Eleven US IPOs raised a combined $708 million in November, well below the month's historical 10-year average (16 IPOs, $4.2B). Deal flow was led by three sizable issuers, and remaining activity came from smaller companies, all of which raised $33 million or less...read more
Four smaller IPOs priced this past week, joined by one SPAC. The biggest news came from the pipeline, with product assessment services provider UL Solutions (ULS) filing for an estimated $1 billion IPO, followed by a sizable filing from...read more
Richtech Robotics, which develops and sells service robots for the hospitality and other industries, raised $11 million by offering 2.1 million shares at $5, as expected. The company offered 0.1 million more shares than anticipated. It originally planned to...read more
Richtech Robotics, which develops and sells service robots for the hospitality and other industries, lowered the proposed deal size for its upcoming IPO on Wednesday. In its latest filing, the company also removed Pacific Century Securities as lead bookrunner...read more
Renaissance Capital's November IPO Market Update
Eleven US IPOs raised a combined $708 million in November, well below the month's historical 10-year average (16 IPOs, $4.2B). Deal flow was led by three sizable issuers, and remaining activity came from smaller companies, all of which raised $33 million or less...read more
US IPO Weekly Recap: Smaller deals slip through the IPO window before the Thanksgiving break
Four smaller IPOs priced this past week, joined by one SPAC. The biggest news came from the pipeline, with product assessment services provider UL Solutions (ULS) filing for an estimated $1 billion IPO, followed by a sizable filing from...read more
Service robot developer Richtech Robotics prices IPO at $5
Richtech Robotics, which develops and sells service robots for the hospitality and other industries, raised $11 million by offering 2.1 million shares at $5, as expected. The company offered 0.1 million more shares than anticipated. It originally planned to...read more
Service robot developer Richtech Robotics lowers deal size by 33% ahead of $10 million IPO
Richtech Robotics, which develops and sells service robots for the hospitality and other industries, lowered the proposed deal size for its upcoming IPO on Wednesday. In its latest filing, the company also removed Pacific Century Securities as lead bookrunner...read more