Turo, an online platform for peer-to-peer car sharing, withdrew its plans for an initial public offering on Thursday. It originally filed in January 2022 with an estimated deal size of $300 million.Turo states that it is the world’s largest car sharing...read more
No IPOs are currently scheduled to price in the week ahead.Excluding micro-caps, we expect a mostly quiet calendar through the end of the year, though a couple large issuers could come to market before year end. Business management platform ServiceTitan (TTAN)...read more
After two quiet years, the US IPO market has slowly rebounded in 2024, though activity remains below the 10-year average. Broader markets have rallied amid an encouraging macro picture, a strong tech sector, and the prospect of rate cuts, which have coaxed more ...read more
The May IPO market is expected to end on a quiet note, with no IPOs currently scheduled for the short Memorial Day week.While the calendar is fairly empty for now, we could see some issuers launch in the week ahead for early June IPOs. Two recent large filers...read more
Car sharing platform Turo withdraws estimated $300 million IPO
Turo, an online platform for peer-to-peer car sharing, withdrew its plans for an initial public offering on Thursday. It originally filed in January 2022 with an estimated deal size of $300 million.Turo states that it is the world’s largest car sharing...read more
US IPO Week Ahead: December IPO market starts with a quiet week
No IPOs are currently scheduled to price in the week ahead.Excluding micro-caps, we expect a mostly quiet calendar through the end of the year, though a couple large issuers could come to market before year end. Business management platform ServiceTitan (TTAN)...read more
Fall 2024 US IPO Preview: Steady Flow of Deals to Close Out the Year
After two quiet years, the US IPO market has slowly rebounded in 2024, though activity remains below the 10-year average. Broader markets have rallied amid an encouraging macro picture, a strong tech sector, and the prospect of rate cuts, which have coaxed more ...read more
US IPO Week Ahead: IPO market breaks for the short Memorial Day week
The May IPO market is expected to end on a quiet note, with no IPOs currently scheduled for the short Memorial Day week.While the calendar is fairly empty for now, we could see some issuers launch in the week ahead for early June IPOs. Two recent large filers...read more