Since LegalZoom.com (LGZ) became the first company to publicly file (on May 11) after working through a confidential submission with the SEC, twelve more companies have done so, representing 34% of the ...read more
Despite three straight weeks of gains among broader equity markets, US IPO investors pushed hard for discounts in the last wave of deals before Labor Day. Three deals priced more than a...read more
Performant Financial, which recovers delinquent and defaulted loans for the Department of Education and Medicare, raised $81 million by offering 9 million shares at $9 apiece, 31% below the midpoint of its $12-$14 price range. The company had originally planned...read more
With its regular August hiatus approaching, the US IPO market began stumbling last week. Only two deals, Eloqua (ELOQ) and Globus Medical (GMED), priced while an equal number...read more
Confidential US filings becoming frequent stop on IPO road
Since LegalZoom.com (LGZ) became the first company to publicly file (on May 11) after working through a confidential submission with the SEC, twelve more companies have done so, representing 34% of the ...read more
A buyers' market for US IPOs?
Despite three straight weeks of gains among broader equity markets, US IPO investors pushed hard for discounts in the last wave of deals before Labor Day. Three deals priced more than a...read more
Performant Financial prices downsized IPO at $9, well below its anticipated range
Performant Financial, which recovers delinquent and defaulted loans for the Department of Education and Medicare, raised $81 million by offering 9 million shares at $9 apiece, 31% below the midpoint of its $12-$14 price range. The company had originally planned...read more
US IPO market stumbles before August hiatus
With its regular August hiatus approaching, the US IPO market began stumbling last week. Only two deals, Eloqua (ELOQ) and Globus Medical (GMED), priced while an equal number...read more