Renaissance Capital logo

RMBL News

US IPO Weekly Recap: 4 growth IPOs price above the range and average a first day pop of 20%

MDB

Four growth deals all priced above their respective ranges and traded up on their market debut. Notably, next-generation database company MongoDB priced above its upwardly-revised midpoint and traded up 34% on its first day. This...read more

The motorcycle market: RumbleOn prices Nasdaq IPO at $5.50

RumbleOn logo

RumbleOn, which is launching an online marketplace for motorcycles, raised $16 million by offering 2.9 million shares at $5.50, below its last close of $9.30 on the OTCQB. The pre-revenue company originally planned to offer 2.0 million shares. RumbleOn will list...read more

US IPO Week Ahead: 7 IPOs set to price including 2 largest deals of the 2H17

QD

Seven IPOs are set to price next week, expecting to raise a combined $1.8 billion. Three Asian deals lead the way, notably, Chinese small loans provider Qudian plans to raise $769 million and Singapore-based online gaming and shopping...read more

Motorcycle e-commerce platform RumbleOn sets terms for $19 million IPO

RumbleOn logo

RumbleOn, which is launching an online marketplace for motorcycles, announced terms for its IPO uplisting on Wednesday. The company also added Maxim Group as a joint bookrunner and Aegis Capital as a co manager on the deal. The company's Class B common stock is...read more