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MOGU News

US IPO Weekly Recap: Biggest biotech breaks in 3-IPO week

MRNA

Moderna (MRNA) was not the cure for the biotech industry, which has broadly sold off this quarter. Moderna upsized its offering to raise $604 million at a record-shattering $8.1 billion valuation. It is the largest biotech IPO by both...read more

Chinese fashion portal MOGU prices US IPO at $14, the low end of the range

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MOGU, a Tencent-backed online fashion marketplace in China, raised $67 million by offering 4.8 million ADSs at $14, the low end of the range of $14 to $16. MOGU plans to list on the NYSE under the symbol MOGU. Morgan Stanley, Credit Suisse and China...read more

US IPO Week Ahead: Largest-ever biotech IPO Moderna leads 4-deal week

MRNA

Four companies plan to raise $689 million during the week ahead. Biotech giant Moderna (MRNA) continues this year's boom of large biotech IPOs. Developing a platform of messenger RNA, Moderna is raising $500 million at an $8.0 billion...read more

Chinese fashion portal MOGU sets terms for $71 million US IPO

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MOGU, a Tencent-backed online fashion marketplace in China, announced terms for its IPO on Friday. The company operates the Meilishuo (Meili) and Mogujie fashion platforms. The Hangzhou, China-based company plans to raise $71 million by offering 4.75...read more