Ozon Holdings, a Russian online retailer, raised $990M in its initial public offering in the U.S., with shares rising as much as 42% in their first trading day. Ozon is the first Russian IPO to list on U.S. domestic exchanges since May of last year. Meanwhile, Vision Marine Technologies soared 72% in its debut on Wednesday.

LATEST IPOS:

HF Enterprises (HFEN) opened on November 24 at $6.80. The company had priced its initial public offering of 2.16M shares of its common stock at a public offering price of $7.00 per share. Aegis Capital acted as lead bookrunning manager. HF Enterprises is a holding company principally engaged through its subsidiaries in property development, digital transformation technology and biohealth activities.

Ozon (OZON) opened on November 24 a $42.30 per American Depositary Share, or ADS. The company had priced 33M ADSs at $30.00. The deal size was increased to 33M shares of common stock from 30M shares of common and priced above the $22.50-$27.50 range. Morgan Stanley, Goldman Sachs, Citi and UBS acted as joint book running managers for the offering. Ozon Holdings is a Russian online retailer.

Vision Marine Technologies (VMAR) opened on November 24 at $11.03. The company had priced 2.4M shares at $10.00. ThinkEquity acted as sole book running manager for the offering. Vision Marine Technologies designs and manufactures electric outboard powertrains for marine use.

SPAC IPOS:

Forest Road Acquisition (FRX) opened on November 25 at $10.35. The blank check company had priced its upsized initial public offering of 26.1M units at $10.00 per unit. Forest Road Acquisition currently intends to concentrate its search for a target business operating in the technology, media and telecommunications space.

Spartan Acquisition Corp. II (SPRQ) opened on November 25 at $10.24. The blank check company had priced its initial public offering of 30M units at $10.00 per unit. Spartan Acquisition Corp. II intends to focus its search for a target business in the energy value chain in North America. The company is sponsored by Spartan Acquisition Sponsor II, which is owned by a private investment fund managed by an affiliate of Apollo Global Management (APO).