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WRD News

The year’s VC-backed tech IPOs average a 73% return. Here’s what it means for 2025.

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The US IPO market has gradually rebounded in 2024, with proceeds up 61% from this point last year, but that momentum has not materialized within venture-backed tech. That should soon change, as strong returns from the year's VC-backed tech IPOs point to more...read more

US IPO Weekly Recap: Sizable tech and biotech IPOs are joined by a flurry of small names

INGM

Three sizable IPOs priced this past week, joined by a flurry of small issuers and blank check companies. One scheduled deal did not get done (PRB). Tech distributor Ingram Micro (INGM) priced slightly above the midpoint to raise $409...read more

China-based autonomous driving developer WeRide offers more ADSs, prices US IPO at the $15.50 low end

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WeRide, a Chinese developer of autonomous vehicle systems and software, raised $120 million by offering 7.7 million ADSs at $15.50, the low end of the range of $15.50 to $18.50. It offered 1.3 million more ADSs than anticipated. The company had originally...read more

US IPO Weekly Recap: WeRide delays its IPO as pipeline gets a boost

WRD

Two small IPOs debuted this past week, while six IPOs submitted initial filings. Notably, China-based autonomous driving developer WeRide (WRD) postponed its $110 million US IPO. The company, which had already delayed its IPO earlier, stated...read more