Renaissance Capital logo

GIMO News

US IPO Recap: Coty fades, Gigamon springs and 17 companies file or set terms

For the fifth consecutive week, at least one US IPO gained 30%, as Gigamon (GIMO) climbed nearly 50%. The week's most prominent IPO, Coty (COTY), faltered though, and the third scheduled deal, Aratana Therapeutics (PETX) was delayed. Nine more IPOs,...read more

Gigamon prices IPO at $19, midpoint of the range

Gigamon, which provides data traffic management software based appliances, raised $128 million by offering 6.8 million shares (33% insider) at $19, the midpoint of the $18-$20 range. At its offer price, Gigamon commands a fully diluted market value of $612...read more

3 US IPOs planned for the week of Jun 10

The following IPOs are expected to price this week: Aratana Therapeutics (PETX), which is developing medications for cats and dogs based on therapies for human, plans to raise $51 million by offering 4.3 million shares at a price range of $11.00 to $13.00. ...read more