MRX News
Archived Headlines
- US IPO Week Ahead: IPO market sees cybersecurity, trading services, and aerospace 04/19/24
- UK trading services provider Marex Group sets terms for $300 million US IPO 04/15/24
- US IPO Weekly Recap: Biotech leads short 3 IPO week 03/28/24
- UK trading services provider Marex Group files for an estimated $500 million US IPO 03/26/24
Renaissance Capital's April IPO Market Update
Eighteen IPOs raised a combined $5.3 billion in April, above the 10-year historical average by deal count and proceeds (16 IPOs, $3.7B). It was the busiest month for both overall new issuance and $100+ million IPOs since November 2021. Nine deals raised $100...read more
US IPO Weekly Recap: Flurry of IPOs raise over $1.3 billion, led by cybersecurity unicorn Rubrik
Six IPOs debuted this past week, four of which were included on our stats, and two IPOs submitted initial filings. Enterprise data management and security platform Rubrik (RBRK) priced its upsized IPO above the range to raise $752 million at...read more
UK commodities broker Marex Group prices US IPO slightly below the midpoint at $19
Marex Group, a UK commodities broker and trading services firm, raised $292 million by offering 15.4 million shares (75% secondary) at $19, within the range of $18 to $21. A new investor had indicated on $50 million worth of shares in the offering (17% of the...read more
These sectors lead performance as the summer IPO market comes into view
The summer IPO market is on the horizon, and despite the latest bout of volatility, we expect a gradual pickup in new issuance in the coming months. After the strong rally in IPO returns last year, recent trading has been muted overall, but a few sectors have...read more