The Renaissance IPO Index has had a positive start to the third quarter, and this week reached its highest level since April 2022.Prior to yesterday’s sell-off, markets rallied from the past week as a cool inflation report and positive comments from the...read more
IPO Market Posts Another Record Quarter in a Record YearIn the third quarter of 2021, 94 IPOs raised $27.6 billion, marking the busiest 3Q by deal count since 2000. Following an explosive second quarter, activity remained brisk before tapering off in the...read more
It was another busy week for the fall IPO market as 13 IPOs raised $4.6 billion led by restaurant payment processor Toast (TOST), which jumped 56% in its debut. Six SPACs also went public, and one IPO postponed: Canadian consumer products company ...read more
Freshworks, which provides a business SaaS for customer support and IT projects, raised $1.0 billion by offering 28.5 million shares at $36, above the upwardly revised range of $32 to $34. The company originally planned to offer its shares at $28 to $32, before ...read more
The IPO Index reached a two-year high this week. Here are the biggest winners.
The Renaissance IPO Index has had a positive start to the third quarter, and this week reached its highest level since April 2022.Prior to yesterday’s sell-off, markets rallied from the past week as a cool inflation report and positive comments from the...read more
Updated: Renaissance Capital's 3Q 2021 US IPO Market Review
IPO Market Posts Another Record Quarter in a Record YearIn the third quarter of 2021, 94 IPOs raised $27.6 billion, marking the busiest 3Q by deal count since 2000. Following an explosive second quarter, activity remained brisk before tapering off in the...read more
US IPO Weekly Recap: Toast gets buttered up in a 13 IPO week
It was another busy week for the fall IPO market as 13 IPOs raised $4.6 billion led by restaurant payment processor Toast (TOST), which jumped 56% in its debut. Six SPACs also went public, and one IPO postponed: Canadian consumer products company ...read more
Customer support software firm Freshworks prices IPO at $36, above the upwardly revised range
Freshworks, which provides a business SaaS for customer support and IT projects, raised $1.0 billion by offering 28.5 million shares at $36, above the upwardly revised range of $32 to $34. The company originally planned to offer its shares at $28 to $32, before ...read more