Boardroom Alpha Digest: Thurs, Mar 9

by | Mar 9, 2023

Executive News

  • Biogen Inc. (BIIB) chairman Stelios Papadopoulos will not stand for reelection at the annual meeting, and Caroline D. Dorsa will take over as board chair
  • Perimeter Solutions (PRM) announced he appointment of Haitham Khouri as its new CEO. He replaces Edward Goldberg who is transitioning to Vice Chair
  • Coupang (CPNG) added Ambereen Toubassy to its Board

IPOs

  • Atlas Energy Solutions Inc. (AESI) shares began trading after pricing its $324M IPO. Shares opened at $17.5, below its $18 offer price, and closed at $16.95
  • After announcing that its $9.1M IPO had priced, baby goods retailer PishPosh (BABY)‘s underwriters postponed the deal due to tepid demand. PishPosh has said it will continue to pursue an IPO at a later date.

SPACs

  • Apeiron Capital Investment Corp. (APN) entered into a business combination agreement with GIO World Health
  • Pine Technology Acquisition Corp. (PTOC) announced it would liquidate on 3/10

SPAC Calendar

Recent Analysis

Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon. 

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