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DAO News

US IPO Week Ahead: Another quiet week for the IPO market with 1 biotech

WIMI

Updated on Monday, April 20, 2020. One biotech IPO is scheduled for the week ahead, and pipeline activity indicates that a few more may be on the way. ORIC Pharmaceuticals (ORIC), a Phase 1 biotech developing small molecule therapies for...read more

Chinese IPOs spook investors as Friday's 3 deals average a -20% loss

Youdao logo

Three Chinese companies IPO'd in the US on Friday, and each dropped 15% or more. All three landed among the year's bottom 10% of offerings by first-day return. The largest of the three, NetEase-backed education platform...read more

Chinese education platform Youdao prices US IPO slightly above the midpoint at $17

Youdao logo

Youdao, a Chinese online education platform being spun out of NetEase, raised $95 million by offering 5.6 million ADSs at $17, within the range of $15 to $18. The CEO of Netease indicated on $20 million of the IPO. In addition, investment firm Orbis agreed to...read more

US IPO Week Ahead: IPO market ramps up with 8 deals despite investor caution

PGNY

Up to eight companies are set to raise $831 million in the week ahead. Florida insurance brokerage BRP Group (BRP) is the largest by deal size, while employee benefits provider Progyny (PGNY) and Chinese...read more