Renaissance Capital logo

APLS News

US IPO Weekly Recap: 10 companies go public in the busiest week of 2017

CBTX

Ten companies raised a combined $1.6 billion in the most active week of the 2017 IPO market. Texas community bank CBTX took the top spot with a 10% pop, which is still below the long term historical average of 13%. The week featured three...read more

Apellis Pharmaceuticals prices IPO at $14, within the range

Apellis Pharmaceuticals logo

Apellis Pharmaceuticals, which is developing a novel protein inhibitor for eye and blood diseases, raised $150 million by offering 10.7 million shares at $14, within the range of $13 to $15. Apellis Pharmaceuticals plans to list on the Nasdaq under the symbol...read more

US IPO Week Ahead: China's #2 search engine leads busiest week of 2017 with 11 IPOs

SOGO

An active 4Q17 powers ahead with 11 IPOs scheduled to raise $2.0 billion in the coming week. That would make it the IPO market's busiest week of the year. The activity level is unsurprising given the 32 new filings in October, a two-year high. We also expect a...read more

Immunotherapy biotech Apellis Pharmaceuticals sets terms for $150 million IPO

Apellis Pharmaceuticals logo

Apellis Pharmaceuticals, which is developing a novel protein inhibitor for autoimmune and inflammatory diseases, announced terms for its IPO on Monday. The Crestwood, KY-based company plans to raise $150 million by offering 10.7 million shares at a price...read more