Nine companies entered the public market this week, led by customer experience software provider Medallia (MDLA) with a first day pop of 76%. The software company priced at $21, well above the range, to raise $326 million at a fully...read more
10 IPOs brought in $1.3 billion this past week, along with 3 SPACs raising $540 million. With a flood of biotechs, most of the IPOs this week had heavy insider buying, and no revenue. They traded very well, however, averaging a 27% gain. The week's worst IPO...read more
Thunder Bridge Acquisition, a blank check company formed to acquire a FinTech business, raised $225 million by offering 22.5 million units at $10. Thunder Bridge Acquisition plans to list on the Nasdaq under the symbol TBRGU. Cantor Fitzgerald and CITIC CLSA...read more
Growth is good. IPO investors are still sweet on the tech sector, with cybersecurity provider Carbon Black (CBLK) up 26% on its debut. The other high-growth offering, ...read more
US IPO Weekly Recap: Medallia tops a 9-IPO week with a 76% first day return
Nine companies entered the public market this week, led by customer experience software provider Medallia (MDLA) with a first day pop of 76%. The software company priced at $21, well above the range, to raise $326 million at a fully...read more
US IPO Weekly Recap: Biotechs boom in a 13-deal torrent
10 IPOs brought in $1.3 billion this past week, along with 3 SPACs raising $540 million. With a flood of biotechs, most of the IPOs this week had heavy insider buying, and no revenue. They traded very well, however, averaging a 27% gain. The week's worst IPO...read more
Fintech SPAC Thunder Bridge Acquisition prices upsized $225 million IPO at $10
Thunder Bridge Acquisition, a blank check company formed to acquire a FinTech business, raised $225 million by offering 22.5 million units at $10. Thunder Bridge Acquisition plans to list on the Nasdaq under the symbol TBRGU. Cantor Fitzgerald and CITIC CLSA...read more
US IPO Weekly Recap: Carbon Black continues hot tech streak in 8 IPO week
Growth is good. IPO investors are still sweet on the tech sector, with cybersecurity provider Carbon Black (CBLK) up 26% on its debut. The other high-growth offering, ...read more