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Updated: Renaissance Capital's 3Q 2023 US IPO Market Review

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Large Tech IPOs Stage a Comeback in a Volatile 3Q The third quarter of 2023 produced 30 IPOs that raised a combined $7.8 billion, more than the proceeds raised in the full-year 2022 despite no...read more

US IPO Weekly Recap: Arm trades up after raising nearly $5 billion in 2023’s largest IPO to date

ARM

Five IPOs raised a combined $5.4 billion this past week, led by the blockbuster IPO of Arm (ARM). Three issuers submitted initial filings. The largest IPO of 2023 so far, Arm priced at the top of the range to raise $4.9...read more

Brain disease biotech Neumora Therapeutics prices IPO at $17 midpoint

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Neumora Therapeutics, a Phase 3 biotech developing therapies for neuropsychiatric indications, raised $250 million by offering 14.7 million shares at $17, within the range of $16 to $18. The company's pipeline consists of seven clinical and preclinical...read more

Brain disease biotech Neumora Therapeutics sets terms for $250 million IPO

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Neumora Therapeutics, a Phase 3 biotech developing therapies for brain diseases, announced terms for its IPO on Monday. The Watertown, MA-based company plans to raise $250 million by offering 14.7 million shares at a price range of $16 to $18. At the midpoint...read more