WAY News

2024 Marks a Solid but Underwhelming Year for IPO ActivityThe US IPO market continued to rebuild in 2024, closing out the year with 150 IPOs raising $29.6 billion. Despite a more than 50% increase in proceeds compared to last year, deal flow was still fairly...read more

US IPO Market Slowly Climbs to a Two-Year High IPO activity hit a two-year high in the second quarter of 2024 but still came in below expectations, with 39 IPOs raising a combined $8.9 billion as investors continued to warm up to new issuers while remaining...read more

Five IPOs debuted this week, and raised over $1.3 billion in proceeds. One SPAC also listed. One name that did not join the fray was aluminum company Novelis (NVL), which called off its planned $878 million IPO at the eleventh-hour. Three IPOs and four SPACs...read more

Waystar Holding, which provides cloud-based revenue management software for the healthcare industry, raised $968 million by offering 45 million shares at $21.50, the midpoint of the range of $20 to $23. New investors Neuberger Berman and QIA had indicated on...read more