Renaissance Capital logo

DESP News

US IPO Week Ahead: Back-to-back record activity with 12 IPOs set to price

WSPT

Following the busiest week of 2017, the week ahead will be another record breaker with 12 IPOs scheduled to raise a combined $2.1 billion. The week will be led by automated email platform SendGrid and cybersecurity...read more

US IPO Week Ahead: 7 IPOs set to price including 2 largest deals of the 2H17

QD

Seven IPOs are set to price next week, expecting to raise a combined $1.8 billion. Three Asian deals lead the way, notably, Chinese small loans provider Qudian plans to raise $769 million and Singapore-based online gaming and shopping...read more

US IPO Weekly Recap: An active week as 7 IPOs average 16% pop

CELC

Seven deals raised a combined $1.2 billion this past week and first day returns averaged 16%. Performance was particularly strong for the healthcare space; Chinese cancer biotech Zai Lab led the pack, returning 55% on its first day,...read more

Despegar.com prices IPO at $26, the high end of the range

Despegar.com logo

Despegar.com, which is leading online travel agency in Latin America, raised $332 million by offering 12.8 million shares at $26, the high end of the range of $23 to $26. Insiders intended to sell 32% of the deal. Backed by Tiger Global and Expedia (NYSE: EXPE),...read more