After the IPO market's slowest first quarter in six years, eight IPOs raised $725 million in April, a 75% y/y decline in deal count and a 94% decline in proceeds. Just two IPOs raised more than $100 million as the year's micro-cap boom continued. While the...read more
Three IPOs debuted this past week, led by LNG services provider Excelerate Energy (EE), which completed the first $100+ million US IPO in over two months.Excelerate Energy (EE) priced at the high end to raise $384 million at a $2.5 billion market cap. The...read more
Applied Blockchain, which is building data centers leased to crypto miners, raised $40 million by offering 8.0 million shares at $5, below the downwardly revised range of $6 to $8. The company raised $20 million less in proceeds and sold 0.6 million fewer...read more
Updated: Renaissance Capital's 2Q 2022 US IPO Market Review
US IPO Market Posts Its Slowest 2Q Since the Great...read more
Renaissance Capital's April IPO Market Update
After the IPO market's slowest first quarter in six years, eight IPOs raised $725 million in April, a 75% y/y decline in deal count and a 94% decline in proceeds. Just two IPOs raised more than $100 million as the year's micro-cap boom continued. While the...read more
US IPO Weekly Recap: Excelerate Energy headlines the short 3 IPO week
Three IPOs debuted this past week, led by LNG services provider Excelerate Energy (EE), which completed the first $100+ million US IPO in over two months.Excelerate Energy (EE) priced at the high end to raise $384 million at a $2.5 billion market cap. The...read more
Applied Blockchain prices Nasdaq uplisting at $5, below the downwardly revised range
Applied Blockchain, which is building data centers leased to crypto miners, raised $40 million by offering 8.0 million shares at $5, below the downwardly revised range of $6 to $8. The company raised $20 million less in proceeds and sold 0.6 million fewer...read more