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 range ...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. Two yield plays account for two-thirds of expected proceeds. Six of the nine...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 the ...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 range ...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. Two yield plays account for two-thirds of expected proceeds. Six of the nine...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 the ...read more