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US IPO Weekly Recap: Tech and life sciences fare well while SmileDirectClub falls flat in 6-IPO week

MDWL.RC

In the first busy week since the August break, six companies and two SPACs entered the public market. VC-backed health and tech fared well, led by 10x Genomics (TXG) and Cloudflare (NET), while ...read more

Financial services provider Alerus Financial prices IPO at $21, below the range

Alerus Financial logo

Alerus Financial, a regional bank with a focus on retirement and benefit services, raised $60 million by offering 2.9 million shares at $21, below the range of $22 to $24. The company sold 390,000 less shares and raised 20% less than anticipated. ...read more

US IPO Week Ahead: IPO market is all smiles with 6 deals including SmileDirectClub

TXG

After a month-long break, the IPO market is picking up with six deals expected to raise $2.2 billion in the week ahead. Three companies are targeting IPO valuations of $3.5 billion or more. SmileDirectClub (SDC) is the week's largest...read more

Financial services provider Alerus Financial sets terms for $75 million IPO

Alerus Financial logo

Alerus Financial, a diversified financial services provider with locations in five states, announced terms for its IPO on Tuesday. The Grand Forks, ND-based company plans to raise $75 million by offering 3.3 million shares at a price range of $22 to $24. At...read more