Renaissance Capital logo

INTJ News

US IPO Weekly Recap: Tech IPOs pop as end of March approaches

RDDT

Four IPOs priced this past week, joined by one SPAC. After upping its terms at the start of the week, chipmaker Astera Labs (ALAB) priced above the raised range to raise $713 million at a $6.3 billion market cap. Astera offers its Intelligent...read more

Hong Kong-based financial PR firm Intelligent Group prices US IPO at $4, the low end of the range

Intelligent Group logo

Intelligent Group, which provides financial public relations consulting in Hong Kong, raised $8 million by offering 1.9 million shares at $4, the low end of the range of $4 to $5. The company offered 0.1 million fewer shares than anticipated. Intelligent Group...read more

US IPO Week Ahead: 2024 gets its first large tech IPOs, with Reddit and Astera Labs set to debut

RDDT

The end of the first quarter is on the horizon, and the IPO calendar is starting to heat up, with the week ahead set to be led by the year’s first large tech IPOs. Social media platform Reddit (RDDT) plans to raise $715 million at a...read more

US IPO Week Ahead: IPO market kicks off March with small deals

RYDE

A few small issuers are currently scheduled to price in the week ahead, though others may join late. While the calendar is relatively quiet for now, we expect activity to pick back up in March, with tech names Astera Labs (ALAB) and...read more