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CERC News

US IPO Weekly Recap: Year's largest IPO First Data raises $2.6 billion and falls flat

FDC

The bigger they are, the harder they fall - and the more notable their absence. First Data raised $2.6 billion in the year's largest IPO, but broke issue on the first day. Two small biotechs priced IPOs that were 1/100th the size of First Data's offering....read more

Depression biotech Cerecor prices downsized IPO at $6.50, within the range

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Cerecor, which is developing a novel adjunct therapy for major depressive disorder, raised $26 million by offering 4.0 million shares at $6.50, within the range of $6 to $7. In its prior amendment, Cerecor had disclosed that it would be offering 4.23...read more

Week ahead: Fourth quarter kicks off with 11 IPOs set for the week of October 5

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As many as 11 companies could go public this week, including the year's largest IPO (Digicel) and the fastest-growing company (Pure Storage). Both have proposed market caps of more than $3.5 billion, while six others target valuations of $300 million or...read more

US IPO Weekly Recap: Only five deals get done after massive valuation cuts

CERCU

Home, home below the range: all five deals this week priced below the range.  There were eleven companies on the IPO calendar this week, but only five were ...read more