HTZ News
Archived Headlines
- US IPO Week Ahead: The IPO market revs its engine in an 11 IPO week 11/05/21
- Car rental company Hertz sets terms for $1 billion Nasdaq uplisting 11/03/21
- US IPO Weekly Recap: DevOps platform GitLab leads a 7 IPO week 10/15/21
- Car rental company Hertz Global Holdings files for a $100 million Nasdaq uplisting 10/15/21
2021's biggest IPOs are some of the biggest losers
In 2021, 27 IPOs raised $1 billion or more, the biggest-ever crop of billion-dollar IPOs in a single year. While the largest issuers have historically outperformed the broader group average, that is not the case for 2021 IPOs. Of last year's 27 billion-dollar...read more
Renaissance Capital’s November IPO Market Update
During November, 34 IPOs raised $17.6 billion, the IPO market's biggest November since 1999. Blank check companies continued to gain momentum, as 60 SPACs raised $11.1 billion. The most active sector was technology, which accounted for 11 of the month's IPOs and...read more
US IPO Weekly Recap: Rivian completes the largest deal since Alibaba in a 15 IPO week
It was another busy week for the IPO market as 15 new issuers went public, with Rivian (RIVN) in the spotlight. The pre-revenue electric truck developer became the largest IPO of 2021, raising nearly $12 billion in the largest IPO since...read more
Car rental company Hertz prices upsized IPO at $29 high end
Hertz Global Holdings, which provides vehicle rental services, raised $1.3 billion by offering 44.5 million shares (100% secondary), at $29, the high end of the range of $25 to $29. The selling shareholders sold 7.4 million more shares than anticipated, and the...read more