Renaissance Capital logo

LI News

The road less traveled: 14 auto-tech plays going public via SPAC

Li Auto logo

The quiet buzz of electric vehicles is growing louder as more EV makers choose to go public by merging with a SPAC. While several large Chinese EV companies have completed IPOs in recent years (NIO, LI, XPEV), the last major US EV maker to IPO was...read more

Updated: Renaissance Capital's 3Q 2020 US IPO Market Review

Li Auto logo

IPO Frenzy Drives Busiest Third Quarter Since 2000 The US IPO market had its busiest third quarter by deal count since the Dot-com era, with 81 IPOs raising $28.5 billion. The high volume...read more

US IPO Week Ahead: Chinese EV's billion-dollar deal closes out summer in a 2 IPO week

XPEV

Two IPOs and two SPACs are scheduled to go public in the week ahead. Chinese EV maker Xpeng (XPEV) is leading summer's last wave with a billion-dollar deal. Xpeng (XPEV) plans to raise $1.0 billion at an $8.8 billion market cap....read more

US IPO Weekly Recap: Vital Farms pops 60% in a 7 IPO week

ALVR

Seven IPOs and five SPACs entered the public markets this week led by top performer Vital Farms (VITL), which popped 60% in its public debut. Vital Farms (VITL), the largest US producer of pasture-raised eggs, upsized and priced above...read more