It was another busy week for the IPO market as 15 new issuers went public, with Rivian (RIVN) in the spotlight. The pre-revenue electric truck developer became the largest IPO of 2021, raising nearly $12 billion in the largest IPO since...read more
Third Coast Bancshares, a Texas commercial bank with 12 branches, raised $88 million by offering 3.5 million shares at $25, the midpoint of the $24 to $26 range. The company originally filed to offer 3.0 million shares. At pricing, the company raised 17% more in...read more
The IPO market is expected to stay busy with 11 IPOs schedule to raise $10.2 billion in the week ahead. Electric truck developer Rivian Automotive (RIVN) plans to raise $8.0 billion at a $57.1 billion market cap. This founder-led...read more
Third Coast Bancshares, a commercially-focused Texas bank with 12 branches, announced terms for its IPO on Monday. The Humble, TX-based company plans to raise $75 million by offering 3 million shares at a price range of $24 to $26. At the midpoint of the...read more
US IPO Weekly Recap: Rivian completes the largest deal since Alibaba in a 15 IPO week
It was another busy week for the IPO market as 15 new issuers went public, with Rivian (RIVN) in the spotlight. The pre-revenue electric truck developer became the largest IPO of 2021, raising nearly $12 billion in the largest IPO since...read more
Texas bank Third Coast Bancshares prices upsized IPO at $25 midpoint
Third Coast Bancshares, a Texas commercial bank with 12 branches, raised $88 million by offering 3.5 million shares at $25, the midpoint of the $24 to $26 range. The company originally filed to offer 3.0 million shares. At pricing, the company raised 17% more in...read more
US IPO Week Ahead: The IPO market revs its engine in an 11 IPO week
The IPO market is expected to stay busy with 11 IPOs schedule to raise $10.2 billion in the week ahead. Electric truck developer Rivian Automotive (RIVN) plans to raise $8.0 billion at a $57.1 billion market cap. This founder-led...read more
Texas bank Third Coast Bank sets terms for $75 million IPO
Third Coast Bancshares, a commercially-focused Texas bank with 12 branches, announced terms for its IPO on Monday. The Humble, TX-based company plans to raise $75 million by offering 3 million shares at a price range of $24 to $26. At the midpoint of the...read more