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VIK

Renaissance Capital's April IPO Market Update

Eighteen IPOs raised a combined $5.3 billion in April, above the 10-year historical average by deal count and proceeds (16 IPOs, $3.7B). It was the busiest month for both overall new issuance and $100+ million IPOs since November 2021. Nine deals raised $100 million or more, led by the billion-dollar offering of cruise operator Viking (VIK). Large VC-backed tech...read more

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Ticker Company Ticker
Trade
Date
Shares (M) Price Range Deal Size ($M) Underwriters
VIK Viking VIK 00/00/00 64.0 $21.00 - $25.00 $1,537 BofA
JP Morgan
SOWG Sow Good SOWG 00/00/00 .9 $17.50 - $17.50 $15 Roth Cap.
Craig-Hallum
KMCM Key Mining KMCM 00/00/00 4.4 $2.25 - $2.25 $10 EF Hutton

IPO ETF

NEW STOCKS ONLY
(Avg. Age 2.2 Years)

0.1%
overlap*

S&P 500

OLDER STOCKS
(Avg. Age 43 Years)

*By Weight, as of 01/01/2024

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The IPO ETF has almost NO Overlap with the S&P 500

The IPO ETF only contains New Stocks

How to Invest
Ticker Company Ticker Offer Date Deal Size ($M) Current Price Today's Change Return from IPO
VIK Viking VIK 04/30/24 $1,537 $26.10
$+2.10
(8.8%)
8.8%
LOAR Loar Holdings LOAR 04/24/24 $308 $49.03
$-3.29
(-6.3%)
75.1%
MRX Marex Group MRX 04/24/24 $292 $19.00
$-0.26
(-1.4%)
0.0%

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IPO Proceeds Raised

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