Patrick Galley News Today

Patrick Galley, CEO and CIO of RiverNorth Capital Management, on why there is still money to be made from SPACs.

Activity was particularly buoyant in Asia, where regional exchanges accounted for nearly 80 per cent of new share sales in April

HONG KONG: The global market for initial public offerings (IPOs) is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in Asia.

Roughly $25 billion worth of IPOs priced globally in March and April, nearly twice the amount seen in the first two months of the year when listings virtually ground to a halt.

The global market for initial public offerings is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for…

Amount raised in March-April double that of January - February

Roughly $25 billion worth of IPOs priced globally in March and April, nearly twice the amount seen in the first two months of the year when listings virtually ground to a halt

The RiverNorth Closed-End Funds 1 are pleased to announce that Lisa Mougin has been appointed to the Board of Directors of each Fund as an independent director, effective immediately. Ms. Mougin is... | November 18, 2022

By Paul R. La Monica, CNN Business The market for new stocks continues to sizzle — with no signs of a slowdown for initial public offerings or special purpose acquisition company mergers.

Share via Shortlink From left: Fifth Wall’s Brendan Wallace, Tishman Speyer’s Rob Speyer, Social Capital’s Chamath Palihapitiya, Cantor Fitzgerald’s Howard Lutnick, Pershing Square Capital’s Bill Ackman and Opendoor’s Eric Wu When Fifth Wall Ventures decided to jump into the SPAC market in January, it targeted a raise of $250 million to take a startup public. Within three weeks, it upsized the offering — twice — before the new blank-check firm closed its $345 million IP...