Renaissance Capital logo

HCP News

The last major IPOs of 2021 see their lock-ups expire in the coming week

HashiCorp logo

A number of IPO lock-up agreements are set to expire next week, including for VC-backed HashiCorp and Samsara, the last major deals of 2021. As a result of these lock-up expirations, hundreds of millions of shares held by...read more

US IPO Weekly Recap: Digital banking leads a 3 IPO week

NU

After a quiet start to the month, the IPO market picked up slightly with three IPOs this past week, joined by 21 SPACs. The pipeline stayed relatively quiet, with just two IPOs and six SPACs submitting initial filings. Brazil-based Nu Holdings ...read more

Cloud infrastructure platform HashiCorp prices IPO at $80, well above the range

HashiCorp logo

HashiCorp, which provides cloud infrastructure and data center management solutions, raised $1.2 billion by offering 15.3 million shares at $80, above the range of $68 to $72. The company states that its cloud operating model provides consistent workflows and a...read more

US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week

NU

The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion. Buffett-backed Nu Holdings (NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only...read more