PTLO News
Archived Headlines
- Hot dog! Restaurant chain Portillo's prices IPO at $20, the high end of the range 10/20/21
- US IPO Week Ahead: Consumer issuers remain active as hot dogs headline an 11 IPO week 10/15/21
- The food and restaurant IPO boom continues with hot dogs, coconut water, and wine 10/14/21
- Hot and fresh IPO: Restaurant chain Portillo's sets terms for $375 million IPO 10/12/21
- US IPO Weekly Recap: The IPO market can see clearly now in a 4 IPO, 2 direct listing week 10/01/21
See more
Restaurants look to serve up fresh IPOs in a stale market
More consumers are dining out and restaurants are looking to cash in. Last week, the moribund IPO market got a boost from fast-casual Mediterranean chain CAVA Group (CAVA), whose $100 million filing makes it the first sizable restaurant to...read more
Rise in secondary offerings hints at IPO market reopening
While capital markets are typically quiet in August, secondary activity picked up significantly during the month, hinting at a possible reopening of the IPO window heading into the fall. There were nearly 40 registered follow-on public offerings (FPOs) of $50+...read more
Renaissance Capital’s October IPO Market Update
In October 2021, 40 IPOs raised $12.3 billion, joined by 53 SPACs that raised $9.1 billion. Healthcare dominated activity, accounting for 17 of the month’s IPOs, with technology close behind at 12 deals. Leading US semiconductor foundry GlobalFoundries...read more
US IPO Weekly Recap: Portillo’s gains 87% in an 11 IPO week
The fall IPO market kept a brisk pace this past week with 11 IPOs, led by restaurant chain Portillo’s (PTLO). SPACs also stayed active, with 18 blank check IPOs. There was one postponement: winery Winc (WBEV). New filers continue to...read more