Four growth deals all priced above their respective ranges and traded up on their market debut. Notably, next-generation database company MongoDB priced above its upwardly-revised midpoint and traded up 34% on its first day. This...read more
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
Three IPOs raised $363 million in the past week. The two biotechs and a Chinese school operator popped an average of 21%, helping raise the year-to-date average to 8.3%. Just one company joined the calendar, micro-cap gunshot detector ...read more
Bright Scholar Education Holdings, the largest operator of international and bilingual schools in China, raised $158 million by offering 15 million shares at $10.50, above the range of $8 to $10. Bright Scholar Education Holdings plans to list on the NYSE under...read more
US IPO Weekly Recap: 4 growth IPOs price above the range and average a first day pop of 20%
Four growth deals all priced above their respective ranges and traded up on their market debut. Notably, next-generation database company MongoDB priced above its upwardly-revised midpoint and traded up 34% on its first day. This...read more
US IPO Weekly Recap: An active week as 7 IPOs average 16% pop
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
US IPO Weekly Recap: 3 deals post double-digit returns
Three IPOs raised $363 million in the past week. The two biotechs and a Chinese school operator popped an average of 21%, helping raise the year-to-date average to 8.3%. Just one company joined the calendar, micro-cap gunshot detector ...read more
Bright Scholar prices IPO at $10.50, above the range
Bright Scholar Education Holdings, the largest operator of international and bilingual schools in China, raised $158 million by offering 15 million shares at $10.50, above the range of $8 to $10. Bright Scholar Education Holdings plans to list on the NYSE under...read more