The third quarter finished with 12 IPOs raising $1.2 billion, tied for the most active week of the year. Returns varied, but the group averaged a gain of just 1.0%. Not surprising, SurveyMonkey (SVMK) was the week's top performer,...read more
LAIX, which operates Liulishuo, an AI-powered English language learning platform in China, raised $72 million by offering 5.75 million ADSs at $12.50, the midpoint of the $11.50 to $13.50 range. LAIX plans to list on the NYSE under the symbol LAIX. Morgan...read more
We're looking at as many as 13 IPOs in the upcoming week, raising up to $1.1 billion. Even if 2 are postponed, it will still be the busiest September by IPO count since 2000. The 13 offerings are relatively small: none plan to raise more than $200 million, and...read more
LAIX, which operates Liulishuo, an AI-powered English language learning platform in China, announced terms for its IPO on Friday.
The Shanghai, China-based company plans to raise $72 million by offering 5.75 million ADSs at a price range of $11.50 to $13.50...read more
US IPO Weekly Recap: 12 IPOs wrap up active third quarter as SurveyMonkey pops 34%
The third quarter finished with 12 IPOs raising $1.2 billion, tied for the most active week of the year. Returns varied, but the group averaged a gain of just 1.0%. Not surprising, SurveyMonkey (SVMK) was the week's top performer,...read more
Sorry, I didn't quite get that: AI-powered English learning app provider LAIX prices $72 million IPO at $12.50 midpoint
LAIX, which operates Liulishuo, an AI-powered English language learning platform in China, raised $72 million by offering 5.75 million ADSs at $12.50, the midpoint of the $11.50 to $13.50 range. LAIX plans to list on the NYSE under the symbol LAIX. Morgan...read more
US IPO Week Ahead: 13 IPOs close out 3rd quarter with biotechs, China and SurveyMonkey
We're looking at as many as 13 IPOs in the upcoming week, raising up to $1.1 billion. Even if 2 are postponed, it will still be the busiest September by IPO count since 2000. The 13 offerings are relatively small: none plan to raise more than $200 million, and...read more
How China learns English: LAIX sets terms for $72 million US IPO
LAIX, which operates Liulishuo, an AI-powered English language learning platform in China, announced terms for its IPO on Friday. The Shanghai, China-based company plans to raise $72 million by offering 5.75 million ADSs at a price range of $11.50 to $13.50...read more