The IPO market is taking a break during the shortened Thanksgiving week, with just one IPO and a few SPACs scheduled to raise at least $900 million. Russian e-commerce company Ozon Holdings (OZON) plans to raise $750 million at a $4.4...read more
Eleven IPOs and nine SPACs priced this past week, getting out ahead of the US election. Markets tumbled and volatility spiked, as several deals broke issue and three IPOs postponed. The diverse group had very mixed trading, and averaged a return of 9.9%. New...read more
Root, which provides auto insurance using mobile-based telematics technology, raised $724 million by offering 26.8 million shares (10% insider) at $27, above the range of $22 to $25. The company originally planned to offer 24.2 million shares (9% insider),...read more
Root, which provides auto insurance using mobile-based telematics technology, raised the proposed deal size for its upcoming IPO on Monday. The Columbus, OH-based company now plans to raise $578 million by offering 24.6 million shares (11% insider) at a...read more
US IPO Week Ahead: The IPO market takes a break during the shortened holiday week
The IPO market is taking a break during the shortened Thanksgiving week, with just one IPO and a few SPACs scheduled to raise at least $900 million. Russian e-commerce company Ozon Holdings (OZON) plans to raise $750 million at a $4.4...read more
US IPO Weekly Recap: Big fintechs fall as 11 IPOs squeeze in ahead of the election
Eleven IPOs and nine SPACs priced this past week, getting out ahead of the US election. Markets tumbled and volatility spiked, as several deals broke issue and three IPOs postponed. The diverse group had very mixed trading, and averaged a return of 9.9%. New...read more
Mobile-based auto insurer Root prices further upsized IPO above the range at $27
Root, which provides auto insurance using mobile-based telematics technology, raised $724 million by offering 26.8 million shares (10% insider) at $27, above the range of $22 to $25. The company originally planned to offer 24.2 million shares (9% insider),...read more
Mobile-based auto insurer Root increases deal size by 2% ahead of $578 million IPO
Root, which provides auto insurance using mobile-based telematics technology, raised the proposed deal size for its upcoming IPO on Monday. The Columbus, OH-based company now plans to raise $578 million by offering 24.6 million shares (11% insider) at a...read more