Six IPOs raised $2.3 billion this past week, including the year's largest US offering, China's logistics giant ZTO Express. ZTO priced above the range and proceeded to drop 15% on its first day, highly unusual given its pricing premium, size and...read more
GTY Technology Holdings, a blank check company formed by the former CEOs of Accenture and EMC to acquire a technology business, raised $480 million by offering 48 million shares at $10. The company originally planned to raise $300 million, but increased its deal...read more
Six companies are on the US IPO calendar to raise $2.2 billion in the week ahead, or $2.6 billion including a large SPAC. October is set to surpass September as the...read more
GTY Technology Holdings, a blank check company formed by the former CEOs of Accenture and EMC to acquire a technology business, raised the proposed deal size for its upcoming IPO on Monday. The Las Vegas, NV-based company now plans to raise $400 million by...read more
US IPO Weekly Recap: BlackLine soars but 5 IPOs struggle including year's largest offering
Six IPOs raised $2.3 billion this past week, including the year's largest US offering, China's logistics giant ZTO Express. ZTO priced above the range and proceeded to drop 15% on its first day, highly unusual given its pricing premium, size and...read more
In tech we trust: Blank check GTY Technology prices upsized IPO at $10 to raise $480 million
GTY Technology Holdings, a blank check company formed by the former CEOs of Accenture and EMC to acquire a technology business, raised $480 million by offering 48 million shares at $10. The company originally planned to raise $300 million, but increased its deal...read more
US IPO Week Ahead: China's ZTO Express delivers largest IPO of 2016 in a 6-deal week
Six companies are on the US IPO calendar to raise $2.2 billion in the week ahead, or $2.6 billion including a large SPAC. October is set to surpass September as the...read more
A bigger blank check: GTY Technology Holdings increases proposed IPO deal size to $400 million
GTY Technology Holdings, a blank check company formed by the former CEOs of Accenture and EMC to acquire a technology business, raised the proposed deal size for its upcoming IPO on Monday. The Las Vegas, NV-based company now plans to raise $400 million by...read more