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OPRT News

US IPO Week Ahead: The IPO market shutdown continues with another quiet week

IPOB.U

There are no IPOs scheduled for the week ahead as the IPO market shutdown continues. Two SPACs may price on a day-to-day basis. Renaissance Capital will be releasing its 1Q20 Quarterly Reviews for both the US and the Global IPO...read more

US IPO Weekly Recap: The wheels come off Peloton’s debut, Endeavor pulls IPO as the 3Q nears end

PTON

Just two companies went public this week, and one postponed hours before pricing. Five companies and two SPACs submitted initial filings. The story of the week was Peloton (PTON); the fitness equipment retailer broke issue, opening at $27...read more

Non-prime lender Oportun Financial prices $94 million IPO at the $15 low end

Oportun Financial logo

Oportun Financial, which provides loans to low- or moderate-income consumers with limited credit history, raised $94 million by offering 6.3 million shares (25% insider) at $15, the low end of the range of $15 to $17. Oportun Financial plans to list on the...read more

US IPO Week Ahead: Peloton takes the public market for a spin in 3-IPO week

EDR

Three IPOs plan to raise a combined $1.8 billion in the week ahead. Peloton Interactive (PTON) is the largest, targeting $1.1 billion at a market cap of $9.0 billion. Known for its premium connected exercise bikes, Peloton grew sales by 110% to $915...read more