Category Archives: The IPO Buzz

Biotechs braved the chill winds of January to jump-start the 2022 IPO Calendar. Two of the week’s three biotech IPOs –  Amylyx Pharmaceuticals (AMLX) and CinCor Pharma (CINC) – upsized their IPOs by adding more shares and pricing their deals at the mid-point of their ranges. The third biotech IPO – Vigil Neuroscience, Inc. (VIGL) – […]

We wish a very Merry Christmas to all of our IPOScoop readers and subscribers who are celebrating! Happy Holidays to all!  No traditional IPOs are confirmed for the pricing schedule next week. It’s likely, though, that a few small-cap IPOs and a steady run of SPACs will be on tap. The IPO market traditionally slows […]

Samsara, Inc. (IOT) priced its long-awaited IPO at $23 – the top of its $20-to-$23 range – and sold 35 million shares on Tuesday night (Dec. 14, 2021). The IPO, dubbed “the deal of the week,” raised $805 million. Samsara’s IPO was the standout on a busy night for IPO bankers, who raised a whopping […]

The “highs” have it. Brazilian digital banking company Nu Holdings (NU) – known as NuBank – priced its IPO on Wednesday night (Dec. 8, 2021) at $9 – the top of its $8-to-$9 range. HashiCorp (HCP), an American cloud software company, priced its long-awaited IPO at $80 – $8 above the top of its $68-to-$72 range. HashiCorp […]

The IPO market is slowing down to a turkey trot this week. Just a handful of SPAC IPOs are on the pricing radar so far. The Thanksgiving holiday on Thursday (Nov. 25, 2021) makes this a four-day work week. The U.S. stock market will be closed Thursday. Friday will be a short trading day, with […]

Sweetgreen, Inc. (SG) lived up to its name – jumping to $52 at its opening trade, up 85.7 percent from its $28 IPO price in its debut Thursday afternoon on the New York Stock Exchange. The first trade occurred at $52 at 2 p.m. EST, MarketWatch reported. The salad restaurant chain’s stock climbed to $52.72, up […]

Rivian Automotive, Inc. (RIVN) jumped to $106.75 – up nearly 36.9 percent from its IPO price of $78 – in its opening trade on NASDAQ on Wednesday. The electric truck maker – a Tesla rival – supersized its IPO on Tuesday night by pricing the deal at $78 – $4 above the top of its increased […]

The BIRD, BIRD, BIRD – the BIRD is the word. AllBirds, Inc. (BIRD proposed), known for its “Wool Runner” shoes, is perched atop November’s IPO Calendar. Next up: NRDS. Yes, NerdWallet (NRDS proposed), a personal finance app that’s popular with the early 20-somethings in Gen Z, is also set to go public this week. (This […]

Wall Street loves a Cinderella story.  Rent the Runway (RENT) increased its IPO’s size and priced the deal at $21 – the top of its $18-to-$21 range – to raise $357 million on Tuesday night. Bankers priced 17 million shares – up from 15 million in the prospectus. RENT started trading on Wednesday (Oct. 27, 2021) […]

Stronghold Digital Mining (SDIG) jumped 42 percent to open at $27 in its NASDAQ debut today. SDIG is riding the Bitcoin wave. Stronghold Digital Mining added shares and priced its IPO at $19 – $1 above the top of its $16-to-$18 range – on Tuesday night. The Bitcoin miner’s IPO raised $126.9 million – the result […]