The IPO market took a break this week, with just one issuer raising $44 million. Blank check activity remained robust with 16 SPACs raising $3.4 billion. New filers continued to build the IPO pipeline, with 10 IPOs and 45 SPACs submitting initial filings. ...read more
Castlight Health (CSLT) completed the fourth technology IPO of the year, and its 149% first day return brought the sector's average up to 95% for 2014. Castlight was also the ...read more
Ignyta, a clinical-stage biotech developing targeted cancer therapeutics, raised $48 million by offering 5.2 million shares at $9.15. The deal size was 20% greater than expected. Ignyta, which has traded with very low volume on the OTCQB and OTCBB since December...read more
Last week Coupons.com (COUP), the year's third tech IPO (after Varonis (VRNS) and Care.com (CRCM)), continued a strong run for the sector with an 88% first-day gain; the three offerings now average an 83% total return to date. Others hope to cash in on...read more
US IPO Weekly Recap: The IPO market takes its annual February break in a 1 IPO week
The IPO market took a break this week, with just one issuer raising $44 million. Blank check activity remained robust with 16 SPACs raising $3.4 billion. New filers continued to build the IPO pipeline, with 10 IPOs and 45 SPACs submitting initial filings. ...read more
US IPO Recap: Castlight Health's 149% pop shows healthy tech demand
Castlight Health (CSLT) completed the fourth technology IPO of the year, and its 149% first day return brought the sector's average up to 95% for 2014. Castlight was also the ...read more
Ignyta prices IPO at $9.15
Ignyta, a clinical-stage biotech developing targeted cancer therapeutics, raised $48 million by offering 5.2 million shares at $9.15. The deal size was 20% greater than expected. Ignyta, which has traded with very low volume on the OTCQB and OTCBB since December...read more
US IPO Recap: Coupons.com jumps 88% and Biomet files for an IPO
Last week Coupons.com (COUP), the year's third tech IPO (after Varonis (VRNS) and Care.com (CRCM)), continued a strong run for the sector with an 88% first-day gain; the three offerings now average an 83% total return to date. Others hope to cash in on...read more