US IPOs continued to make a strong showing this week, with 11 deals raising an aggregate of $1.6 billion in proceeds. It was the busiest week since the week of November 5, 2007, which saw 13 pricings. Performance was mixed, with an average total return of 7%;...read more
WCI Communities, which develops luxury residential communities and homes in coastal Florida, raised $102 million by offering 6.8 million shares (all primary) at $15, the low end of the downwardly revised range of $15 to $17. The company had originally planned to...read more
WCI Communities, which develops luxury residential communities and homes in coastal Florida, lowered the proposed deal size for its upcoming IPO on Wednesday. The Bonita Springs, FL-based company now plans to raise $109 million by offering 6.8 million shares at...read more
Last week was a busy week for US IPOs, with seven deals pricing and five more setting terms. OncoMed (OMED) delivered last week's best performing deal, gaining 60% on its first day of trading, the best first-day return for a biotech since July 2000. Activity...read more
US IPO Recap: 11 deals price in busiest week since November 2007, eight companies set terms
US IPOs continued to make a strong showing this week, with 11 deals raising an aggregate of $1.6 billion in proceeds. It was the busiest week since the week of November 5, 2007, which saw 13 pricings. Performance was mixed, with an average total return of 7%;...read more
WCI Communities prices IPO at $15, the low end of the downwardly revised range
WCI Communities, which develops luxury residential communities and homes in coastal Florida, raised $102 million by offering 6.8 million shares (all primary) at $15, the low end of the downwardly revised range of $15 to $17. The company had originally planned to...read more
Florida luxury homebuilder WCI Communities decreases range and removes insider selling ahead of IPO
WCI Communities, which develops luxury residential communities and homes in coastal Florida, lowered the proposed deal size for its upcoming IPO on Wednesday. The Bonita Springs, FL-based company now plans to raise $109 million by offering 6.8 million shares at...read more
US IPO Recap: Seven deals price, five set terms as busy July continues
Last week was a busy week for US IPOs, with seven deals pricing and five more setting terms. OncoMed (OMED) delivered last week's best performing deal, gaining 60% on its first day of trading, the best first-day return for a biotech since July 2000. Activity...read more