SPT News
Archived Headlines
- Social media management platform Sprout Social sets terms for $150 million IPO 12/02/19
- US IPO Week Ahead: The IPO market takes its Thanksgiving break 11/22/19
- US IPO Week Ahead: Just 1 biotech is on the calendar in a slow week for the IPO market 11/08/19
- US IPO Weekly Recap: IPO market serves up tricks and treats in diverse 8-IPO week 10/25/19
- Social media management software Sprout Social files for a $100 million IPO 10/25/19
US IPO Weekly Recap: Investors foot the bill as Bill.com climbs 77%
Five IPOs and three SPACs raised a combined $3.2 billion this past week led by Bill.com (BILL) in the best debut of the quarter with a 61% first day pop. Four companies submitted initial filings. The week’s best performer,...read more
Social media management software Sprout Social prices IPO at $17 midpoint
Sprout Social, which provides a cloud-based platform for businesses to manage social media accounts, raised $150 million by offering 8.8 million shares at $17, the midpoint of the range of $16 to $18. At the IPO price Sprout commands a fully diluted market cap...read more
US IPO Week Ahead: The largest IPO of the 4Q, its sole US tech unicorn, and flying taxis
Five IPOs and one SPAC are scheduled to raise $2.7 billion in the week ahead, led by Brazilian brokerage XP (XP). After being virtually absent in the 4Q19, ...read more
US tech looks to test a challenging IPO market
US tech IPOs virtually disappeared in the 4Q19 following disappointments from multiple fast-growing, unprofitable unicorns. Healthcare (55% of 4Q IPOs) and Chinese issuers (24%) have monopolized IPO deal flow since October, but tech is returning to market...read more