The third quarter finished with 12 IPOs raising $1.2 billion, tied for the most active week of the year. Returns varied, but the group averaged a gain of just 1.0%. Not surprising, SurveyMonkey (SVMK) was the week's top performer,...read more
Capital Bancorp, a community bank serving the Baltimore and Washington, DC MSAs, raised $28 million by offering 2.2 million shares (33% secondary) at $12.50, the low end of the range of $12.50 to $14.50. At IPO, it commands a market value of $170 million....read more
We're looking at as many as 13 IPOs in the upcoming week, raising up to $1.1 billion. Even if 2 are postponed, it will still be the busiest September by IPO count since 2000. The 13 offerings are relatively small: none plan to raise more than $200 million, and...read more
Capital Bancorp, a community bank serving the Baltimore and Washington, DC MSAs, announced terms for its IPO on Monday.
The Rockville, MA-based company plans to raise $30 million by offering 2.2 million shares (33% insider) at a price range of $12.50 to $14...read more
US IPO Weekly Recap: 12 IPOs wrap up active third quarter as SurveyMonkey pops 34%
The third quarter finished with 12 IPOs raising $1.2 billion, tied for the most active week of the year. Returns varied, but the group averaged a gain of just 1.0%. Not surprising, SurveyMonkey (SVMK) was the week's top performer,...read more
Capital Bancorp prices $28 million IPO at $12.50 low end
Capital Bancorp, a community bank serving the Baltimore and Washington, DC MSAs, raised $28 million by offering 2.2 million shares (33% secondary) at $12.50, the low end of the range of $12.50 to $14.50. At IPO, it commands a market value of $170 million....read more
US IPO Week Ahead: 13 IPOs close out 3rd quarter with biotechs, China and SurveyMonkey
We're looking at as many as 13 IPOs in the upcoming week, raising up to $1.1 billion. Even if 2 are postponed, it will still be the busiest September by IPO count since 2000. The 13 offerings are relatively small: none plan to raise more than $200 million, and...read more
Maryland-based Capital Bancorp sets terms for $30 million IPO
Capital Bancorp, a community bank serving the Baltimore and Washington, DC MSAs, announced terms for its IPO on Monday. The Rockville, MA-based company plans to raise $30 million by offering 2.2 million shares (33% insider) at a price range of $12.50 to $14...read more