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SQSP News

Bright Green to flashing red: 2022's first direct listing plummets after explosive early trading

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Last month, early-stage US cannabis producer Bright Green (BGXX) completed the first direct listing of 2022, and began trading on the Nasdaq at a market cap of more than $1 billion. Despite registering nearly 100% of its shares, Bright Green...read more

Renaissance Capital's May IPO Market Update

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In May, 23 IPOs raised $5.8 billion, joined by direct listings ZipRecruiter and Squarespace, along with 18 SPACs. Including the direct listings, technology was the most active sector with eight deals, featuring several platforms supporting payments and...read more

US IPO Weekly Recap: Oatly and Procore shine in a 3 IPO, 1 direct listing week

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Following some turmoil in the IPO market, three IPOs and one direct listing entered the public markets this past week. SPAC activity picked up considerably, with seven blank check IPOs raising $1.3 billion. The pipeline saw plenty of new filers, with 13 IPOs...read more

Squarespace's NYSE reference price is set at $50 ahead of Wednesday's direct listing

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Squarespace's NYSE reference price has been set at $50 ahead of its direct listing. At that price, Squarespace would command a fully diluted market value of $7.4 billion. The New York, NY-based company plans to list on the NYSE today under the symbol SQSP...read more