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CRDO News

Back so soon? Early lock-up provisions return to the IPO market with VC-backed tech

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Instacart (CART) and Klaviyo (KVYO) are bringing back more than just VC-backed tech. In addition to being the first US tech unicorns to go public since 2021, the grocery delivery platform and marketing SaaS company both...read more

Several large tech names are eyeing 2023 IPOs; here's how recent tech listings have fared

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Large tech issuers effectively disappeared from the US IPO market in 2022 as the sector crumbled in the global sell-off. Over the past few months, returns from recent tech IPOs have started to recover, leading several notable tech names to prepare for possible...read more

Updated: Renaissance Capital's 2022 US IPO Market Review

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The IPO Market Flips from Boom to Bust in 2022 After the prior year’s record activity, the 2022 US IPO market ground to a halt as the war in Ukraine, a valuation correction in high-multiple...read more

Nearly 90% of 2022's large IPOs are trading above issue

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While market conditions are still keeping the IPO window mostly closed, the year's large issuers are finding support, especially over the past few months. Excluding high-flying outlier HKD, just 15 IPOs have raised $100 million or more in 2022, and 13 (87%)...read more