After a somewhat slow start, the July IPO market saw 14 deals raise a combined $6.5 billion. Activity was well below the 10-year historical average by deal count (21 IPOs), though it outpaced average proceeds ($4.7B), thanks to a $4 billion offering from cold...read more
Nine IPOs debuted this week, raising a total of more than $5.9 billion. One SPAC also listed. Four IPOs and two SPACs submitted initial filings this past week. Leading temp-controlled warehouse REIT Lineage (LINE) priced its upsized IPO...read more
LATAM Airlines Group, the largest airline group in South America, raised $456 million by offering 19 million ADSs (100% secondary) at $24, below the as-converted last close of its shares on the Santiago Stock Exchange ($26.90). LATAM Airlines is the largest...read more
Six IPOs are scheduled to list in the week ahead, and are set to raise a combined $5.1 billion, the most for any week so far this year. One SPAC is also set to debut. Leading temp-controlled warehouse REIT Lineage (LINE) plans to raise $3.6...read more
Renaissance Capital's July IPO Market Update
After a somewhat slow start, the July IPO market saw 14 deals raise a combined $6.5 billion. Activity was well below the 10-year historical average by deal count (21 IPOs), though it outpaced average proceeds ($4.7B), thanks to a $4 billion offering from cold...read more
US IPO Weekly Recap: Blockbuster IPO week sees nearly $6 billion raised, led by cold storage REIT Lineage
Nine IPOs debuted this week, raising a total of more than $5.9 billion. One SPAC also listed. Four IPOs and two SPACs submitted initial filings this past week. Leading temp-controlled warehouse REIT Lineage (LINE) priced its upsized IPO...read more
Chile-based airline LATAM Airlines Group prices US IPO at $24
LATAM Airlines Group, the largest airline group in South America, raised $456 million by offering 19 million ADSs (100% secondary) at $24, below the as-converted last close of its shares on the Santiago Stock Exchange ($26.90). LATAM Airlines is the largest...read more
US IPO Week Ahead: Flurry of large IPOs set to raise more than $5 billion in 2024’s biggest week so far
Six IPOs are scheduled to list in the week ahead, and are set to raise a combined $5.1 billion, the most for any week so far this year. One SPAC is also set to debut. Leading temp-controlled warehouse REIT Lineage (LINE) plans to raise $3.6...read more