IPO Pickup Interrupted by Market CorrectionIn the first quarter of 2025, 44 IPOs raised a combined $9.4 billion, after a strong start was cut off by a market correction near quarter end. Both deal count and proceeds increased from the 1Q24, despite concerns...read more
Eighteen IPOs raised a combined $2.8 billion in February, well above the 10-year historical average (12 IPOs, $2.1B). Micro-caps dominated deal flow, but five issuers completed offerings of $100 million or more, led by SailPoint (SAIL), which raised $1.4...read more
Seven IPOs and three SPACs listed this week. Seven IPOs and four SPACs submitted initial filings.Identity governance software provider SailPoint (SAIL) priced it upsized IPO at the top of the upwardly revised range to raise $1.4 billion at a $13.2 billion...read more
SailPoint, which provides identity governance software to enterprises, raised $1.4 billion by offering 60 million shares (4% secondary) at $23, the high end of the upwardly revised range of $21 to $23. The company offered 10 million more shares than anticipated....read more
Renaissance Capital's 1Q 2025 US IPO Market Review
IPO Pickup Interrupted by Market CorrectionIn the first quarter of 2025, 44 IPOs raised a combined $9.4 billion, after a strong start was cut off by a market correction near quarter end. Both deal count and proceeds increased from the 1Q24, despite concerns...read more
Renaissance Capital's February IPO Market Update
Eighteen IPOs raised a combined $2.8 billion in February, well above the 10-year historical average (12 IPOs, $2.1B). Micro-caps dominated deal flow, but five issuers completed offerings of $100 million or more, led by SailPoint (SAIL), which raised $1.4...read more
US IPO Weekly Recap: Big listings post mixed results in busy 7 IPO week
Seven IPOs and three SPACs listed this week. Seven IPOs and four SPACs submitted initial filings.Identity governance software provider SailPoint (SAIL) priced it upsized IPO at the top of the upwardly revised range to raise $1.4 billion at a $13.2 billion...read more
Enterprise security firm SailPoint prices upsized IPO at $23, the high end of the raised range
SailPoint, which provides identity governance software to enterprises, raised $1.4 billion by offering 60 million shares (4% secondary) at $23, the high end of the upwardly revised range of $21 to $23. The company offered 10 million more shares than anticipated....read more