Renaissance Capital logo

TSP News

The erosion of the IPO lock-up

TuSimple Holdings logo

2021 went down as a historic year for the IPO market, with both activity and proceeds reaching record levels. A lesser-known record: the explosion of early lock-up provisions. In effect, IPO insiders are now able to cash out earlier than ever. ...read more

Updated: Renaissance Capital's 2Q 2021 US IPO Market Review

TuSimple Holdings logo

IPO Market Sets Another Post-2000 Record in the Second Quarter The US IPO market delivered another landmark quarter in the 2Q21, with 115 IPOs raising $40.7 billion. It was the biggest quarter...read more

US IPO Weekly Recap: Coinbase’s direct listing headlines a 9 IPO week

COIN

The IPO market revved back to life with nine IPOs raising $5.4 billion, joined by crypto exchange Coinbase’s direct listing. SPAC activity continued to decline, with just two raising $700 million. Pipeline activity held steady, with 10 IPOs, six SPACs, and...read more

Autonomous trucking startup TuSimple prices IPO above the range at $40

TuSimple Holdings logo

TuSimple Holdings, which is developing autonomous driving technology for freight trucks, raised $1.4 billion by offering 33.8 million shares (20% secondary) at $40, above the range of $35 to $39. Cornerstone investors BlackRock, Fidelity, and Capital World...read more