Three companies completed IPOs this past week, a short four-day trading week due to the Juneteenth holiday. Drug developer Kardigan was the clear winner with a 37.5% first-day pop, the second biotech winner in a row following Parabilis in the prior week,...read more
First Carolina Financial Services, a community bank with branches in North and South Carolina, Georgia, and Virginia, raised $69 million by offering 5.5 million shares at $12.50, below the $14 to $16 range. First Carolina Bank provides commercial and consumer...read more
Two IPOs are currently scheduled to list in the week ahead, although some smaller issuers may also join the calendar throughout the week. Cardiovasular disease biotech Kardigan (KARD) is set to raise $350 million at a $1.6 billion market cap. Kardigan is...read more
First Carolina Financial Services, a community bank with branches in North and South Carolina, Georgia, and Virginia, announced terms for its IPO on Monday. The Raleigh, NC-based company plans to raise $83 million by offering 5.5 million shares at a price...read more
US IPO Weekly Recap: Another biotech IPO pops during the short holiday week
Three companies completed IPOs this past week, a short four-day trading week due to the Juneteenth holiday. Drug developer Kardigan was the clear winner with a 37.5% first-day pop, the second biotech winner in a row following Parabilis in the prior week,...read more
North Carolina-based bank First Carolina Financial Services prices IPO at $12.50, below the range
First Carolina Financial Services, a community bank with branches in North and South Carolina, Georgia, and Virginia, raised $69 million by offering 5.5 million shares at $12.50, below the $14 to $16 range. First Carolina Bank provides commercial and consumer...read more
US IPO Week Ahead: Biotech and community bank set to follow SpaceX’s record debut
Two IPOs are currently scheduled to list in the week ahead, although some smaller issuers may also join the calendar throughout the week. Cardiovasular disease biotech Kardigan (KARD) is set to raise $350 million at a $1.6 billion market cap. Kardigan is...read more
North Carolina-based bank First Carolina Financial Services sets terms for $83 million IPO
First Carolina Financial Services, a community bank with branches in North and South Carolina, Georgia, and Virginia, announced terms for its IPO on Monday. The Raleigh, NC-based company plans to raise $83 million by offering 5.5 million shares at a price...read more