U.S. IPO Weekly Recap｜June Week 2

Capital Owl
Jun 15
2 min read

📈 IPO Momentum Builds: 6 IPOs and 3 SPACs debuted this week, with Chime and Voyager grabbing headlines. The market is heating up with strong investor appetite for growth and tech.

🚀 Highlight #1: Chime Financial (CHYM)

💰 Raised: $864M | 📊 Valuation: $11.4B
👥 8.6M Active Members, 67% use Chime as their main bank
🛍️ 54 avg. monthly transactions/user; 75% are Chime card payments
📈 Revenue growth accelerated to 32% in Q1 2025
🔺 First week performance: +29%🖼️ Visual Idea: Smartphone banking UI overlay on a Chime card + “$864M IPO” badge

🌌 Highlight #2: Voyager Technologies (VOYG)

💰 Raised: $383M | 📊 Valuation: $1.9B
🛰️ Focus: National Defense, Space Systems, and Starlab Space Station
🤝 Clients: NASA, US Air Force, Palantir, Lockheed Martin
📉 Deeply unprofitable, but strong long-term contracts
🔺 First week performance: +75%🖼️ Visual Idea: Futuristic space station mockup with client logos in orbit

🛡️ Highlight #3: Ategrity Insurance (ASIC)

💰 Raised: $113M | 📊 Valuation: $822M
🏢 Serves U.S. SMBs with specialty property (40%) and casualty (60%) insurance
📈 Gross written premiums up 24% in 2024
🔺 First week performance: +39%🖼️ Visual Idea: Split graphic of “Risk” vs “Protection” with Ategrity logo in center

✈️ Highlight #4: AIRO Group (AIRO)

💰 Raised: $60M | 📊 Valuation: $263M
🔄 Segments: Drones, Avionics, Training, e-Air Mobility
📊 Government-heavy revenue, strong 2024 growth
🔺 First week performance: +140%🖼️ Visual Idea: Tactical drone and pilot HUD interface with % gain overlay

🌏 Other Notables:

Vantage (VNTG): $13M raised, Singapore-based shipbroker, +8%
707 Cayman Holdings (JEM): $10M raised, HK apparel supply chain, +41%🖼️ Visual Idea:
Vantage: Ocean tanker with trade lines overlay
JEM: Fashion sketch meets supply chain diagram

🌀 SPACs of the Week:

Blue Water III (BLUWU) – $220M, targeting healthcare
Blue Acquisition (BACCU) – $175M, focusing on manufacturing and data centers
BEST SPAC I (BSAAU) – $55M, consumer goods sector🖼️ Visual Idea: SPAC rocket icons labeled with target industries and raise amounts

📎 Bonus Mention:

JBS (JBS) dual-listed on NYSE via restructuring. World’s largest meat producer edged up +2%.

💡 Want Pre-IPO access before the market reacts? DM us “📩 ACCESS” for vetted early-stage deal flow.