Category Archives: The IPO Buzz

Up is the word of the night. Loar Holdings (LOAR) priced its IPO at $28.00 – $2.00 above the top of its range – on 11.0 million shares – the number in the prospectus – to raise $308.0 million on Wednesday night, April 24, 2024. The aviation parts manufacturer’s stock is expected to start trading […]

Sail on: Viking Holdings Ltd.  (VIK Proposed) of Bermuda unveiled the terms for its $1.01 billion IPO early today – Monday, April 22, 2024 – and launched the deal with plans to price it next week. Viking’s IPO consists of 44.0 million shares at a price range of $21.00 to $25.00 to raise $1.01 billion, if […]

Tungray Technologies (TRSG) doubled its $4.00 IPO price – and kept on climbing – to score a moonshot today (Friday, April 19, 2024) during its first day of trading  on the NASDAQ. Shares of Tungray traded at $9.51 at 11:23 a.m. EDT on the NASDAQ on volume of 905,671 shares. Tungray opened today at $6.58 […]

Centuri Holdings, Inc. (CTRI), a unit of Southwest Gas Holdings Inc. (SWX), priced its IPO at $21.00 – the top of its $18.00-to-$21.00 range – on Wednesday night (April 17, 2024) and sold 12.4 million shares – the number in the prospectus – to raise $260.4 million. Shares of Centuri shot up 13.1 percent to open at $23.75 – up […]

Ibotta (IBTA) priced its IPO at $88.00 – $4.00 above its $76.00-to-$84.00 range – on Wednesday night (April 17, 2024) on 6.56 million shares – the number of shares in the recently  upsized deal’s prospectus. Ibotta’s IPO raised $577.28 million. That price – $88.00 – confirmed the red-hot buzz swirling around the Denver-based digital ad […]

Aviation part manufacturer Loar Holdings Inc. (LOAR Proposed) disclosed the terms for its IPO – 11.0 million shares at a price range of $24.00 to $26.00 – and launched the $275 million deal early today – Wednesday, April 17, 2024. The IPO is expected to price next week. (See: IPO Calendar ) This is a […]

Rubrik (RBRK Proposed), a data security company, unveiled the terms of its IPO – 23.0 million shares at $28.00 to $31.00 to raise $678.5 million – in an S-1/A filing early today (Tuesday, April 16, 2024). The IPO is expected to price next week. This is a New York Stock Exchange listing. The estimated proceeds […]

Two big IPOs – Centuri, a natural gas play, and Ibotta, an AI-driven digital ad platform – are in the spotlight today – Monday, April 15, 2024 – after Iran attacked Israel over the weekend. Both IPOs are set to price mid-week. Both are New York Stock Exchange listings. The rest of this week’s IPO […]

Now that’s an upsizing: UL Solutions (ULS) increased its IPO’s size by 20 percent on Thursday night, April 11, 2024, and priced the deal at $28.00 – near the top of its range – to raise $946.4 million. The company’s parent, ULSE Inc., sold 33.8 million shares – up from 28.0 million in the prospectus. […]

PACS Group (PACS) upsized its IPO at pricing to 21.43 million shares – up from 19.05 million shares – and priced the deal at $21.00 – the mid-point of its $20.00-to-$22.00 range – to raise $450.0 million on Wednesday night, April 10, 2024. PACS Group’s stock opened today – Thursday, April 11, 2024 – on the […]