The US IPO Index has plummeted 51% year-to-date, in the IPO market’s sharpest sell-off since at least the 2008 Global Financial Crisis. Of the 397 traditional IPOs in 2021, only 12% are trading above issue. Rampant speculation and near-zero interest rates...read more
The IPO market was full steam ahead this past week as 11 IPOs came to market. SPAC activity remained steady with seven blank check IPOs. New filers continue to pour into the IPO pipeline, with 15 IPOs and eight SPACs submitting initial filings. Tech consultancy...read more
PROCEPT BioRobotics, which makes a surgical robotic system for minimally-invasive urologic surgery, raised $164 million by offering 6.6 million shares at $25, above the range of $22 to $24. The company offered 1.1 million more shares than anticipated. PROCEPT...read more
Updated Monday, 9/13. After a wave of launches in the short holiday week, 11 IPOs are scheduled to raise over $3 billion in the week ahead. Tech consultancy Thoughtworks (TWKS) plans to raise $700 million at a $6.3 billion market...read more
These IPOs have outperformed during the biggest sell-off in over a decade
The US IPO Index has plummeted 51% year-to-date, in the IPO market’s sharpest sell-off since at least the 2008 Global Financial Crisis. Of the 397 traditional IPOs in 2021, only 12% are trading above issue. Rampant speculation and near-zero interest rates...read more
US IPO Weekly Recap: The Fall IPO market is in full swing with an 11 IPO week
The IPO market was full steam ahead this past week as 11 IPOs came to market. SPAC activity remained steady with seven blank check IPOs. New filers continue to pour into the IPO pipeline, with 15 IPOs and eight SPACs submitting initial filings. Tech consultancy...read more
Surgical robotics developer PROCEPT BioRobotics prices upsized IPO at $25, above the range
PROCEPT BioRobotics, which makes a surgical robotic system for minimally-invasive urologic surgery, raised $164 million by offering 6.6 million shares at $25, above the range of $22 to $24. The company offered 1.1 million more shares than anticipated. PROCEPT...read more
US IPO Week Ahead: The Fall IPO market kicks off with an 11 IPO week
Updated Monday, 9/13. After a wave of launches in the short holiday week, 11 IPOs are scheduled to raise over $3 billion in the week ahead. Tech consultancy Thoughtworks (TWKS) plans to raise $700 million at a $6.3 billion market...read more