Six companies went public in the past week, raising $1.4 billion. Half traded up 10% or more, and half had negative or no return. For the second week in a row, the general partner of a midstream natural gas pipelines MLP priced an upsized IPO above its...read more
Fenix Parts, a recently formed rollup of thirteen recycled auto part facilities, raised $96 million by offering 12 million shares at $8, below the range of $9 to $11. The company had initially planned to offer 11 million shares. Fenix raised 13% fewer proceeds...read more
Nine IPOs are scheduled to raise $1.4 billion this week. The IPO market could see the year's largest company and the year's largest biotech by market cap begin trading in the US....read more
Fenix Parts, a recently formed rollup of eight recycled auto parts providers, announced terms for its IPO on Friday. The Miami, FL-based company plans to raise $110 million by offering 11.0 million shares at a price range of $9 to $11. At the midpoint of...read more
US IPO Weekly Recap: With 6 IPOs, the year's largest company goes public
Six companies went public in the past week, raising $1.4 billion. Half traded up 10% or more, and half had negative or no return. For the second week in a row, the general partner of a midstream natural gas pipelines MLP priced an upsized IPO above its...read more
Fenix Parts prices upsized IPO at $8, below the range
Fenix Parts, a recently formed rollup of thirteen recycled auto part facilities, raised $96 million by offering 12 million shares at $8, below the range of $9 to $11. The company had initially planned to offer 11 million shares. Fenix raised 13% fewer proceeds...read more
Week ahead: 9 IPOs planned for the week of May 11
Nine IPOs are scheduled to raise $1.4 billion this week. The IPO market could see the year's largest company and the year's largest biotech by market cap begin trading in the US....read more
Ashes to auto parts: Fenix Parts sets terms for $110 million IPO
Fenix Parts, a recently formed rollup of eight recycled auto parts providers, announced terms for its IPO on Friday. The Miami, FL-based company plans to raise $110 million by offering 11.0 million shares at a price range of $9 to $11. At the midpoint of...read more