IPO Pickup Interrupted by Market CorrectionIn the first quarter of 2025, 44 IPOs raised a combined $9.4 billion, after a strong start was cut off by a market correction near quarter end. Both deal count and proceeds increased from the 1Q24, despite concerns...read more
Eighteen IPOs raised a combined $2.8 billion in February, well above the 10-year historical average (12 IPOs, $2.1B). Micro-caps dominated deal flow, but five issuers completed offerings of $100 million or more, led by SailPoint (SAIL), which raised $1.4...read more
Two sizable companies and a handful of small Asian issuers listed in the US this past week.Titan America (TTAM), the US business unit of Titan Cement, priced slightly below the midpoint to raise $384 million at a $2.9 billion market cap. Operating primarily...read more
Titan America, the US business of global cement producer Titan Cement, raised $384 million by offering 24 million shares (63% secondary) at $16, within the range of $15 to $18. Titan America is a leading vertically integrated, multi-regional manufacturer and...read more
Renaissance Capital's 1Q 2025 US IPO Market Review
IPO Pickup Interrupted by Market CorrectionIn the first quarter of 2025, 44 IPOs raised a combined $9.4 billion, after a strong start was cut off by a market correction near quarter end. Both deal count and proceeds increased from the 1Q24, despite concerns...read more
Renaissance Capital's February IPO Market Update
Eighteen IPOs raised a combined $2.8 billion in February, well above the 10-year historical average (12 IPOs, $2.1B). Micro-caps dominated deal flow, but five issuers completed offerings of $100 million or more, led by SailPoint (SAIL), which raised $1.4...read more
US IPO Weekly Recap: Cement and cystic fibrosis drugs lead a 6 IPO week
Two sizable companies and a handful of small Asian issuers listed in the US this past week.Titan America (TTAM), the US business unit of Titan Cement, priced slightly below the midpoint to raise $384 million at a $2.9 billion market cap. Operating primarily...read more
Cement production carve-out Titan America prices IPO slightly below the midpoint at $16
Titan America, the US business of global cement producer Titan Cement, raised $384 million by offering 24 million shares (63% secondary) at $16, within the range of $15 to $18. Titan America is a leading vertically integrated, multi-regional manufacturer and...read more