Savers Value Village, Inc. (SVV) increased its IPO’s size to 22.29 million shares – up from 18.75 million in the prospectus – and priced the deal at $18.00 – $1.00 above the top of its $15.00-to-$17.00 range – on Wednesday night (June 28, 2023). This was a case of private equity sweetening the pot. The additional […]
June 28, 2023 Read MoreIPO investors must have worked up an appetite for GEN Korean BBQ. GEN Restaurant Group (GENK), the parent of the GEN Korean BBQ chain, upsized its IPO by 20 percent and priced the deal at $12.00 – the high end of its $10,00-to-$12.00 range – on Tuesday night (June 27, 2023). The IPO was increased […]
Read MoreThe summer of 2023 is getting off to a good start with three big IPOs. These three deals – the centerpiece of the IPO Calendar for the week of June 26, 2023 – aim to raise a total of $925.5 million, if each is priced at the mid-point of its range. There seems to be […]
June 26, 2023 Read MoreBeauty is in the eye of the beholder. In the case of ODDITY Tech Ltd., beauty is also seen through the eyes of an ex-Israeli Defense Forces’ intelligence expert. ODDITY Tech (ODD proposed), the Israeli parent of the IL MAKIAGE makeup brand and the SpoiledChild hair- and skin-care brand, filed to go public on Friday […]
June 25, 2023 Read MoreThe big banks roared back from the long holiday weekend with the launch today of three big IPOs. Kodiak Gas Services, Inc. (KGS proposed), Savers Value Village, Inc. (SVV proposed) and Fidelis Insurance Holdings, Ltd. (FIHL proposed) set terms for their IPOs and launched the deals today (Tuesday, June 20, 2023) for pricing next week. The action […]
June 20, 2023 Read MoreFire up the grill. GEN Restaurant Group, Inc. (GENK proposed), the owner of the GEN Korean BBQ chain, is the headliner of this short holiday week, which began with Father’s Day (Sunday, June 18, 2023) and included Juneteenth today (Monday, June 19, 2023). The California-based company’s IPO is coming hot on the heels of the […]
June 19, 2023 Read MoreCAVA Group (CAVA) opened at $42.00 in its NYSE debut today – up 90.9 percent from its $22.00 IPO price. The Mediterranean fast-casual restaurant chain’s stock rushed onward to score a moonshot. CAVA touched a session high of $46.75 to more than double its IPO price with a gain of 112.5 percent before noon EDT. […]
June 15, 2023 Read MoreOPA! CAVA Group (CAVA) priced its IPO at $22.00 – $2.00 above the top of its recently raised price range of $19.00 to $20.00. The Mediterranean fast-casual restaurant chain raised $317.78 million by pricing 14.44 million shares, the same number of shares in the prospectus, at $22.00 on Wednesday night (June 14, 2023). In CAVA’s […]
June 14, 2023 Read MoreMagic Johnson’s SPAC – ESH Acquisition Corp. (ESHAU) – raised $100 million in its IPO priced on Tuesday night, June 13, 2023 – becoming the first deal priced this month. The entertainment and sports-focused SPAC priced its IPO in sync with the terms in its prospectus: 10 million units at $10.00 each. Each unit […]
Read MoreMediterranean fare leads the IPO menu this week. CAVA Group (CAVA proposed), the Mediterranean fast-casual restaurant chain, increased its IPO price range to $19.00 to $20.00 – up from $17.00 to $19.00 initially – early today (Monday, June 12, 2023). The Washington, D.C.-based restaurant company kept the number of shares at 14.44 million. CAVA Group […]
June 12, 2023 Read More