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MEC News

US IPO Weekly Recap: Uber falls 8% in a disappointing debut

UBER

Ridesharing giant Uber (UBER) made its debut this week, raising $8.1 billion dollars at a market cap of $82 billion, making it the largest US IPO since Alibaba went public in 2014. Uber priced its IPO at $45, 4% below the midpoint of the $44...read more

Mayville Engineering prices IPO at $17, below the range

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Mayville Engineering, which manufactures components for commercial and industrial vehicle OEMs, raised $106 million by offering 6.3 million shares at $17, below the range of $19 to $21. Mayville Engineering plans to list on the NYSE under the symbol MEC. Baird...read more

US IPO Week Ahead: It's Uber uber alles with biggest IPO in 5 years

UBER

If 2019 is indeed the "year of Uber," then the week ahead can only be the "week of Uber." After years of IPO speculation, Uber (UBER) is expected to raise $8.5 billion at the $47 midpoint, with insiders selling $1.3 billion in the...read more

Vehicle parts manufacturer Mayville Engineering sets terms for $125 million IPO

Mayville Engineering logo

Mayville Engineering, which manufactures components for commercial and industrial vehicle OEMs, announced terms for its IPO on Monday. The Mayville, WI-based company plans to raise $125 million by offering 6.3 million shares at a price range of $19 to $21....read more