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