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