The IPO market remained active this past week as seven IPOs raised $2.1 billion. SPAC activity kept steady with 10 blank check IPOs raising $1.6 billion. New filers continued to pour into the IPO pipeline, with 12 IPOs and nine SPACs submitting initial filings. ...read more
AvidXchange, which provides a billing and payments software platform to mid-market businesses, raised $660 million by offering 26.4 million shares at $25, the high end of the upwardly revised range of $23 to $25. The company offered 4.4 million more shares than...read more
The Fall IPO market is expected to stay busy with eight IPOs schedule to raise $1.9 billion in the week ahead. Software development platform GitLab (GTLB) plans to raise $598 million at a $9.4 billion market cap. This founder-led company...read more
AvidXchange, which provides a billing and payments software platform to mid-market businesses, raised the proposed deal size for its upcoming IPO on Friday. The Charlotte, NC-based company now plans to raise $528 million by offering 22 million shares at a price...read more
US IPO Weekly Recap: DevOps platform GitLab leads a 7 IPO week
The IPO market remained active this past week as seven IPOs raised $2.1 billion. SPAC activity kept steady with 10 blank check IPOs raising $1.6 billion. New filers continued to pour into the IPO pipeline, with 12 IPOs and nine SPACs submitting initial filings. ...read more
B2B payments platform AvidXchange prices upsized IPO at $25, the high end of the upwardly revised range
AvidXchange, which provides a billing and payments software platform to mid-market businesses, raised $660 million by offering 26.4 million shares at $25, the high end of the upwardly revised range of $23 to $25. The company offered 4.4 million more shares than...read more
US IPO Week Ahead: Software, payments, telecom towers, and more in an 8 IPO week
The Fall IPO market is expected to stay busy with eight IPOs schedule to raise $1.9 billion in the week ahead. Software development platform GitLab (GTLB) plans to raise $598 million at a $9.4 billion market cap. This founder-led company...read more
B2B payments platform AvidXchange raises range to $23 to $25 ahead of $528 million IPO
AvidXchange, which provides a billing and payments software platform to mid-market businesses, raised the proposed deal size for its upcoming IPO on Friday. The Charlotte, NC-based company now plans to raise $528 million by offering 22 million shares at a price...read more