The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for the Renaissance IPO ETF (Ticker: IPO), will implement the following constituent changes at the market’s close on Friday, December 19, 2014: Additions: LendingClub LC (LC) ...read more
Six US IPOs were able to raise $970 million last week including two $330 million + deals. Three IPOs offered double-digit first-day pops, including e-commerce platform ChannelAdvisor (32%), which continued a streak of ten consecutive enterprise software...read more
Constellium, an Apollo/Rio Tinto-backed manufacturer of semi-fabricated aluminum products, raised $333 million by offering 22.2 million shares (40% from selling shareholders) at $15, below the range of $17 to $19. The deal size was originally expected to be 50% ...read more
The following IPOs are expected to price this week: Alcobra (ADHD), an Israeli drug company developing a non-stimulant ADHD treatment, plans to raise $25 million by offering 2.3 million shares at a price range of $10.00 to $12.00. At the midpoint of...read more
Renaissance IPO Index - Notice of December 2014 Quarterly Changes
The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for the Renaissance IPO ETF (Ticker: IPO), will implement the following constituent changes at the market’s close on Friday, December 19, 2014: Additions: LendingClub LC (LC) ...read more
US IPO Recap: IPO market continues torrid pace with six pricings, 12 new filers
Six US IPOs were able to raise $970 million last week including two $330 million + deals. Three IPOs offered double-digit first-day pops, including e-commerce platform ChannelAdvisor (32%), which continued a streak of ten consecutive enterprise software...read more
Constellium prices IPO at $15, below the range
Constellium, an Apollo/Rio Tinto-backed manufacturer of semi-fabricated aluminum products, raised $333 million by offering 22.2 million shares (40% from selling shareholders) at $15, below the range of $17 to $19. The deal size was originally expected to be 50% ...read more
6 US IPOs planned for the week of May 20
The following IPOs are expected to price this week: Alcobra (ADHD), an Israeli drug company developing a non-stimulant ADHD treatment, plans to raise $25 million by offering 2.3 million shares at a price range of $10.00 to $12.00. At the midpoint of...read more