10 IPOs brought in $1.3 billion this past week, along with 3 SPACs raising $540 million. With a flood of biotechs, most of the IPOs this week had heavy insider buying, and no revenue. They traded very well, however, averaging a 27% gain. The week's worst IPO...read more
Essential Properties Realty Trust, a triple net lease REIT that manages single-tenant commercial properties, raised $455 million by offering 32.5 million shares at $14, the low end of the $14 to $17 range. Concurrently with the IPO, top shareholder Eldridge...read more
Helped by a strong market, the steady stream of June IPOs should continue in the week ahead with eleven companies scheduled to raise a combined $1.4 billion. SMB payments processor i3 Verticals and triple net lease REIT ...read more
Essential Properties Realty Trust, a triple-net-lease REIT that manages single-tenant commercial properties, announced terms for its IPO on Monday. The Princeton, NJ-based company plans to raise $504 million by offering 32.5 million shares at a price range...read more
US IPO Weekly Recap: Biotechs boom in a 13-deal torrent
10 IPOs brought in $1.3 billion this past week, along with 3 SPACs raising $540 million. With a flood of biotechs, most of the IPOs this week had heavy insider buying, and no revenue. They traded very well, however, averaging a 27% gain. The week's worst IPO...read more
Essential Properties Realty Trust prices $455 million IPO at $14 low end
Essential Properties Realty Trust, a triple net lease REIT that manages single-tenant commercial properties, raised $455 million by offering 32.5 million shares at $14, the low end of the $14 to $17 range. Concurrently with the IPO, top shareholder Eldridge...read more
US IPO Week Ahead: Health care deals lead 11-IPO week
Helped by a strong market, the steady stream of June IPOs should continue in the week ahead with eleven companies scheduled to raise a combined $1.4 billion. SMB payments processor i3 Verticals and triple net lease REIT ...read more
Triple net REIT Essential Properties sets terms for $504 million IPO
Essential Properties Realty Trust, a triple-net-lease REIT that manages single-tenant commercial properties, announced terms for its IPO on Monday. The Princeton, NJ-based company plans to raise $504 million by offering 32.5 million shares at a price range...read more