Renaissance Capital logo

CRCT News

US IPO Weekly Recap: Healthcare shines in a 17 IPO week

DRS

In a turbulent week for the IPO market, 17 IPOs and 20 SPACs went public, and one company postponed, defense contractor Leonardo DRS (DRS). While returns cooled off, with just over half of the week’s IPOs finishing below issue, there...read more

Crafting machine maker Cricut prices IPO at $20 low end

Cricut logo

Cricut, which makes smart machines used for crafting and DIY, raised $306 million by offering 15.3 million shares (13% secondary) at $20, the low end of the range of $20 to $22. Cricut's versatile connected machines, design apps, and accessories and...read more

US IPO Week Ahead: Cleaning products, crafting machines, and more in a diverse 15 IPO week

DSEY

Updated Monday, 3/22. 15 IPOs are currently scheduled to raise $5.7 billion in the week ahead as IPO activity continues to pick up. The diverse group spans six sectors and includes cleaning products, defense technology, low-cost TVs, crafting...read more

Crafting machine maker Cricut sets terms for $322 million IPO

Cricut logo

Cricut, which makes smart machines used for crafting and DIY, announced terms for its IPO on Tuesday. The South Jordan, UT-based company plans to raise $322 million by offering 15.3 million shares (13% insider) at a price range of $20 to $22. At the...read more