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DTEA News

Red hot wings: Wingstop prices $110 million IPO above range at $19

Wingstop, a fast casual chicken wing-focused restaurant chain with 745 locations, raised $110 million by offering 5.8 million shares at $19, above the upwardly revised range of $16 to $18. Wingstop first planned to offer shares at a range of $12 to $14,...read more

US IPO Weekly Recap: DAVIDsTEA boils over, up 42% in a week with four IPOs

Four IPOs raised $613 million in the past week, 11% more than expected thanks to two high-growth consumer and tech IPOs. IPO investors have been discerning: two IPOs priced above...read more

Canadian tea retailer DAVIDsTEA prices IPO at $19, above the upwardly revised range

DAVIDsTEA, a Canadian retailer of its proprietary teas and accessories with 161 stores, raised $97 million by offering 5.1 million shares at $19, above its upwardly revised $17 to $18 range. The company originally planned to offer the same number of shares...read more

High tea: DAVIDsTEA raises range ahead of IPO to $17-18 at a 20% higher valuation

DAVIDsTEA, a Canadian retailer of proprietary teas and accessories with 161 stores, raised the proposed deal size for its upcoming IPO on Wednesday. The Quebec, Canada-based company now plans to raise $92 million by offering 5.1 million shares (41% insider)...read more