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MCFT News

US IPO Weekly Recap: IPO market back on track as tech and biotech deals fly up over 50%

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The IPO market saw sevens this past week. Seven IPOs raised $700 million. Cybersecurity firm Rapid7 spiked 56% on its offering, while cancer biotech ProNAi Therapeutics (+76%) had the seventh-best debut of 2015 and home phone provider Ooma had the...read more

MasterCraft prices IPO at $15, the high end of the range

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MasterCraft, a sport boat manufacturer restructured by Wayzata Partners, raised $91 million by offering 6.1 million shares at $15, the high end of the range of $13 to $15. MasterCraft plans to list on the NASDAQ under the symbol MCFT. Baird, Raymond James and...read more

Week ahead: 8 IPOs planned for the week of July 13

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After a July 4th pause in the IPO market, eight companies could go public this week and raise $675 million. None of the scheduled deals expect to raise over $125 million in proceeds, and only two have proposed market caps over $500 million. This week's...read more

On a boat: MasterCraft sets terms for $85 million IPO

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MasterCraft, a sport boat manufacturer restructured by Wayzata Partners, announced terms for its IPO on Tuesday. The Vonore, TN-based company plans to raise $85 million by offering 6.1 million shares at a price range of $13 to $15. At the midpoint of the...read more