After a clear recovery in growth stocks last year, Astera Labs (ALAB) and Reddit (RDDT) have kicked off 2024’s tech IPO pickup. Still, many of the largest software unicorns are content sitting on the sidelines, as...read more
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
The IPO market saw an uptick in activity this past week with six IPOs raising $919 million, led by IoT solutions developer Samsara (IOT). 14 SPACs also went public. The pipeline got a boost, with six IPOs and three SPACs submitting...read more
Samsara, which develops fleet management and other Internet of Things solutions for businesses, raised $805 million by offering 35 million shares at $23, the high end of the range of $20 to $23. Samsara states that it has pioneered its end-to-end...read more
Software multiples haven’t fully recovered to pre-pandemic levels. Some major tech IPOs are sitting on the sidelines.
After a clear recovery in growth stocks last year, Astera Labs (ALAB) and Reddit (RDDT) have kicked off 2024’s tech IPO pickup. Still, many of the largest software unicorns are content sitting on the sidelines, as...read more
The last major IPOs of 2021 see their lock-ups expire in the coming week
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: 6 IPOs debut ahead of the shortened holiday week
The IPO market saw an uptick in activity this past week with six IPOs raising $919 million, led by IoT solutions developer Samsara (IOT). 14 SPACs also went public. The pipeline got a boost, with six IPOs and three SPACs submitting...read more
IoT solutions developer Samsara prices IPO at $23 high end
Samsara, which develops fleet management and other Internet of Things solutions for businesses, raised $805 million by offering 35 million shares at $23, the high end of the range of $20 to $23. Samsara states that it has pioneered its end-to-end...read more