The IPO market is expected to take a break during the shortened Thanksgiving week, with just one IPO on the calendar for the coming week. However, there is still a possibility that a handful of SPACs will price during the week. Though the market may get some respite launches and pricings, we will be on the lookout for filings during the holiday week as companies gear up to go public before the end of the year.
Holdover Austin Gold(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.