Renaissance Capital logo

GPAK News

US IPO Weekly Recap: Birkenstock missteps in public debut

BIRK

Five companies priced IPOs this week, led by Birkenstock’s (BIRK) $1.5 billion offering. Three small issuers submitted initial filings. Birkenstock priced its IPO just below the midpoint to raise $1.5 billion at an $8.6...read more

US IPO Weekly Recap: Holdover Adlai Nortye leads 4 IPO week as more small deals enter the pipeline

ANL

The third quarter wrapped up with four IPOs and eight pipeline additions. Oncology biotech Adlai Nortye (ANL) raised $58 million at an $849 million market cap. The company originally planned to raise $72 million in August but never priced; it...read more

Early-stage esports firm Gamer Pakistan prices IPO at $4, the low end of the range

Gamer Pakistan logo

Gamer Pakistan, a pre-revenue organizer of esports events in Pakistan, raised $7 million by offering 1.7 million shares at $4, the low end of the range of $4 to $5. Concurrently, selling shareholders registered 1.7 million shares, which may be offered and sold...read more

US IPO Weekly Recap: Instacart and Klaviyo IPOs debut with mixed trading

CART

The IPO market’s tech unicorn drought ended this past week, with grocery deliver platform Instacart (CART) and marketing SaaS company Klaviyo (KVYO). Despite the fanfare leading up to their big debuts, reception was...read more