The Renaissance IPO Index has had a positive start to the third quarter, and this week reached its highest level since April 2022. Prior to yesterday’s sell-off, markets rallied from the past week as a cool inflation report and positive...read more
In October 2021, 40 IPOs raised $12.3 billion, joined by 53 SPACs that raised $9.1 billion. Healthcare dominated activity, accounting for 17 of the month’s IPOs, with technology close behind at 12 deals. Leading US semiconductor foundry GlobalFoundries...read more
The IPO market remained active this past week as seven IPOs raised $2.1 billion. SPAC activity kept steady with 10 blank check IPOs raising $1.6 billion. New filers continued to pour into the IPO pipeline, with 12 IPOs and nine SPACs submitting initial filings. ...read more
GitLab, which provides software development and collaboration tools for programmers, raised $801 million by offering 10.4 million shares (19% secondary) at $77, well above the upwardly revised range of $66 to $69. The company originally planned to offer shares...read more
The IPO Index reached a two-year high this week. Here are the biggest winners.
The Renaissance IPO Index has had a positive start to the third quarter, and this week reached its highest level since April 2022. Prior to yesterday’s sell-off, markets rallied from the past week as a cool inflation report and positive...read more
Renaissance Capital’s October IPO Market Update
In October 2021, 40 IPOs raised $12.3 billion, joined by 53 SPACs that raised $9.1 billion. Healthcare dominated activity, accounting for 17 of the month’s IPOs, with technology close behind at 12 deals. Leading US semiconductor foundry GlobalFoundries...read more
US IPO Weekly Recap: DevOps platform GitLab leads a 7 IPO week
The IPO market remained active this past week as seven IPOs raised $2.1 billion. SPAC activity kept steady with 10 blank check IPOs raising $1.6 billion. New filers continued to pour into the IPO pipeline, with 12 IPOs and nine SPACs submitting initial filings. ...read more
Software development platform GitLab prices IPO at $77, well above the upwardly revised range
GitLab, which provides software development and collaboration tools for programmers, raised $801 million by offering 10.4 million shares (19% secondary) at $77, well above the upwardly revised range of $66 to $69. The company originally planned to offer shares...read more