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THRD News

Nearly 90% of 2022's large IPOs are trading above issue

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While market conditions are still keeping the IPO window mostly closed, the year's large issuers are finding support, especially over the past few months. Excluding high-flying outlier HKD, just 15 IPOs have raised $100 million or more in 2022, and 13 (87%)...read more

Updated: Renaissance Capital's 3Q 2022 US IPO Market Review

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IPO Market Misfires in the Slowest 3Q in Over a Decade It was the worst third quarter for new issuers in over a decade, with 25 IPOs raising $2.4 billion as the 2022 US IPO market remains on...read more

US IPO Weekly Recap: Billion-dollar deal Corebridge completes 2022’s largest IPO to date

CRBG

Six issuers began trading this past week, four of which will be included in our stats. The most notable debuts included Corebridge Financial (CRBG) and Third Harmonic Bio (THRD). The pipeline was also active, with seven IPOs...read more

Inflammatory disease biotech Third Harmonic Bio prices upsized IPO at $17 midpoint

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Third Harmonic Bio, a Phase 1 biotech developing a therapy for allergic and inflammatory diseases, raised $185 million by offering 10.9 million shares at $17, the midpoint of the $16 to $18 range. The company offered 1.9 million more shares than anticipated. ...read more