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Updated: Renaissance Capital's 2Q 2024 US IPO Market Review

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US IPO Market Slowly Climbs to a Two-Year High IPO activity hit a two-year high in the second quarter of 2024 but still came in below expectations, with 39 IPOs raising a combined $8.9 billion as...read more

Renaissance Capital's April IPO Market Update

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Eighteen IPOs raised a combined $5.3 billion in April, above the 10-year historical average by deal count and proceeds (16 IPOs, $3.7B). It was the busiest month for both overall new issuance and $100+ million IPOs since November 2021. Nine deals raised $100...read more

US IPO Weekly Recap: 3 IPOs raise over $1.4 billion, led by UL Solutions

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Three IPOs debuted this past week. Three IPOs and one SPAC submitted initial filings this week. Product assessment services provider UL Solutions (ULS) priced its upsized IPO above the midpoint to raise $946 million at a $5.7 billion market...read more

Post-acute healthcare provider PACS Group prices upsized IPO at $21 midpoint

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PACS Group, a post-acute care provider with more than 200 nursing facilities across the US, raised $450 million by offering 21.4 million shares at $21, within the range of $20 to $22. The company offered 2.4 million more shares than anticipated. PACS Group is a...read more