PSTL News
Archived Headlines
- US IPO Week Ahead: It's Uber uber alles with biggest IPO in 5 years 05/03/19
- The post office goes public: Postal Realty Trust sets terms for $100 million IPO 04/30/19
- US IPO Week Ahead: No IPOs but these 12 deals can hop back in after Easter 04/18/19
- USPS REIT Postal Realty Trust files for a $115 million IPO 04/02/19
US IPO Week Ahead: Just 1 biotech is on the calendar in a slow week for the IPO market
After a busy week in the IPO market, just one biotech is scheduled to go public in the week ahead. NASH biotech 89bio (ETNB) plans to raise $85 million at a $225 million market cap. The company’s target indication represents a multi...read more
US IPO Weekly Recap: Fastly tops a 5-IPO Week
After the busiest week of the year in the prior week, May 2019 continued to be active this past week with five IPOs and one SPAC offering. Three came to market with valuations of more than $1 billion, including fast-growing unicorns Luckin Coffee and Fastly, and...read more
Postal Realty Trust prices IPO below the range at $17
Postal Realty Trust, a recently-formed REIT that manages and leases properties to the USPS, raised $77 million by offering 4.5 million shares at $17, below the $19 to $21 range. The REIT had originally filed to raise $100 million by offering 5.0 million shares...read more
US IPO Week Ahead: China gets its coffee fix in a 7-IPO week
Seven IPOs are set to raise $4.85 billion in the week ahead, along with one blank check company. In addition to two REITs, a biotech, a small software maker, and a chemicals distributor, the line-up includes two high-growth unicorns: China-based coffee retailer...read more