Rocket Fuel and FireEye had first-day returns (93% and 80%, respectively) to match their incendiary names last week, but neither could touch Benefitfocus's 102% first-day pop, just the tenth first-day double since 2000. The three represented the most 80%+...read more
Volaris Aviation Holding, a Mexican airline that provides low-cost service to 30 Mexican and 10 US cities, raised $346 million on Tuesday by offering 28.8 million ADSs (40% insider) at $12, the low end of the $12 to $14 range. Volaris Aviation, which filed with...read more
There was no pricing activity in the US IPO market last week, as the typical end of August slow down continued, but two deals set terms, including Mexican airline Volaris (VLRS) and biotech Evoke Pharma (EVOK), and filing activity indicates that deals are...read more
US IPO Recap: Blazing debuts for software trio FireEye, Rocket Fuel and Benefitfocus
Rocket Fuel and FireEye had first-day returns (93% and 80%, respectively) to match their incendiary names last week, but neither could touch Benefitfocus's 102% first-day pop, just the tenth first-day double since 2000. The three represented the most 80%+...read more
Mexican airline Volaris Aviation prices IPO at $12 low end, raising $346 million
Volaris Aviation Holding, a Mexican airline that provides low-cost service to 30 Mexican and 10 US cities, raised $346 million on Tuesday by offering 28.8 million ADSs (40% insider) at $12, the low end of the $12 to $14 range. Volaris Aviation, which filed with...read more
12 US IPOs planned for the week of Sep 16
The following IPOs are expected to price this week: Acceleron Pharma (XLRN), a clinical stage biotech developing protein therapeutics for cancer and rare diseases, plans...read more
US IPO Recap: Two deals set terms, ten new filers added to the pipeline
There was no pricing activity in the US IPO market last week, as the typical end of August slow down continued, but two deals set terms, including Mexican airline Volaris (VLRS) and biotech Evoke Pharma (EVOK), and filing activity indicates that deals are...read more