The IPO Buzz: Birkenstock Sets Terms for $1.5 Billion IPO
Off to the races in October: Birkenstock Holding Limited (BIRK proposed), the parent of the iconic German sandal company, unveiled the terms early today for its $1.5 billion IPO: 32.26 million ordinary shares at a price range of $44.00 to $49.00, according to an F-1/A filing dated Oct. 2, 2023. The company is offering 10.75 million shares and the selling stockholder, private equity giant L Cattert..
Read more October 2, 2023IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| La Rosa Holdings Corp. | LRHC | 1.0 | $ 5.0 mil | 10/5/2023 Thursday | S/O | S/O |
| Primech Holdings Ltd. | PMEC | 3.1 | $ 13.7 mil | 10/5/2023 Day-to-Day | S/O | S/O |
| Globavend Holdings Ltd. | GVH | 1.9 | $ 8.4 mil | 10/6/2023 Friday | S/O | S/O |
Last 100 IPOs - October 2, 2023
| Number of IPOs priced : | 100 |
| Number Up: | 25 |
| Number Down: | 75 |
| Number Unchanged: | 0 |
| Percentage Change From Issue Price: | -6.58% |
| Percentage Change for The Nasdaq Composite | 20.60% |
2023 IPO Scorecard - October 2, 2023
| Number of IPOs priced (Excluding 28 units) : | 97 |
| Number Up: | 25 |
| Number Down: | 72 |
| Number Unchanged: | 0 |
| Total Return From Issue Price: | -5.40% |
| The Nasdaq Composite Index YTD % Change | 26.80% |