Six IPOs raised $1.4 billion in the past week. The average deal priced 16% below its proposed midpoint, and the week's three large offerings each came in well below the range. The price cuts were enough for an average gain of 5%.
While there were no notable...read more
Five Point Holdings, which owns and develops master-planned communities in coastal California, raised $294 million by offering 21 million shares at $14, well below the range of $18 to $20. Five Point plans to list on the NYSE under the symbol FPH. Citi, J.P....read more
Seven deals are on the IPO calendar to raise $1.7 billion in week ahead. Industrial parts manufacturer Gardner Denver leads the pack with a $1.0 billion offering...read more
Five Point Holdings, which owns and develops master-planned communities in coastal California, announced terms for its IPO on Monday.
The Aliso Viejo, CA-based company plans to raise $399 million by offering 21 million shares at a price range of $18 to $20....read more
US IPO Weekly Recap: 6 IPOs face heavy valuation cuts and gain 5%
Six IPOs raised $1.4 billion in the past week. The average deal priced 16% below its proposed midpoint, and the week's three large offerings each came in well below the range. The price cuts were enough for an average gain of 5%. While there were no notable...read more
Land down under: Five Point Holdings prices $294 million IPO well below the range at $14
Five Point Holdings, which owns and develops master-planned communities in coastal California, raised $294 million by offering 21 million shares at $14, well below the range of $18 to $20. Five Point plans to list on the NYSE under the symbol FPH. Citi, J.P....read more
US IPO Week Ahead: Gardner Denver's $1 billion IPO leads week with 7 offerings
Seven deals are on the IPO calendar to raise $1.7 billion in week ahead. Industrial parts manufacturer Gardner Denver leads the pack with a $1.0 billion offering...read more
California real estate developer Five Point Holdings sets terms for $399 million IPO
Five Point Holdings, which owns and develops master-planned communities in coastal California, announced terms for its IPO on Monday. The Aliso Viejo, CA-based company plans to raise $399 million by offering 21 million shares at a price range of $18 to $20....read more