2022 IPO activity has been weighed down by poor returns and volatility, grinding to a halt in late February. Many of the best-performing IPOs in recent years have been hit hardest by the recent sell-off. Over two thirds of IPOs since 2019 (530 of 775) are down...read more
IPO Market Posts Another Record Quarter in a Record Year In the third quarter of 2021, 94 IPOs raised $27.6 billion, marking the busiest 3Q by deal count since 2000. Following an explosive second...read more
It was another busy week for the fall IPO market as 13 IPOs raised $4.6 billion led by restaurant payment processor Toast (TOST), which jumped 56% in its debut. Six SPACs also went public, and one IPO postponed: Canadian consumer products...read more
Toast, which provides mobile and digital payment processing and other services for restaurants, raised $870 million by offering 21.7 million shares at $40, above the upwardly revised range of $34 to $36. The company originally planned to offer its shares at $30...read more
Climb high, fall hard: Recent IPOs have tumbled from their 2021 highs
2022 IPO activity has been weighed down by poor returns and volatility, grinding to a halt in late February. Many of the best-performing IPOs in recent years have been hit hardest by the recent sell-off. Over two thirds of IPOs since 2019 (530 of 775) are down...read more
Updated: Renaissance Capital's 3Q 2021 US IPO Market Review
IPO Market Posts Another Record Quarter in a Record Year In the third quarter of 2021, 94 IPOs raised $27.6 billion, marking the busiest 3Q by deal count since 2000. Following an explosive second...read more
US IPO Weekly Recap: Toast gets buttered up in a 13 IPO week
It was another busy week for the fall IPO market as 13 IPOs raised $4.6 billion led by restaurant payment processor Toast (TOST), which jumped 56% in its debut. Six SPACs also went public, and one IPO postponed: Canadian consumer products...read more
Restaurant payment processor Toast prices IPO at $40, above the upwardly revised range
Toast, which provides mobile and digital payment processing and other services for restaurants, raised $870 million by offering 21.7 million shares at $40, above the upwardly revised range of $34 to $36. The company originally planned to offer its shares at $30...read more