Six IPOs raised $1.4 billion in the past week. The average deal priced 16% below its proposed midpoint, and the week's three large offerings each came in well below the range. The price cuts were enough for an average gain of 5%.
While there were no notable...read more
ASV Holdings, which designs and manufactures loader equipment under ASV, Terex and CAT brands, raised $27 million by offering 3.8 million shares at $7, below the range of $8 to $10. At the IPO price, ASV commands a market value of $69 million. ASV Holdings plans...read more
Seven deals are on the IPO calendar to raise $1.7 billion in week ahead. Industrial parts manufacturer Gardner Denver leads the pack with a $1.0 billion offering...read more
ASV Holdings, which designs and manufactures loader equipment under ASV, Terex and CAT brands, announced terms for its IPO on Wednesday. The Grand Rapids, MN-based company plans to raise $34 million by offering 3.8 million shares (53% insider) at a price...read more
US IPO Weekly Recap: 6 IPOs face heavy valuation cuts and gain 5%
Six IPOs raised $1.4 billion in the past week. The average deal priced 16% below its proposed midpoint, and the week's three large offerings each came in well below the range. The price cuts were enough for an average gain of 5%. While there were no notable...read more
Dirt cheap: loader equipment manufacturer ASV Holdings prices IPO at $7, below the range
ASV Holdings, which designs and manufactures loader equipment under ASV, Terex and CAT brands, raised $27 million by offering 3.8 million shares at $7, below the range of $8 to $10. At the IPO price, ASV commands a market value of $69 million. ASV Holdings plans...read more
US IPO Week Ahead: Gardner Denver's $1 billion IPO leads week with 7 offerings
Seven deals are on the IPO calendar to raise $1.7 billion in week ahead. Industrial parts manufacturer Gardner Denver leads the pack with a $1.0 billion offering...read more
Loading up: loader equipment manufacturer ASV Holdings sets terms for $34 million IPO
ASV Holdings, which designs and manufactures loader equipment under ASV, Terex and CAT brands, announced terms for its IPO on Wednesday. The Grand Rapids, MN-based company plans to raise $34 million by offering 3.8 million shares (53% insider) at a price...read more