Six IPOs raised $1.4 billion in the past week. The average deal priced 16% below its proposed midpoint, and the week's three large offerings each came in well below the range. The price cuts were enough for an average gain of 5%.
While there were no notable...read more
Veritone, which is developing an AI platform that analyzes unstructured media data, raised $38 million by offering 2.5 million shares at $15, the midpoint of the $14 to $16 range. Veritone originally filed to offer 1.25 million shares before doubling the...read more
Veritone, which is developing a platform that analyzes unstructured media data using AI, raised the proposed deal size for its upcoming IPO on Tuesday. The Newport Beach, CA-based company now plans to raise $38 million by offering 2.5 million shares at a...read more
Seven deals are on the IPO calendar to raise $1.7 billion in week ahead. Industrial parts manufacturer Gardner Denver leads the pack with a $1.0 billion offering...read more
US IPO Weekly Recap: 6 IPOs face heavy valuation cuts and gain 5%
Six IPOs raised $1.4 billion in the past week. The average deal priced 16% below its proposed midpoint, and the week's three large offerings each came in well below the range. The price cuts were enough for an average gain of 5%. While there were no notable...read more
Veritone prices IPO at $15 midpoint
Veritone, which is developing an AI platform that analyzes unstructured media data, raised $38 million by offering 2.5 million shares at $15, the midpoint of the $14 to $16 range. Veritone originally filed to offer 1.25 million shares before doubling the...read more
More media metadata: Veritone doubles IPO deal size to $38 million
Veritone, which is developing a platform that analyzes unstructured media data using AI, raised the proposed deal size for its upcoming IPO on Tuesday. The Newport Beach, CA-based company now plans to raise $38 million by offering 2.5 million shares at a...read more
US IPO Week Ahead: Gardner Denver's $1 billion IPO leads week with 7 offerings
Seven deals are on the IPO calendar to raise $1.7 billion in week ahead. Industrial parts manufacturer Gardner Denver leads the pack with a $1.0 billion offering...read more