IPO Pickup Interrupted by Market CorrectionIn the first quarter of 2025, 44 IPOs raised a combined $9.4 billion, after a strong start was cut off by a market correction near quarter end. Both deal count and proceeds increased from the 1Q24, despite concerns...read more
Eighteen IPOs raised a combined $2.8 billion in February, well above the 10-year historical average (12 IPOs, $2.1B). Micro-caps dominated deal flow, but five issuers completed offerings of $100 million or more, led by SailPoint (SAIL), which raised $1.4...read more
Seven IPOs and three SPACs listed this week. Seven IPOs and four SPACs submitted initial filings.Identity governance software provider SailPoint (SAIL) priced it upsized IPO at the top of the upwardly revised range to raise $1.4 billion at a $13.2 billion...read more
Karman Holdings, which makes mission-critical systems for defense and space programs, raised $506 million by offering 23 million shares (63% secondary) at $22, above the range of $18 to $20. The selling shareholders offered 1.9 million more shares than...read more
Renaissance Capital's 1Q 2025 US IPO Market Review
IPO Pickup Interrupted by Market CorrectionIn the first quarter of 2025, 44 IPOs raised a combined $9.4 billion, after a strong start was cut off by a market correction near quarter end. Both deal count and proceeds increased from the 1Q24, despite concerns...read more
Renaissance Capital's February IPO Market Update
Eighteen IPOs raised a combined $2.8 billion in February, well above the 10-year historical average (12 IPOs, $2.1B). Micro-caps dominated deal flow, but five issuers completed offerings of $100 million or more, led by SailPoint (SAIL), which raised $1.4...read more
US IPO Weekly Recap: Big listings post mixed results in busy 7 IPO week
Seven IPOs and three SPACs listed this week. Seven IPOs and four SPACs submitted initial filings.Identity governance software provider SailPoint (SAIL) priced it upsized IPO at the top of the upwardly revised range to raise $1.4 billion at a $13.2 billion...read more
Space and defense contractor Karman Space & Defense prices upsized IPO at $22, above the range
Karman Holdings, which makes mission-critical systems for defense and space programs, raised $506 million by offering 23 million shares (63% secondary) at $22, above the range of $18 to $20. The selling shareholders offered 1.9 million more shares than...read more