Continuing the recent trend, four out of five deals priced below the range. This week, five companies raised $765 million, pricing an average of 19% below their proposed midpoints. All four deals that priced below traded up, popping 10% on...read more
Allegiance Bancshares, a commercial bank with 16 locations in Houston and $2 billion in assets, raised $55 million by offering 2.6 million shares at $21, below the range of $22 to $24. Allegiance Bancshares plans to list on the Nasdaq under the symbol ABTX....read more
As many as 11 companies could go public this week, including the year's largest IPO (Digicel) and the fastest-growing company (Pure Storage). Both have proposed market caps of more than $3.5 billion, while six others target valuations of $300 million or...read more
Allegiance Bancshares, a commercial bank with 16 locations in Houston and $2 billion in assets, announced terms for its IPO on Monday.
The Houston, TX-based company plans to raise $60 million by offering 2.6 million shares at a price range of $22 to $24. At...read more
US IPO Weekly Recap: Cut the offer price for positive returns
Continuing the recent trend, four out of five deals priced below the range. This week, five companies raised $765 million, pricing an average of 19% below their proposed midpoints. All four deals that priced below traded up, popping 10% on...read more
Allegiance Bancshares prices IPO at $21.00, below the range
Allegiance Bancshares, a commercial bank with 16 locations in Houston and $2 billion in assets, raised $55 million by offering 2.6 million shares at $21, below the range of $22 to $24. Allegiance Bancshares plans to list on the Nasdaq under the symbol ABTX....read more
Week ahead: Fourth quarter kicks off with 11 IPOs set for the week of October 5
As many as 11 companies could go public this week, including the year's largest IPO (Digicel) and the fastest-growing company (Pure Storage). Both have proposed market caps of more than $3.5 billion, while six others target valuations of $300 million or...read more
Roadshow begins for Texas bank: Allegiance Bancshares sets terms for $60 million IPO
Allegiance Bancshares, a commercial bank with 16 locations in Houston and $2 billion in assets, announced terms for its IPO on Monday. The Houston, TX-based company plans to raise $60 million by offering 2.6 million shares at a price range of $22 to $24. At...read more