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US IPO Weekly Recap: Billion-dollar StoneCo IPO pops 30% despite market turmoil

STNE

The markets sold off, but IPOs continued to get done, with four deals raising $1.5 billion. High-growth Brazilian payments company StoneCo (STNE) even priced its $1.1 billion offering above the range, and then flew up 30%. Cooler company...read more

Financing solutions provider Pintec Technology prices IPO at $11.88, within the range

Pintec Technology Holdings logo

Pintec Technology Holdings, which operates an online platform that facilitates merchant financing in China, raised $44 million by offering 3.7 million ADSs at $11.88, within the $10 to $12 range. Insiders and one of the company's business partners indicated an...read more

US IPO Week Ahead: Yeti coolers and a billion-dollar payments company lead 5-IPO week

STNE

Five IPOs and one SPAC are scheduled to raise $1.7 billion in the week ahead. The price cuts and postponements this past week showed that IPO buyers are in firm control. StoneCo (STNE) is aiming to raise $1.05 billion in the year's ninth...read more

Chinese financing platform Pintec Technology sets terms for $41 million US IPO

Pintec Technology Holdings logo

Pintec Technology Holdings, which operates an online platform that facilitates merchant financing in China, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $41 million by offering 3.7 million ADSs at a price range of...read more