据知情人士透露，在线人寿保险服务商Ethos Technologies(LIFE.US)已将其美国首次公开募股(IPO)定价 为每股19美元。该定价恰好位于此前公布的18美元至20美元发行区间的中点。据悉，公司在此次IPO中 共发行了1050万股普通股，其中约一半由公司新发，另一半则由现有股东转让，总计募集资金至多 2.105亿美元。 按照19美元的定价计算，Ethos的完全摊薄市值约为13亿美元，虽然相较于2021年由软银愿景基金 (SoftBank Vision Fund)领投时的27亿美元估值有所回落，但在当前的资本市场环境下，该定价反映了投 资者对保险科技领域优质资产的稳健预期。 Ethos计划于2026年1月29日(周四)正式登陆纳斯达克交易所，股票代码定为"LIFE"。 在财务表现方面，Ethos展现出了超越同行初创企业的盈利能力。根据其提交给美国证券交易委员会 (SEC)的招股说明书显示，在截至2025年9月30日的九个月内，公司营收达到2.775亿美元，并实现了 4660万美元的净利润。 这家总部位于加利福尼亚州旧金山的公司成立于2016年，运营着一个数字化平台，该平台集成了人寿保 险的分销、 ...

Company Overview - Ethos Technologies raised approximately $200 million in a U.S. initial public offering (IPO), selling 10.5 million shares at $19 each, which is the midpoint of its targeted range of $18 to $20 per share [1] - The IPO values Ethos at around $1.2 billion based on the number of shares outstanding mentioned in its prospectus [1] - Ethos' revenue increased by roughly 47% to $277.5 million for the nine months ending September 30, compared to $188.4 million in the same period the previous year [4] - The company has activated over 500,000 policies since its inception and had more than 10,000 active selling agents as of September 30 [4] - Ethos' shares will begin trading on Nasdaq under the ticker symbol "LIFE" [4] Industry Insights - The insurance sector has seen a steady demand from IPO investors, with listings reaching a 20-year high on Wall Street in 2025, driven by strong revenue growth and the industry's "tariff-proof" nature [3] - Investor appetite for the life insurance sector has increased due to recurring revenue, resilient consumer demand, and pricing power, even during economic downturns [3] - Listings are anticipated to accelerate in 2026 following a multi-year slowdown, as markets trade at record levels and investor risk appetite improves [2]

Group 1: IPO Market Overview - Last week, two companies and six SPACs completed IPO pricing, indicating a slow IPO market with only two traditional IPOs [1] - BitGo (BTGO) priced its IPO above the expected range, raising $213 million with a market cap of $2.24 billion, but saw a significant drop of 19% in its closing price [1] - EquipmentShare.com (EQPT) raised $747 million at a market cap of $6.72 billion, with a first-day return of 33% [1] Group 2: SPAC Activity - The remaining IPOs were all SPACs, with Helix Acquisition III (HLXC) and Archimedes Tech SPAC Partners III (ARCIU) expanding their issuance sizes [2] - Other newly listed SPACs included Legato Merger IV (LEGO.U), Aldabra 4 Liquidity (ALOVU), Praetorian Acquisition (PTORU), and X3 Acquisition (XCBEU) [2] Group 3: Upcoming IPOs - Four companies are set to go public in the upcoming week, including York Space Systems (YSS), which plans to raise $512 million with a market cap of $4 billion [5] - PicS (PICS) aims to raise $400 million with a market cap of $2.3 billion, providing digital financial services in Brazil [6] - Ethos Technologies (LIFE) plans to raise $200 million with a market cap of $1.31 billion, focusing on life insurance services [7] - Public Policy Holding Company (PPHC) intends to raise $58 million with a market cap of $418 million, offering government relations and consulting services [7]

Summary of Key Points Core Viewpoint - The article discusses recent IPO activities, highlighting eight new stocks that went public, including six SPACs, and outlines upcoming IPO plans for four companies in early 2026. Group 1: Recent IPOs - Eight new stocks were listed last week, with six being SPACs [1] - BitGo (BTGO) raised $223 million by issuing 11.82 million shares at $18 per share [1] - EquipmentShare (EQPT) raised $747 million by issuing 30.5 million shares at $24.5 per share [1] - Other SPACs raised amounts ranging from $150 million to $261 million [1] - Ten companies submitted IPO applications, including two from China [1] Group 2: Upcoming IPOs - Four companies plan to go public in January 2026 [1] - Public Policy Holding Company, Inc. plans to list on NASDAQ under the ticker PPHC, aiming to raise $55.82 million by issuing 4.15 million shares at $13.45 each [2][3] - Picpay Holdings Netherlands B.V. plans to list on NASDAQ under the ticker PICS, with a target of raising approximately $434 million by issuing 22.86 million shares at $16 to $19 each [4][6] - Yellowstone Midco Holdings II/York Space Systems Inc. plans to list on NYSE under the ticker YSS, aiming to raise about $544 million by issuing 16 million shares at $30 to $34 each [7][9] - Ethos Technologies Inc. plans to list on NASDAQ under the ticker LIFE, targeting approximately $211 million by issuing 10.53 million shares at $18 to $20 each [13]

Core Viewpoint - MustGrow Biologics Corp. has successfully closed a non-brokered private placement, raising gross proceeds of $2,000,000 through the sale of 4,000,000 units at a price of $0.50 per unit [1][3] Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant exercisable for 60 months at an exercise price of $0.70 per share [2] - The offering was conducted under the listed issuer financing exemption, allowing it to bypass the prospectus requirement [4] - The securities sold to Canadian residents will not be subject to a hold period under applicable Canadian securities laws [5] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for inventory production of the mustard-derived organic biofertility product TerraSanteTM, inventory for agricultural products via NexusBioAg, and general corporate purposes [3] Group 3: Finder's Fees - Eligible finders received a cash fee of $105,000, which is 6.0% of the gross proceeds, along with 210,000 non-transferable common share purchase warrants [6] - Each Finder's Warrant allows the holder to purchase one share at a price of $0.70 for a period of 60 months, subject to a statutory hold period [6] Group 4: Company Overview - MustGrow Biologics Corp. is focused on providing innovative biological and regenerative agriculture solutions, offering eco-friendly alternatives to synthetic chemicals and fertilizers [8] - The company has a portfolio of approximately 110 patents and aims to drive shareholder value through the commercialization of its intellectual property [8] - MustGrow collaborates with agriculture companies, including Bayer AG, to expand its market presence outside North America [8]

Core Viewpoint - Kootenay Silver Inc. has announced a private placement offering of common shares, aiming to raise approximately C$10 million through the sale of 4,444,445 shares at C$2.25 each [1] Group 1: Offering Details - The engagement letter has been signed with Red Cloud Securities Inc. as the lead underwriter and sole bookrunner for the offering [1] - The offering is structured as a "bought deal" and will generate gross proceeds of approximately C$10,000,001 [1] - An over-allotment option allows underwriters to sell an additional 666,667 shares for up to approximately C$1,500,001 in gross proceeds [1]

Core Viewpoint - Nine Mile Metals Ltd. has successfully closed a private placement, raising gross proceeds of $4,631,250 through the issuance of 24,374,997 units at a price of $0.19 per unit, indicating strong investor interest and an oversubscribed offering [1][3]. Financing Details - Each unit consists of one common share and one common share purchase warrant, with the warrant exercisable at $0.30 for two years [2]. - The company has also received over $1 million from the exercise of warrants in recent weeks, positioning it strongly for growth over the next 24 months [3]. Use of Proceeds - The proceeds from the offering will be allocated towards exploration activities and related expenses on critical minerals projects in the Bathurst Mining Camp, as well as general and administrative obligations [6]. Finder's Fees - In connection with the offering, the company paid finder’s fees totaling $279,667.52 and issued 1,471,934 finders warrants, which are also exercisable for two years at a price of $0.19 [5]. Company Overview - Nine Mile Metals Ltd. is focused on VMS (Cu, Pb, Zn, Ag, and Au) exploration in the Bathurst Mining Camp, New Brunswick, with a strategic emphasis on minerals essential for technology and green technologies [8].

Company Overview - Ethos Technologies Inc. is an insurance platform based in San Francisco, aiming to raise approximately $211 million in an initial public offering (IPO) [1] - The company allows users to find and sign up for life insurance policies without a medical exam in just 10 minutes [3] IPO Details - Ethos plans to market 10.5 million shares priced between $18 to $20 each, with the IPO expected to price on January 28 [1][2] - At the top of the pricing range, Ethos would achieve a market value of $1.3 billion based on outstanding shares [2] Financial Performance - For the nine months ending September 30, Ethos reported a net income of $46.6 million on revenue of $277.5 million, compared to a net income of $39.3 million on revenue of $188.4 million in the same period the previous year [4] Shareholder Structure - Sequoia Capital holds 36% of the voting power, followed by Accel with 21%, and co-founders Peter Colis and Lingke Wang with 20% and 19% respectively [4] - Google Ventures controls 22% of the class A shares, while SoftBank holds 12% [4] Market Context - Ethos is following several US-based insurance-sector companies that have gone public recently, including Neptune Insurance Holdings Inc., Slide Insurance Holdings Inc., and Aspen Insurance Holdings Ltd. [5] - The IPO is being led by Goldman Sachs Group Inc. and JPMorgan Chase & Co., with plans for shares to trade on the Nasdaq Global Select Market under the symbol LIFE [5]

Group 1: IPO Details - Ethos has launched its IPO roadshow, aiming for a valuation of up to $1.3 billion and plans to raise up to $211 million by offering approximately 10.5 million shares [1][2] - The price range for the offering is set at $18–20 per share, with Ethos directly offering 5.1 million shares while investors like Alphabet's GV and General Catalyst will divest around 5.4 million shares [2] - The IPO is being managed by Goldman Sachs & Co. and J.P. Morgan as lead book-runners, with additional support from BofA Securities, Barclays, Citigroup, and Deutsche Bank Securities [5] Group 2: Company Operations - Ethos operates a technology platform that streamlines various aspects of life insurance operations, including distribution, underwriting, activation, payments, and administration [3] - The company's underwriting engine utilizes predictive analytics and data feeds for risk assessment and policy issuance, and it also offers life insurance products along with services related to wills and estate planning [4] Group 3: Use of Proceeds - Funds raised from the IPO will be used to strengthen the company's capital position and support its public listing, with some proceeds allocated to meet tax obligations related to restricted stock units [4][5] - Remaining capital may be used for general business purposes, including potential acquisitions or strategic investments if suitable opportunities arise [5]

Core Viewpoint - Ethos Technologies, an online life insurance transaction and analysis platform, announced its initial public offering (IPO) terms, aiming to raise $200 million by offering 10.5 million shares at a price range of $18 to $20 per share [1] Company Overview - Ethos was founded in 2016 and is headquartered in San Francisco, California [1] - The company operates a digital platform that integrates sales, underwriting, policy issuance, payment, and management of life insurance [1] - As of September 30, 2025, the platform has activated 480,000 policies [1] Financial Performance - For the 12 months ending September 30, 2025, the company reported revenue of $344 million [1] IPO Details - The company plans to list on the NASDAQ under the ticker symbol "LIFE" [1]