Three dividend-producing companies raised $639 million this past week, tying the prior week as the year's most active by deal count. Yet all three IPOs ended their first days down or flat, bringing the number of first-day flops up to 12 of 16 (75%). An...read more
Global Water Resources, which operates water and wastewater utilities in metropolitan Phoenix, AZ, raised $7.3 million by offering 1.16 million shares at $6.25. The company originally set terms to offer 1.0 million shares at a range of $5.25 to $6.25. Global...read more
The IPO market is starting to pick up steam with 13 deals raising $2.3 billion year-to-date. Most importantly, the last four were non-biotechs with a healthy average...read more
With the postponement of Elevate Credit's offering this week, there still has not been an IPO in 2016. This coming week could see the IPO of AmeriQuest and Nordic Realty Trust, both of which are ...read more
US IPO Weekly Recap: IPO momentum stumbles as three deals suffer from first-day flops
Three dividend-producing companies raised $639 million this past week, tying the prior week as the year's most active by deal count. Yet all three IPOs ended their first days down or flat, bringing the number of first-day flops up to 12 of 16 (75%). An...read more
Global Water Resources prices upsized $7.3 million IPO at $6.25, the high end of the range
Global Water Resources, which operates water and wastewater utilities in metropolitan Phoenix, AZ, raised $7.3 million by offering 1.16 million shares at $6.25. The company originally set terms to offer 1.0 million shares at a range of $5.25 to $6.25. Global...read more
Week ahead: A Las Vegas casino rolls the dice as three IPOs look to price
The IPO market is starting to pick up steam with 13 deals raising $2.3 billion year-to-date. Most importantly, the last four were non-biotechs with a healthy average...read more
Week ahead: Will 2016 see its first IPO?
With the postponement of Elevate Credit's offering this week, there still has not been an IPO in 2016. This coming week could see the IPO of AmeriQuest and Nordic Realty Trust, both of which are ...read more