US IPO Weekly Recap: Blockbuster IPO week sees nearly $6 billion raised, led by cold storage REIT Lineage
Summary
Its network comprises 482 warehouses predominantly located in densely populated critical-distribution markets, with 312 in North America, 82 in Europe, and 88 in Asia-Pacific. Health services provider Concentra (CON) priced near the low end of the range to raise $529 million at a $3.0 billion market cap. Concentra boasts a network of approximately 11,000 colleagues and affiliated physicians and clinicians, who served more than 50,000 patients on average each business day in 2023. Operating through its subsidiary BloomZ Japan, the company is currently engaged in three lines of business: audio production, management of virtual animated characters known as “VTubers”, and voice actor workshops. The sole SPAC to price this past week was DT Cloud Star Acquisition (DTSQU), which is led by an executive from CITIC Securities.