Renaissance Capital logo

GNTY News

US IPO Weekly Recap: 6 IPOs face heavy valuation cuts and gain 5%

GDI

Six IPOs raised $1.4 billion in the past week. The average deal priced 16% below its proposed midpoint, and the week's three large offerings each came in well below the range. The price cuts were enough for an average gain of 5%. While there were no notable...read more

Guaranty Bancshares prices IPO at $27, within the range

Guaranty Bancshares logo

Guaranty Bancshares, a Texas bank with 26 locations and $1.8 billion in assets, raised $54 million by offering 2 million shares at $27, within the range of $26 to $28. Guaranty Bancshares plans to list on the Nasdaq under the symbol GNTY. Sandler O'Neill acted...read more

US IPO Week Ahead: Gardner Denver's $1 billion IPO leads week with 7 offerings

GDI

Seven deals are on the IPO calendar to raise $1.7 billion in week ahead. Industrial parts manufacturer Gardner Denver leads the pack with a $1.0 billion offering...read more

Texas bank Guaranty Bancshares sets terms for $54 million IPO

Guaranty Bancshares logo

Guaranty Bancshares, which is a Texas bank with 26 locations and $1.8 billion in assets, announced terms for its IPO on Monday. The Mount Pleasant, TX-based company plans to raise $54 million by offering 2 million shares at a price range of $26 to $28. At...read more