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US IPO Weekly Recap: An active week as 7 IPOs average 16% pop

CELC

Seven deals raised a combined $1.2 billion this past week and first day returns averaged 16%. Performance was particularly strong for the healthcare space; Chinese cancer biotech Zai Lab led the pack, returning 55% on its first day,...read more

China's Best delivery company: Best sets terms for $869 million US IPO

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Best, an Alibaba-backed logistics company with 400 centers across China, announced terms for its IPO on Wednesday. The Hangzhou, China-based company plans to raise $869 million by offering 62.1 million shares (14% insider) at a price range of $13 to $15. At...read more

Renaissance Capital's 2016 US IPO Annual Review

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With the S&P 500 at record highs and average IPO returns handily beating the broad market indices, the US IPO market should have produced high levels of issuance in 2016. Instead, proceeds fell to their lowest level since 2003 and activity was the worst...read more

US IPO Weekly Recap: The first marijuana-related REIT cuts deal significantly to get done

IIPR

The post-Thanksgiving IPO market got off to a slower start than expected, with just one company raising $67 million, no filings and three launches this week, including Apollo-backed fixed-annuity provider Athene Holding, fluid subsystem delivery...read more