator Membership Collective prices IPO at $14 low end

The Membership Collective Group sells subscriptions to a variety of restaurants and social groups across the world.

Soho Houses are the company’s core locations, which are designed to be collaborative, creative spaces for writers, artists, performers, entrepreneurs, directors, designers, and producers.

A group of influential creatives and innovators who represent the local area selects the members of each Soho House.

Other locations offered by Membership Collective Group include the work-oriented Soho Works, The Ned in London, and Scorpios Beach Club in Mykonos.

Company Profile

Membership Collective Group Inc. is a global membership platform. The Company offers platform of physical and digital spaces that connects a diverse group of members to work, socialize, and flourish all over the world. Membership Collective Group serves customers worldwide.

(Source: NASDAQ)

General Advice Warning

Any advice/ information provided is general in nature only and does not take into account the personal financial situation, objectives or needs of any particular person.

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ipo IPO Watch

Sentage Holdings Approved For Listing, Prices IPO of 4 Million Shares

The Nasdaq Capital Market has authorised the ordinary shares for listing, and they will begin trading on July 9, 2021 under the ticker code “SNTG.”

Before deducting underwriting discounts and other relevant expenses, the firm intends to receive gross proceeds of US$20.0 million from the Offering.

The business has also given the underwriters a 45-day option to buy up to 600,000 additional ordinary shares at the public offering price, minus underwriting discounts. The Offering is scheduled to close on or around July 13, 2021, if all customary closing conditions are met.

Sentage intends to utilise the money from the offering to acquire businesses and activities that are comparable to its own, as well as general business operations and a loan recommendation fund.

Company Profile

Sentage Holdings Inc. operates as a holding company. The Company, through its subsidiaries, provides financial solutions across consumer loan repayment and collection management, loan recommendation, and prepaid payment network services. Sentage Holdings serves customers in China.

(Source: Rtt News)

General Advice Warning

Any advice/ information provided is general in nature only and does not take into account the personal financial situation, objectives or needs of any particular person.