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MRVI News

These IPOs have outperformed during the biggest sell-off in over a decade

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The US IPO Index has plummeted 51% year-to-date, in the IPO market’s sharpest sell-off since at least the 2008 Global Financial Crisis. Of the 397 traditional IPOs in 2021, only 12% are trading above issue. Rampant speculation and near-zero interest rates...read more

US IPO Week Ahead: The IPO market makes a holiday WISH in a 6 IPO week

WISH

Updated Monday, 12/14. Six IPOs and five SPACs are scheduled to raise $2.8 billion in the week ahead as the IPO market starts to slow down before the holidays. Bargain e-commerce platform Wish (WISH) plans to raise $1.1...read more

US IPO Weekly Recap: Breast cancer biotech pops 158% in a 6 IPO week

OLMA

In a scramble to go public ahead of the holiday, six IPOs and 15 SPACs went public this past week led by breast cancer biotech Olema Pharmaceuticals (OLMA), which soared 158% on its first day. New filings continued to pour in, priming the IPO...read more

Genetic products supplier Maravai LifeSciences prices upsized IPO at $27 high end

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Maravai LifeSciences, which provides genetic products and testing services for drug development and research, raised $1.6 billion by offering 60 million shares at $27, the high end of the $24 to $27 range. As a supplier of oligonucleotides and...read more