The IPO Buzz: Toast Tops a $5.2 Billion Week

Most IPO investors want  Toast, Inc. (TOST proposed) for breakfast this week. Bankers expect to raise about $5.24 billion from “a baker’s dozen” of deals. Twelve of this week’s 13 deals are traditional IPOs while one is a NASDAQ uplift. Toast, a payments software system that caters to the restaurant industry, helped its restaurant clientele survive the pandemic by offering innovations..

Read more September 19, 2021

IPO Calendar

Company Symbol proposed Lead Managers Shares (Millions) Price Low Price High Est. $ Volume Expected to Trade SCOOP Rating Rating Change
a.k.a. Brands Holding Corp. AKA BofA Securities/ Credit Suisse/ Jefferies/ Wells Fargo Securities/ KeyBanc Capital Markets / Cowen/ Piper Sandle/ Truist Securities 10.0 11.00 11.00 $ 110.0 mil 9/22/2021 Priced S/O S/O
ARGUS CAPITAL CORP. ARGUU Goldman Sachs/ Morgan Stanley 25.0 10.00 10.00 $ 250.0 mil 9/22/2021 Priced S/O S/O
Freshworks FRSH Morgan Stanley/ J.P. Morgan/ BofA Securities/ Jefferies/ Barclays 28.5 36.00 36.00 $ 1026.0 mil 9/22/2021 Priced S/O S/O
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Last 100 IPOs - September 21, 2021

Number of IPOs priced : 100
Number Up: 55
Number Down: 45
Number Unchanged: 0
Percentage Change From Issue Price: 23.11%
Percentage Change for The Nasdaq Composite 1.28%

2021 IPO Scorecard - September 21, 2021

Number of IPOs priced (Excluding 419 units) : 333
Number Up: 147
Number Down: 186
Number Unchanged: 0
Total Return From Issue Price: 11.83%
The Nasdaq Composite Index YTD % Change 14.16%