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...read more
The IPO market closed out June with four deals, three of which raised $100+ million. In the pipeline, nine companies submitted initial filings, led by what could be the largest IPO of 2024 to date. Web comic platform WEBTOON Entertainment...read more
WEBTOON Entertainment, a leading online cartoon platform carved out of South Korea's NAVER, raised $315 million by offering 15 million shares at $21, the high end of the range of $18 to $21. New investor BlackRock indicated on $50 million of the offering (16% of...read more
Updated Monday, 6/24. Four IPOs are currently scheduled to debut in the week ahead as the second quarter comes to a close. Immunology biotech Alumis (ALMS) plans to raise $300 million at a $1.0 billion market cap. The company is...read more
Updated: Renaissance Capital's 2Q 2024 US IPO Market Review
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...read more
US IPO Weekly Recap: 2Q IPO market closes out with sizable pricings and pipeline additions
The IPO market closed out June with four deals, three of which raised $100+ million. In the pipeline, nine companies submitted initial filings, led by what could be the largest IPO of 2024 to date. Web comic platform WEBTOON Entertainment...read more
Investors assemble: Web-comic platform WEBTOON Entertainment prices IPO at $21, the high end of the range
WEBTOON Entertainment, a leading online cartoon platform carved out of South Korea's NAVER, raised $315 million by offering 15 million shares at $21, the high end of the range of $18 to $21. New investor BlackRock indicated on $50 million of the offering (16% of...read more
US IPO Week Ahead: Carve-outs, cross-listings, and energy plays close out the 2Q IPO market
Updated Monday, 6/24. Four IPOs are currently scheduled to debut in the week ahead as the second quarter comes to a close. Immunology biotech Alumis (ALMS) plans to raise $300 million at a $1.0 billion market cap. The company is...read more