Led by Avalara, which traded up 87% its first day, the week saw six companies raise a total of $1.3 billion. Also this week, Adaptive Insights was acquired two days before its expected IPO. As of market close today, US IPOs from the last 90 days have an average...read more
Far Point Acquisition, a blank check company formed by former NYSE Group President Tom Farley and Third Point to acquire a fintech business, raised $550 million by offering 55 million units at $10. Each unit consists of one share of common stock and one-third of...read more
The second week of June is busy, as promised. Led by SaaS companies Adaptive Insights and Avalara, seven companies are scheduled to raise a combined $1.4 billion in the week ahead. ...read more
Far Point Acquisition, a blank check company formed by former NYSE Group President Tom Farley and Third Point to acquire a fintech business, raised the proposed deal size for its upcoming IPO on Wednesday. It also disclosed insider buying. The deal is now set to...read more
US IPO Weekly Recap: 6 IPOs, an acquisition and a postponement
Led by Avalara, which traded up 87% its first day, the week saw six companies raise a total of $1.3 billion. Also this week, Adaptive Insights was acquired two days before its expected IPO. As of market close today, US IPOs from the last 90 days have an average...read more
Former NYSE President's SPAC Far Point Acquisition prices IPO at $10
Far Point Acquisition, a blank check company formed by former NYSE Group President Tom Farley and Third Point to acquire a fintech business, raised $550 million by offering 55 million units at $10. Each unit consists of one share of common stock and one-third of...read more
US IPO Week Ahead: Adaptive Insights and Avalara lead a 7-IPO week
The second week of June is busy, as promised. Led by SaaS companies Adaptive Insights and Avalara, seven companies are scheduled to raise a combined $1.4 billion in the week ahead. ...read more
Former NYSE President's SPAC Far Point Acquisition raises IPO deal size to $500 million
Far Point Acquisition, a blank check company formed by former NYSE Group President Tom Farley and Third Point to acquire a fintech business, raised the proposed deal size for its upcoming IPO on Wednesday. It also disclosed insider buying. The deal is now set to...read more