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GNRT News

Poseidon goes public: Shipping company sets terms for $231 million IPO

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Poseidon Containers Holdings, a containership operator with an initial fleet of 18 vessels, announced terms for its IPO on Tuesday. The Kifissia, Greece-based company plans to raise $231 million by offering 15.4 million shares at a price range of $14 to $16...read more

US IPO Weekly Recap: Year's hottest deal pops 186% in year's most active week with 13 IPOs

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Things just got Seres in the IPO market. Thirteen companies went public this past week, more than any week since October 2014. Seres Therapeutics skyrocketed 186% on its...read more

Gener8 Maritime prices IPO at $14, well below the range

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Gener8 Maritime, a oil tanker owner formed via the merger of General Maritime and Navig8 Crude, raised $210 million by offering 15 million shares at $14, well below the range of $17 to $19. Gener8 Maritime plans to list on the NYSE under the symbol GNRT....read more

Week ahead: As many as 17 IPOs could price during the week of June 22

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17 companies are on the calendar to go public this week and raise $2.5 billion. It should be the year's most active week in the IPO market; the second busiest week saw 10 IPOs in...read more