Last week marked the end of the greatest amount of biotech activity across a two-week stretch in over a decade (14 pricings from 1/29 to 2/11). However, without any superstar performers like January’s Dicerna (DRNA; up 160%) or Ultragenyx (RARE; 110%),...read more
The week’s five health sector IPOs have produced lackluster returns; together they are down 1% on average from their IPO prices. Amedica (AMDA), which creates improved spine, hip and joint replacements, dropped 6% today after pricing at the largest...read more
Installed Building Products, the second largest new residential insulation installer in the US, raised $82 million by offering 7.5 million shares at $11.00, below the range of $14 to $16. The company originally planned to sell 9 million shares, of which 2.25...read more
Installed Building Products, the second largest new residential insulation installer in the US, removed insider selling and increased primary shares offered for its upcoming IPO on Wednesday. The Columbus, OH-based company now plans to raise $112 million by...read more
US IPO Recap: Wave goodbye to the biotech wave as tech prepares to take over
Last week marked the end of the greatest amount of biotech activity across a two-week stretch in over a decade (14 pricings from 1/29 to 2/11). However, without any superstar performers like January’s Dicerna (DRNA; up 160%) or Ultragenyx (RARE; 110%),...read more
Health IPOs down 1% and housing IPOs trade up after heavy discount
The week’s five health sector IPOs have produced lackluster returns; together they are down 1% on average from their IPO prices. Amedica (AMDA), which creates improved spine, hip and joint replacements, dropped 6% today after pricing at the largest...read more
Residential insulation company Installed Building Products prices IPO at $11, well below the range
Installed Building Products, the second largest new residential insulation installer in the US, raised $82 million by offering 7.5 million shares at $11.00, below the range of $14 to $16. The company originally planned to sell 9 million shares, of which 2.25...read more
Installed Building removes insider selling and increases primary shares offered, deal size is now $112 million
Installed Building Products, the second largest new residential insulation installer in the US, removed insider selling and increased primary shares offered for its upcoming IPO on Wednesday. The Columbus, OH-based company now plans to raise $112 million by...read more