It was another busy week for the fall IPO market as 13 IPOs raised $4.6 billion led by restaurant payment processor Toast (TOST), which jumped 56% in its debut. Six SPACs also went public, and one IPO postponed: Canadian consumer products...read more
Remitly Global, which provides a mobile payment service for international money transfers, raised $523 million by offering 12.2 million shares (42% secondary) at $43, above the range of $38 to $42. The company raised an additional $25 million in a concurrent...read more
Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more. The largest deal of the week,...read more
Remitly Global, which provides a mobile payment service for international money transfers, announced terms for its IPO on Tuesday. The Seattle, WA-based company plans to raise $487 million by offering 12.2 million shares (42% secondary) at a price range of $38...read more
US IPO Weekly Recap: Toast gets buttered up in a 13 IPO week
It was another busy week for the fall IPO market as 13 IPOs raised $4.6 billion led by restaurant payment processor Toast (TOST), which jumped 56% in its debut. Six SPACs also went public, and one IPO postponed: Canadian consumer products...read more
Global money transfer firm Remitly prices IPO above the range at $43
Remitly Global, which provides a mobile payment service for international money transfers, raised $523 million by offering 12.2 million shares (42% secondary) at $43, above the range of $38 to $42. The company raised an additional $25 million in a concurrent...read more
US IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week
Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more. The largest deal of the week,...read more
Global money transfer firm Remitly sets terms for $487 million IPO
Remitly Global, which provides a mobile payment service for international money transfers, announced terms for its IPO on Tuesday. The Seattle, WA-based company plans to raise $487 million by offering 12.2 million shares (42% secondary) at a price range of $38...read more