NOVN News
Archived Headlines
- US IPO Weekly Recap: Back to school for IPOs with seven launches and five filings 09/09/16
- Novan, a micro-cap biotech, sets terms for $45 million IPO 09/08/16
- US IPO Weekly Recap: IPO market gears up for a tech comeback in September 08/26/16
- Acne biotech clear for IPO: Novan files for a $60 million offering 08/24/16
US IPO Weekly Recap: 8 offerings average 38% returns in year's busiest week for IPOs
Eight companies went public in the year’s most active week. Three priced above the range and each finished above its IPO price (average return of 38%). Biotech Novan and ad-tech platform The Trade Desk led the group with a 67% and 65% first day pop,...read more
Two deals pop over 60%, a strong start to 2016's most active week of IPOs
The Trade Desk (TTD) popped 67% on Tuesday, the second-best pop from an IPO in 2016, while Novan (NOVN) took the #3 spot with a first-day pop of 65%. An impressive trade: Trade Desk up 67% The Trade Desk (TTD) surged 67% on Tuesday, giving it the...read more
Acne biotech Novan prices upsized IPO at $11, the low end of the range
Novan, a late-stage biotech developing nitric oxide therapies for acne and other skin conditions, raised $45 million by offering 4.1 million shares at $11. It originally intended to raise $45 million by offering 3.75 million shares at a range of $11 to $13....read more
US IPO Week Ahead: Year's most active week with 9 IPOs
Nine deals are on the IPO calendar for the week ahead, aiming to raise a combined $1.2 billion. Set to be the most active week of 2016, the wave of deals counts three founder-led high-growth software companies and a telecom equipment...read more