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EDIT News

Bigger and better: 2016 IPOs that raised more than $100 million are up over 30%

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The 21 IPOs this year that have raised raised over $100 million have delivered investors an average return of 32%, including a first-day pop of 14% and an additional 14% in the aftermarket. Most notably, only one IPO in this group currently trades below issue,...read more

Gene editing biotech Intellia Therapeutics files for a $120 million IPO

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Intellia Therapeutics, which is developing gene editing therapies using CRISPR/Cas9 technology, filed on Monday with the SEC to raise up to $120 million in an initial public offering. Fellow CRISPR gene editing biotech Editas Medicine (EDIT) went public...read more

Renaissance Capital's 1Q16 US IPO Market Review

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The US IPO market in the 1Q16 hit its lowest levels since the depths of the financial crisis in 2008/2009. Not a single deal priced outside of the health care sector, where eight deals managed to raise $0.7 billion thanks to substantial buying by their existing...read more

Biotechs lean heavily on insider buying to complete quasi-IPOs

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Accounting for 100% of the four IPOs so far this year, biotechs appeared to be the one sector able to generate demand from public investors. But demand is weaker than...read more