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US IPO Weekly Recap: A LatAm bank and three minor health care IPOs struggle

SUPV

The past week saw four IPOs produce insignificant returns. All four deals finished the week at or above the offer price, but none gained more than 5%. The first bank IPO of 2016, Argentina-based Grupo Supervielle dual listed in New York and Buenos Aires; its...read more

Cancer therapies get a price cut: Merus prices upsized IPO well below the range at $10

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Merus, which is developing bispecific antibody treatments for solid tumors, raised $55 million by offering 5.5 million shares at $10. It originally planned to offer 4.3 million shares at a range of $14 to $16. Its new market cap of $158 million is a 29% discount...read more

US IPO Week ahead: Four more IPOs set up May 2016 to be most active month YTD

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There are four companies set to debut in the week ahead, but only one company with substantial revenue and profit - small-cap Argentinian bank Grupo Supervielle (SUPV). Three additional deals launched and are set to price in May including the...read more

Novartis, J&J and Pfizer-backed Merus sets terms for $65 million IPO

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Merus, which is developing bispecific antibody treatments for solid tumors, announced terms for its IPO on Monday. The Utrecht, Netherlands-based company plans to raise $65 million by offering 4.3 million shares at a price range of $14 to $16. Insiders...read more