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MRBK News

US IPO Weekly Recap: 10 companies go public in the busiest week of 2017

CBTX

Ten companies raised a combined $1.6 billion in the most active week of the 2017 IPO market. Texas community bank CBTX took the top spot with a 10% pop, which is still below the long term historical average of 13%. The week featured three...read more

Philadelphia's Meridian Bank prices $40 million IPO at $17 low end

Meridian Bank logo

Meridian Bank, a commercial bank with 22 locations in the Philadelphia MSA, raised $40 million by offering 2.35 million shares at $17, the low end of the range of $17 to $19. Meridian Bank plans to list on the Nasdaq under the symbol MRBK. Sandler O'Neill...read more

US IPO Week Ahead: China's #2 search engine leads busiest week of 2017 with 11 IPOs

SOGO

An active 4Q17 powers ahead with 11 IPOs scheduled to raise $2.0 billion in the coming week. That would make it the IPO market's busiest week of the year. The activity level is unsurprising given the 32 new filings in October, a two-year high. We also expect a...read more

Philadelphia's Meridian Bank announces $40 million IPO

Meridian Bank logo

Meridian Bank, a commercial bank with 22 locations in the Philadelphia MSA, announced in a press release that it launched an initial public offering. The offering will...read more

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