The IPO Buzz: Alliance Laundry Holdings & Phoenix Education Partners
Do your laundry, do your homework: Alliance Laundry Holdings (ALH Proposed), the parent company behind Speed Queen and other brands of commercial washers and dryers, and Phoenix Education Partners (PXED Proposed), the company that owns the online University of Phoenix, are on the IPO marquee for the first full week of October. It’s an abbreviated calendar – curtailed by last week’s shutdown of the U.S. government. The SEC is operating with a scaled-back staff.
A large SPAC – GigCapital8 Corp. (GIWWU) – is expected to make its debut today as well. Dr. Avi Katz, a SPAC industry veteran, is the CEO of GigCapital8. The special-purpose acquisition company raised $220 million. The aerospace and defense industry, cybersecurity, AI (artificial intelligence) and ML (machine learning) are among the sectors that GigCapital8 will consider in its search for a target company, the prospectus said.
The rest of this week’s IPO Calendar – and next week’s as well, for the most part – consists of small IPOs. Many are still waiting to receive final regulatory approval.
Alliance Laundry Holdings (ALH proposed), based in Ripon, Wisconsin, aims to raise $700 million. Most of the IPO’s proceeds are earmarked to pay off some debt. The company traces its roots to 1908 with the introduction of the first hand-operated washing machine.
Phoenix Education Partners, based in Phoenix, Arizona, intends to return to life as a publicly traded company with this $136 million IPO. The company was taken private in 2017 in a transaction valued at $1.1 billion, according to Bloomberg. All of the stock in Phoenix Education Partners’ IPO is being offered by two private equity firms that are also existing shareholders – Apollo Global Management and Vistria Group.
The company is the parent of the University of Phoenix, which was founded in 1976. The online school caters to working adults – and 71 percent of its students are women, the prospectus said.
Source: https://www.iposcoop.com/the-ipo-buzz-alliance-laundry-holdings-phoenix-education-partners/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
