Infraredx, which markets a FDA-cleared optical catheter that identifies lipid core coronary plaques, withdrew its plans for an initial public offering on Friday citing poor market conditions. It had planned to raise $56 million at a market cap of $214...read more
Ten IPOs raised $1.2 billion in a week dominated by eight health care IPOs and distinguished by two deals that gained over 100% on the first day - fast casual burger chain Shake Shack and gene therapy biotech Spark Therapeutics. There were more health care IPOs...read more
Avinger, which sells an image-guided, catheter-based system to treat peripheral arterial disease, raised $65 million by offering 5 million shares (upsized from 4.6 million shares) at $13, the midpoint of the $12 to $14. Avinger plans to list on the NASDAQ under...read more
Twelve IPOs are set to raise $1 billion in the upcoming week, which would make it the busiest five-day stretch for IPOs since the week of July 28. Shake Shack's IPO offers investors a chance to own a fast-growing fast casual concept based in New York. Ten of the...read more
Catheter maker Infraredx withdraws $56 million IPO
Infraredx, which markets a FDA-cleared optical catheter that identifies lipid core coronary plaques, withdrew its plans for an initial public offering on Friday citing poor market conditions. It had planned to raise $56 million at a market cap of $214...read more
US IPO Weekly Recap: Shake Shack and Spark spike over 100% in a week with 10 IPOs
Ten IPOs raised $1.2 billion in a week dominated by eight health care IPOs and distinguished by two deals that gained over 100% on the first day - fast casual burger chain Shake Shack and gene therapy biotech Spark Therapeutics. There were more health care IPOs...read more
Avinger prices upsized IPO at the $13 midpoint
Avinger, which sells an image-guided, catheter-based system to treat peripheral arterial disease, raised $65 million by offering 5 million shares (upsized from 4.6 million shares) at $13, the midpoint of the $12 to $14. Avinger plans to list on the NASDAQ under...read more
Week ahead: IPO market gains momentum with 12 deals including Shake Shack and health care
Twelve IPOs are set to raise $1 billion in the upcoming week, which would make it the busiest five-day stretch for IPOs since the week of July 28. Shake Shack's IPO offers investors a chance to own a fast-growing fast casual concept based in New York. Ten of the...read more