November kicked off with a 12 IPO week and shoe brand Allbirds (BIRD) was at the front of the flock, posting a first-day pop of 93%. 23 SPACs also went public. New issuers continued to join the pipeline, with five IPOs and 13 SPACs submitting...read more
Claros Mortgage Trust, a commercial mortgage REIT focused on transitional commercial real estate assets, raised $103 million by offering 5.5 million shares at $18.65, the low end of the range of $18.65 to $19.65. The company offered 1.5 million fewer shares than...read more
Updated Monday, 11/1. The IPO market has seen double digit offerings for the past two weeks, and is scheduled to continue its streak, with 13 IPOs expected to raise $2.7 billion. Drug discovery company Evotec (EVO) plans to raise...read more
Claros Mortgage Trust, a commercial mortgage REIT focused on transitional commercial real estate assets, announced terms for its IPO on Tuesday. The New York, NY-based company plans to raise $134 million by offering 7 million shares at a price range of $18.65...read more
US IPO Weekly Recap: Allbirds spreads its wings and soars 93% in a 12 IPO week
November kicked off with a 12 IPO week and shoe brand Allbirds (BIRD) was at the front of the flock, posting a first-day pop of 93%. 23 SPACs also went public. New issuers continued to join the pipeline, with five IPOs and 13 SPACs submitting...read more
Commercial mortgage REIT Claros Mortgage Trust prices downsized IPO at $18.65 low end
Claros Mortgage Trust, a commercial mortgage REIT focused on transitional commercial real estate assets, raised $103 million by offering 5.5 million shares at $18.65, the low end of the range of $18.65 to $19.65. The company offered 1.5 million fewer shares than...read more
US IPO Week Ahead: Steady IPO deal flow set to continue with 13 IPOs slated for next week
Updated Monday, 11/1. The IPO market has seen double digit offerings for the past two weeks, and is scheduled to continue its streak, with 13 IPOs expected to raise $2.7 billion. Drug discovery company Evotec (EVO) plans to raise...read more
Commercial mortgage REIT Claros Mortgage Trust sets terms for $134 million IPO
Claros Mortgage Trust, a commercial mortgage REIT focused on transitional commercial real estate assets, announced terms for its IPO on Tuesday. The New York, NY-based company plans to raise $134 million by offering 7 million shares at a price range of $18.65...read more