Eleven US IPOs raised a combined $708 million in November, well below the month's historical 10-year average (16 IPOs, $4.2B). Deal flow was led by three sizable issuers, and remaining activity came from smaller companies, all of which raised $33 million or less...read more
Three IPOs and two SPACs debuted this week, while the pipeline got a boost from a flurry of initial filings. Oncology biotech CARGO Therapeutics (CRGX) priced at the bottom of the range to raise $281 million at a $611 million market cap. The...read more
Globavend Holdings, which provides cross-border logistics and shipping services, raised $6 million by offering 1.5 million shares at $4, the low end of the range of $4 to $5. The company offered 0.4 million fewer shares than anticipated. Globavend provides...read more
The IPO calendar was quiet this past week, but the pipeline got a boost from several large deals. UK-based chip designer Arm (ARM) and grocery delivery platform Instacart (CART) led the week’s news, filing for IPOs...read more
Renaissance Capital's November IPO Market Update
Eleven US IPOs raised a combined $708 million in November, well below the month's historical 10-year average (16 IPOs, $4.2B). Deal flow was led by three sizable issuers, and remaining activity came from smaller companies, all of which raised $33 million or less...read more
US IPO Weekly Recap: Reinsurance and CAR T therapies lead a 3 IPO week
Three IPOs and two SPACs debuted this week, while the pipeline got a boost from a flurry of initial filings. Oncology biotech CARGO Therapeutics (CRGX) priced at the bottom of the range to raise $281 million at a $611 million market cap. The...read more
Cross-border logistics provider Globavend prices downsized US IPO at $4, the low end of the range
Globavend Holdings, which provides cross-border logistics and shipping services, raised $6 million by offering 1.5 million shares at $4, the low end of the range of $4 to $5. The company offered 0.4 million fewer shares than anticipated. Globavend provides...read more
US IPO Weekly Recap: September IPO roster gets a boost as Arm, Instacart, and other large filers join the pipeline
The IPO calendar was quiet this past week, but the pipeline got a boost from several large deals. UK-based chip designer Arm (ARM) and grocery delivery platform Instacart (CART) led the week’s news, filing for IPOs...read more