The third quarter finished with 12 IPOs raising $1.2 billion, tied for the most active week of the year. Returns varied, but the group averaged a gain of just 1.0%. Not surprising, SurveyMonkey (SVMK) was the week's top performer,...read more
CooTek, which provides mobile keyboard software and other mobile apps, raised $52 million by offering 4.4 million shares at $12, the low end of the range of $12 to $14. CooTek plans to list on the NYSE under the symbol CTK. Credit Suisse, BofA Merrill Lynch...read more
We're looking at as many as 13 IPOs in the upcoming week, raising up to $1.1 billion. Even if 2 are postponed, it will still be the busiest September by IPO count since 2000. The 13 offerings are relatively small: none plan to raise more than $200 million, and...read more
CooTek, a Chinese provider of mobile keyboard software, announced terms for its IPO on Wednesday. The Shanghai, China-based company plans to raise $57 million by offering 4.35 million ADSs at a price range of $12 to $14. Insiders intend to purchase $10...read more
US IPO Weekly Recap: 12 IPOs wrap up active third quarter as SurveyMonkey pops 34%
The third quarter finished with 12 IPOs raising $1.2 billion, tied for the most active week of the year. Returns varied, but the group averaged a gain of just 1.0%. Not surprising, SurveyMonkey (SVMK) was the week's top performer,...read more
Mobile software provider CooTek prices US IPO at $12, the low end of the range
CooTek, which provides mobile keyboard software and other mobile apps, raised $52 million by offering 4.4 million shares at $12, the low end of the range of $12 to $14. CooTek plans to list on the NYSE under the symbol CTK. Credit Suisse, BofA Merrill Lynch...read more
US IPO Week Ahead: 13 IPOs close out 3rd quarter with biotechs, China and SurveyMonkey
We're looking at as many as 13 IPOs in the upcoming week, raising up to $1.1 billion. Even if 2 are postponed, it will still be the busiest September by IPO count since 2000. The 13 offerings are relatively small: none plan to raise more than $200 million, and...read more
Cool tech: China's CooTek sets terms for $57 million US IPO
CooTek, a Chinese provider of mobile keyboard software, announced terms for its IPO on Wednesday. The Shanghai, China-based company plans to raise $57 million by offering 4.35 million ADSs at a price range of $12 to $14. Insiders intend to purchase $10...read more