Seven IPOs and Two SPACs Filed in Short Holiday Week, Including Microcap Issuers
This week, seven IPOs and two SPACs submitted filings, with no pricings occurring. All IPO filings were from microcap issuers, including direct listings from Virtuix Holdings (VTIX), a VR-integrated treadmill maker, and QumulusAI (QMLS), a cloud computing services provider.
Abony Acquisition I and Illumination Acquisition I SPACs are targeting the defense, advanced computing, software, and media sectors, each seeking $200 million. Potential launches include EquipmentShare.com (equipment rental), Motive Technologies (fleet software), Aktis Oncology (biotech), ARKO Petroleum (fuel), and MiniMed (medical devices). Additionally, Libera Gaming Operations aims to raise $6 million at a $61 million market cap, operating 11 pachinko gaming halls in Japan.
