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NETS News

US IPO Weekly Recap: Six IPOs price, Yext pops 22% and Netshoes disappears

YEXT

Six IPOs raised $1.2 billion this week, tied for the most active week of the year. Yext (YEXT) was the latest in a series of high-growth, high-loss software companies to have well-received IPOs this year. Yext allows businesses to sync...read more

Netshoes prices IPO at $18, the low end of the range

Netshoes logo

Netshoes, which is a leading shoe, fashion and beauty online retailer in Brazil, raised $149 million by offering 8.3 million shares at $18, the low end of the range of $18 to $20. Netshoes plans to list on the NYSE under the symbol NETS. Goldman Sachs, J.P....read more

US IPO Week Ahead: 5 deals in short week

YEXT

There are six deals on the calendar for the week ahead, after Azul was cleared by regulators to resume its IPO. After not having any deals in the first two month of the year, two tech IPOs this week should make the sector the most active year to date. We...read more

Buy Brazil for the long run: Netshoes sets terms for $157 million US IPO

Netshoes logo

Netshoes, a leading sports and lifestyle online retailer in Brazil, announced terms for its IPO on Thursday. The São Paulo, Brazil-based company plans to raise $157 million by offering 8.3 million shares at a price range of $18 to $20. At the...read more