Last week, IPO issuers were challenged by investor selectivity and pricing discipline. Half of the week’s eight deals were priced below the range, and three early-stage health care companies postponed their IPOs. Online textbook rental company Chegg...read more
Chegg, a leading online textbook rental and educational resource platform company, raised $188 million by offering 15 million shares at $12.50, above the $9.50 to $11.50 range. At its offer price, the company will command a fully diluted market of $1.1 billion...read more
A week with nine US IPOs pushed 2013's total proceeds raised to $43.4 billion, ahead of 2012's $42.4 billion and trailing only 2007’s $48.7 billion for the highest total since the tech bubble. October ended with 30 pricings (and 30 filings), putting 2013,...read more
US IPO Recap: IPO count rises above 200
Last week, IPO issuers were challenged by investor selectivity and pricing discipline. Half of the week’s eight deals were priced below the range, and three early-stage health care companies postponed their IPOs. Online textbook rental company Chegg...read more
Chegg prices IPO at $12.50, above the range
Chegg, a leading online textbook rental and educational resource platform company, raised $188 million by offering 15 million shares at $12.50, above the $9.50 to $11.50 range. At its offer price, the company will command a fully diluted market of $1.1 billion...read more
12 US IPOs planned for the week of Nov 11
The following IPOs are expected to price this week: CardioDx (CDX), which sells diagnostic tests for cardiovascular diseases, plans to raise $75 million by offering 5.0...read more
US IPO Recap: 2013 passes 2012 in proceeds raised
A week with nine US IPOs pushed 2013's total proceeds raised to $43.4 billion, ahead of 2012's $42.4 billion and trailing only 2007’s $48.7 billion for the highest total since the tech bubble. October ended with 30 pricings (and 30 filings), putting 2013,...read more