Five IPOs and two SPACs went public in the week of May 10, 2021 led by iPower (NASDAQ: IPW), an online hydroponic equipment supplier, raised $17 million at a $128 million market cap and finished 16% above its IPO price.

Cross border E-commerce platform provider, Global-E Online (NASDAQ: GLBE) raised $375 million at a $4,140 million market cap and finished 7% above its IPO price.

Fusion proteins for immunological diseases developer, Vera Therapeutics (NASDAQ: VERA) raised $48 million at a $244 million market cap and finished 5% above its IPO price.

Freemium platform for website traffic analytics provider, Similarweb (NYSE: SMWB) raised $176 million at a $1,861 million market cap and finished 3% below its IPO price.

Canadian developer of low-cost cannabis products in Colombia, Flora Growth (NASDAQ: FLGC) raised $17 million at a $249 million market cap and finished 19% below its IPO price.

The two SPACs went public this past week are:

1.      Orion Biotech Opp. (biotech and life science sectors SPAC)

2.      Osiris Acquisition (no selected target industry)

Together, all the SPACs raised a total of 430 million.

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