PMTS News
Archived Headlines
- Payment card provider CPI Card Group decreases proposed IPO deal size 10/07/15
- Week ahead: Fourth quarter kicks off with 11 IPOs set for the week of October 5 10/04/15
- Swipe it: CPI Card Group sets terms for $300 million IPO 09/22/15
- What company makes the credit card in your wallet? CPI Card Group files for a $100 million IPO 08/07/15
Week ahead: Two biotechs and a tech company
In the last week of October, no companies filed for an IPO. October was a difficult month for IPOs: 16 companies went public, pricing an average of 22% below their midpoint....read more
US IPO Weekly Recap: Cut the offer price for positive returns
Continuing the recent trend, four out of five deals priced below the range. This week, five companies raised $765 million, pricing an average of 19% below their proposed midpoints. All four deals that priced below traded up, popping 10% on...read more
CPI Card Group prices IPO at $10, as expected
CPI Card Group, the largest US provider of plastic credit and debit cards, raised $150 million by offering 15 million shares (all primary) at $10, as anticipated by a filing on Thursday afternoon. The company had originally planned to sell 17.6 million...read more
CPI Card Group decreases proposed IPO deal size again
CPI Card Group, the largest US provider of plastic credit and debit cards, again lowered the proposed deal size for its upcoming IPO on Thursday. The Littleton, CO-based company now plans to raise $150 million by offering 15 million shares (all primary) at a...read more