Major advancements in artificial intelligence (AI) have attracted billions of dollars in new investment, and the IPO market has taken notice. The percentage of US IPOs referencing AI in their prospectuses has climbed in each of the past six years, and leapt to...read more
IPO Market Sets Another Post-2000 Record in the Second Quarter
The US IPO market delivered another landmark quarter in the 2Q21, with 115 IPOs raising $40.7 billion. It was the biggest quarter...read more
12 IPOs raised $3.7 billion this past week, led by software maker UiPath (PATH), which raised more than $1 billion in its public debut. The pipeline remained active, with 11 IPOs and one direct listing submitting initial filings. SPAC activity...read more
UiPath, which provides software for robotic process automation, raised $1.3 billion by offering 23.9 million shares (61% insider) at $56, above the upwardly revised range of $52 to $54. The company originally planned to offer 21.3 million shares (68% insider) at...read more
AI is the IPO market's next buzzword
Major advancements in artificial intelligence (AI) have attracted billions of dollars in new investment, and the IPO market has taken notice. The percentage of US IPOs referencing AI in their prospectuses has climbed in each of the past six years, and leapt to...read more
Updated: Renaissance Capital's 2Q 2021 US IPO Market Review
IPO Market Sets Another Post-2000 Record in the Second Quarter The US IPO market delivered another landmark quarter in the 2Q21, with 115 IPOs raising $40.7 billion. It was the biggest quarter...read more
US IPO Weekly Recap: UiPath’s billion-dollar deal leads a 12 IPO Week
12 IPOs raised $3.7 billion this past week, led by software maker UiPath (PATH), which raised more than $1 billion in its public debut. The pipeline remained active, with 11 IPOs and one direct listing submitting initial filings. SPAC activity...read more
Software maker UiPath prices IPO at $56, above the upwardly revised range
UiPath, which provides software for robotic process automation, raised $1.3 billion by offering 23.9 million shares (61% insider) at $56, above the upwardly revised range of $52 to $54. The company originally planned to offer 21.3 million shares (68% insider) at...read more