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SITM News

US IPO Week Ahead: Online insurance platform plans largest US IPO since February

SLQT

Updated Monday 5/18 The largest US IPO since February, a SPAC, and a medical device company IPO are on the calendar for the week ahead. SelectQuote (SLQT), an online platform for comparing and purchasing insurance, plans to raise...read more

US IPO Weekly Recap: Time for semiconductors as SiTime pops 44% in 3-IPO week

SITM

Three companies entered the public market, including the first two semiconductor IPOs in two years, and all priced at the low end in another week marked by mark-downs. They were joined by five SPACs, the most SPACs in a week, ever. Chinese debt collector...read more

Semiconductor producer SiTime prices IPO at $13 low end

SiTime logo

SiTime, the fabless producer of silicon timing systems being spun out of MegaChips, raised $56 million by offering 4.3 million shares at $13, the low end of the range of $13 to $15, to command a market value of $186 million. SiTime plans to list on the Nasdaq...read more

US IPO Week Ahead: IPO market cashes in on crypto as Canaan leads 5-IPO week

CAN

Five IPOs and two SPACs plan to raise $634 million in the week ahead. One of the leading makers of cryptocurrency mining equipment, Canaan (CAN) plans to raise $100 million at a $1.6 billion market cap. It originally filed to raise $400...read more