Renaissance Capital logo

TPIC News

US IPO Weekly Recap: Three profitable companies deliver double-digit returns

PI

Three profitable companies each traded up more than 20% this past week, while the sole biotech IPO ended flat. Radio-frequency chip maker Impinj, the week's smallest IPO, delivered the largest return (+40%). For 2016 IPOs, first-day returns (+9.0%) have now...read more

TPI Composites prices IPO at $11, low end of the revised range

TPI Composites logo

TPI Composites, a manufacturer of composite blades used in wind turbines, raised $69 million by offering 6.3 million shares at $11, the low end of the revised range of $11 to $12. The company had originally filed to sell 7.3 million shares at $15-$17. Insiders...read more

TPI Composites decreases IPO deal size, adds insider buying and announces failure of a wind blade

TPI Composites logo

TPI Composites, a manufacturer of composite blades used in wind turbines, lowered the proposed deal size for its upcoming IPO on Thursday. The Scottsdale, AZ-based company now plans to raise $72 million by offering 6.3 million shares at a price range of $11...read more

US IPO Week Ahead: Three profitable IPOs and a biotech look to raise $900 million

PTHN

Four IPOs are on the calendar to raise nearly $900 million in the week ahead. Three are profitable, including the fourth-largest offering of 2016 and two companies that...read more