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XYF News

US IPO Weekly Recap: 4 IPOs pop 40% including Eventbrite, Farfetch and Elanco

EB

Six IPOs raised $2.9 billion this week. Four traded up over 40%, and none finished the week below issue.  Spun out of Eli Lilly, Elanco Animal Health (ELAN) priced above its range to raise $1.5 billion. The company popped 50% on its...read more

P2P lending platform X Financial prices US IPO below midpoint at $9.50

X Financial logo

X Financial, which operates a peer-to-peer lending platform in China, raised $105 million by offering 11 million ADSs at $9.50, toward the low end of the $9 to $11 range. At the offer price, X Financial commands a fully diluted market value of $1.5 billion. ...read more

US IPO Week Ahead: Eventbrite headlines 8-IPO week raising $3.3 billion

BSVN

Eight IPOs are on the docket for the week ahead, raising a whopping $3.3 billion. Three deals are raising $500 million, but fast-growing ticketing platform Eventbrite (EB) should generate the most excitement. The largest, ...read more

Chinese fintech company X Financial sets terms for $110 million US IPO

X Financial logo

X Financial, which operates a peer-to-peer lending platform in China, announced terms for its IPO on Wednesday.  The Shenzhen, China-based company plans to raise $110 million by offering 11 million ADSs at a price range of $9 to $11. The $110 million...read more