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LEVL News

US IPO Weekly Recap: Pivotal Software gains 5% as 5 IPOs price and 3 delay

LEVL

• 8 IPOs had planned to raising $2.6 billion, but instead 5 IPOs raised $1.4 billion • Despite tech sector's strength, top-performer Pivotal Software gained just 5%; week averaged 2% •...read more

Level One Bancorp prices upsized $34 million IPO at $28 midpoint

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Level One Bancorp, a Michigan-based commercial bank with $1.3 billion in assets, raised $34 million by offering 1.2 million shares at $28, within the range of $27 to $29. Level One Bancorp plans to list on the Nasdaq under the symbol LEVL. Raymond James and...read more

US IPO Week Ahead: A pivotal week with 8 IPOs

EAF

Eight deals are on the calendar for the week ahead looking to raise a combined $2.6 billion. Headlining the week is DellEMC spin-off Pivotal Software, which provides a platform for enterprises to manage cloud-based apps. The company is...read more

Level One Bancorp sets terms for $28 million IPO

Level One Bancorp logo

Level One Bancorp, a Michigan-based commercial bank with $1.3 billion in assets, announced terms for its IPO on Thursday. The Farmington Hills, MI-based company plans to raise $28 million by offering 1.0 million shares (23% insider) at a price range of $27...read more