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PCOR News

US IPO Weekly Recap: Oatly and Procore shine in a 3 IPO, 1 direct listing week

OTLY

Following some turmoil in the IPO market, three IPOs and one direct listing entered the public markets this past week. SPAC activity picked up considerably, with seven blank check IPOs raising $1.3 billion. The pipeline saw plenty of new filers, with 13 IPOs...read more

Construction software provider Procore Technologies prices IPO above the range at $67

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Procore Technologies, which provides cloud-based construction management and collaboration software, raised $634 million by offering 9.5 million shares at $67, above the range of $60 to $65. At pricing, Procore Technologies commands a fully diluted market value...read more

US IPO Week Ahead: Oatly pitches plant-based dairy alternatives in a 2 IPO, 1 direct listing week

OTLY

Following a rough week for the IPO market, two IPOs are slated to raise $1.9 billion in the week ahead, joined by one direct listing. Swedish oat milk brand Oatly (OTLY) plans to raise $1.4 billion at a $9.5 billion market cap....read more

Construction software provider Procore Technologies sets terms for $592 million IPO

Procore Technologies logo

Procore Technologies, which provides cloud-based construction management and collaboration software, announced terms for its IPO on Monday. The company originally filed for an IPO in February 2020. The Carpinteria, CA-based company plans to raise $592...read more