Eleven US IPOs raised a combined $708 million in November, well below the month's historical 10-year average (16 IPOs, $4.2B). Deal flow was led by three sizable issuers, and remaining activity came from smaller companies, all of which raised $33 million or...read more
Three IPOs and two SPACs debuted this week, while the pipeline got a boost from a flurry of initial filings. Oncology biotech CARGO Therapeutics (CRGX) priced at the bottom of the range to raise $281 million at a $611 million market cap. The biotech's lead...read more
Globavend Holdings, which provides cross-border logistics and shipping services, raised $6 million by offering 1.5 million shares at $4, the low end of the range of $4 to $5. The company offered 0.4 million fewer shares than anticipated. Globavend provides...read more
The IPO calendar was quiet this past week, but the pipeline got a boost from several large deals. UK-based chip designer Arm (ARM) and grocery delivery platform Instacart (CART) led the week’s news, filing for IPOs that we estimate could raise up to...read more
Renaissance Capital's November IPO Market Update
Eleven US IPOs raised a combined $708 million in November, well below the month's historical 10-year average (16 IPOs, $4.2B). Deal flow was led by three sizable issuers, and remaining activity came from smaller companies, all of which raised $33 million or...read more
US IPO Weekly Recap: Reinsurance and CAR T therapies lead a 3 IPO week
Three IPOs and two SPACs debuted this week, while the pipeline got a boost from a flurry of initial filings. Oncology biotech CARGO Therapeutics (CRGX) priced at the bottom of the range to raise $281 million at a $611 million market cap. The biotech's lead...read more
Cross-border logistics provider Globavend prices downsized US IPO at $4, the low end of the range
Globavend Holdings, which provides cross-border logistics and shipping services, raised $6 million by offering 1.5 million shares at $4, the low end of the range of $4 to $5. The company offered 0.4 million fewer shares than anticipated. Globavend provides...read more
US IPO Weekly Recap: September IPO roster gets a boost as Arm, Instacart, and other large filers join the pipeline
The IPO calendar was quiet this past week, but the pipeline got a boost from several large deals. UK-based chip designer Arm (ARM) and grocery delivery platform Instacart (CART) led the week’s news, filing for IPOs that we estimate could raise up to...read more