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PMTS News

Week ahead: Two biotechs and a tech company

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In the last week of October, no companies filed for an IPO. October was a difficult month for IPOs: 16 companies went public, pricing an average of 22% below their midpoint....read more

US IPO Weekly Recap: Cut the offer price for positive returns

PSTG

Continuing the recent trend, four out of five deals priced below the range. This week, five companies raised $765 million, pricing an average of 19% below their proposed midpoints. All four deals that priced below traded up, popping 10% on...read more

CPI Card Group prices IPO at $10, as expected

CPI Card Group logo

CPI Card Group, the largest US provider of plastic credit and debit cards, raised $150 million by offering 15 million shares (all primary) at $10, as anticipated by a filing on Thursday afternoon. The company had originally planned to sell 17.6 million...read more

CPI Card Group decreases proposed IPO deal size again

CPI Card Group logo

CPI Card Group, the largest US provider of plastic credit and debit cards, again lowered the proposed deal size for its upcoming IPO on Thursday. The Littleton, CO-based company now plans to raise $150 million by offering 15 million shares (all primary) at a...read more