Eighteen IPOs raised a combined $2.8 billion in February, well above the 10-year historical average (12 IPOs, $2.1B). Micro-caps dominated deal flow, but five issuers completed offerings of $100 million or more, led by SailPoint (SAIL), which raised $1.4...read more
Seven IPOs and three SPACs listed this week. Seven IPOs and four SPACs submitted initial filings.Identity governance software provider SailPoint (SAIL) priced it upsized IPO at the top of the upwardly revised range to raise $1.4 billion at a $13.2 billion...read more
Northpointe Bancshares, a Michigan-based bank that offers loan and deposit services across the US, raised $151 million by offering 10.4 million shares (17% secondary) at $14.50, below the range of $16 to $18. The offering contained 1.6 million more shares than...read more
Eight IPOs are currently scheduled to list in the week ahead, although some small issuers may also join the calendar throughout the week.Identity governance software provider SailPoint (SAIL) plans to raise $1.0 billion at an $11.5 billion market cap. The...read more
Renaissance Capital's February IPO Market Update
Eighteen IPOs raised a combined $2.8 billion in February, well above the 10-year historical average (12 IPOs, $2.1B). Micro-caps dominated deal flow, but five issuers completed offerings of $100 million or more, led by SailPoint (SAIL), which raised $1.4...read more
US IPO Weekly Recap: Big listings post mixed results in busy 7 IPO week
Seven IPOs and three SPACs listed this week. Seven IPOs and four SPACs submitted initial filings.Identity governance software provider SailPoint (SAIL) priced it upsized IPO at the top of the upwardly revised range to raise $1.4 billion at a $13.2 billion...read more
Michigan-based bank Northpointe Bancshares offers more shares and prices IPO below the range at $14.50
Northpointe Bancshares, a Michigan-based bank that offers loan and deposit services across the US, raised $151 million by offering 10.4 million shares (17% secondary) at $14.50, below the range of $16 to $18. The offering contained 1.6 million more shares than...read more
US IPO Week Ahead: Software firm SailPoint and defense contractor Karman set to lead 8 IPO week
Eight IPOs are currently scheduled to list in the week ahead, although some small issuers may also join the calendar throughout the week.Identity governance software provider SailPoint (SAIL) plans to raise $1.0 billion at an $11.5 billion market cap. The...read more