During November, 34 IPOs raised $17.6 billion, the IPO market's biggest November since 1999. Blank check companies continued to gain momentum, as 60 SPACs raised $11.1 billion. The most active sector was technology, which accounted for 11 of the month's IPOs and...read more
It was another busy week for the IPO market as 15 new issuers went public, with Rivian (RIVN) in the spotlight. The pre-revenue electric truck developer became the largest IPO of 2021, raising nearly $12 billion in the largest IPO since...read more
Expensify, which provides a cloud-based expense management software platform for SMBs, raised $263 million by offering 9.7 million shares (73% secondary) at $27, the high end of the upwardly revised range of $25 to $27. The company originally planned to offer...read more
Expensify, which provides a cloud-based expense management software platform for SMBs, raised the proposed deal size for its upcoming IPO on Monday. The Portland, OR-based company now plans to raise $253 million by offering 9.7 million shares (73% secondary)...read more
Renaissance Capital’s November IPO Market Update
During November, 34 IPOs raised $17.6 billion, the IPO market's biggest November since 1999. Blank check companies continued to gain momentum, as 60 SPACs raised $11.1 billion. The most active sector was technology, which accounted for 11 of the month's IPOs and...read more
US IPO Weekly Recap: Rivian completes the largest deal since Alibaba in a 15 IPO week
It was another busy week for the IPO market as 15 new issuers went public, with Rivian (RIVN) in the spotlight. The pre-revenue electric truck developer became the largest IPO of 2021, raising nearly $12 billion in the largest IPO since...read more
Expense management platform Expensify prices IPO at $27, the high end of the upwardly revised range
Expensify, which provides a cloud-based expense management software platform for SMBs, raised $263 million by offering 9.7 million shares (73% secondary) at $27, the high end of the upwardly revised range of $25 to $27. The company originally planned to offer...read more
Expense management platform Expensify raises range to $25 to $27 ahead of $253 million IPO
Expensify, which provides a cloud-based expense management software platform for SMBs, raised the proposed deal size for its upcoming IPO on Monday. The Portland, OR-based company now plans to raise $253 million by offering 9.7 million shares (73% secondary)...read more