eASIC, a fabless designer of custom chips for the wireless, networking and storage markets, withdrew its plans for an initial public offering on Friday. It originally filed for a $75 million IPO in February 2015 and last updated its filing in August. ...read more
congatec Holding, a German fabless provider of embedded computer-on-module solutions, announced terms for its IPO on Wednesday. The Deggendorf, Germany-based company plans to raise $60 million by offering 5.45 million ADSs (23% insider) at a price range of...read more
In the last week of October, no companies filed for an IPO. October was a difficult month for IPOs: 16 companies went public, pricing an average of 22% below their midpoint. Despite the massive valuation cuts, the average IPO return was just 3.4%,...read more
IPO investors are beginning to see pre-IPO valuations. A biotech and a semiconductor company went public this past week after slashing their proposed valuations. While health care has remained strong all year, more technology could be on the way. In the...read more
Circuit breaker: Chip company eASIC withdraws $75 million IPO
eASIC, a fabless designer of custom chips for the wireless, networking and storage markets, withdrew its plans for an initial public offering on Friday. It originally filed for a $75 million IPO in February 2015 and last updated its filing in August. ...read more
The German conga: embedded chip maker congatec Holding sets terms for $60 million US IPO
congatec Holding, a German fabless provider of embedded computer-on-module solutions, announced terms for its IPO on Wednesday. The Deggendorf, Germany-based company plans to raise $60 million by offering 5.45 million ADSs (23% insider) at a price range of...read more
Week ahead: Two biotechs and a tech company
In the last week of October, no companies filed for an IPO. October was a difficult month for IPOs: 16 companies went public, pricing an average of 22% below their midpoint. Despite the massive valuation cuts, the average IPO return was just 3.4%,...read more
US IPO Weekly Recap: IPO investors get pre-IPO valuations
IPO investors are beginning to see pre-IPO valuations. A biotech and a semiconductor company went public this past week after slashing their proposed valuations. While health care has remained strong all year, more technology could be on the way. In the...read more