No IPOs were scheduled for pricing this week – a sign that the IPO market is taking its traditional August break. The late summer slowdown traditionally begins around mid-August and usually lasts until about a week after the Labor Day holiday. In the coming days and the next few weeks, there may be a few […]
August 17, 2021 Read More(Editor’s Note: This column was updated Thursday afternoon with the postponement of FinWise Bancorp and the closing price of Southern States Bancshares on its first day of trading.) Eliem Therapeutics (ELYM) jumped on Tuesday in its NASDAQ debut, opening at $16.25 – up 30 percent from its $12.50 IPO price. The biotech trimmed its IPO’s price to […]
August 9, 2021 Read MoreWeber, Inc. (WEBR), the iconic grill brand, priced its IPO tonight at $14 – below its $15-to-$17 range – on 17.86 million shares – to raise $250 million. The pricing terms represented a cut of 67 percent in the deal’s size. Weber was the only household name on this week’s slim IPO Calendar – and […]
August 4, 2021 Read MoreRobinhood Markets (HOOD) started trading today at $38 – flat with its IPO price at the low end of its $38-to-$42 range. The online broker’s debut on NASDAQ was a much more muted performance than some on the Street had expected. The stock briefly spiked – hitting an intraday high at $40.25 – and then […]
July 29, 2021 Read MoreSight Sciences Inc. (SGHT proposed) increased its IPO’s size early Wednesday morning – and priced it Wednesday evening at $24, the top of its new $23-to-$24 range, on 10 million shares. The vision-focused medical device maker’s deal is among a dozen healthcare IPOs on the IPO Calendar this week. Healthcare is the theme of the […]
July 14, 2021 Read MoreDingdong (Cayman) Limited, a Chinese online grocery delivery platform, priced its chopped-down IPO early Tuesday at $23.50 – the low end of its range – to raise $87 million – nearly 75 percent less than what it had originally planned. The Chinese online grocery delivery startup drastically cut the deal’s size late Monday afternoon – […]
June 29, 2021 Read MoreWalkMe Ltd. (WKME proposed), an Israeli software company, and Lyell Immunopharma (LYEL proposed), a T cell reprogramming company, are on the IPO marquee for the week before summer officially begins on Sunday, June 20th. Israel and its tech sector are in the IPO limelight after the success of Monday’com’s debut last week. As for biotechs, […]
June 14, 2021 Read MoreMarqeta, Inc. (MQ proposed) is generating the most buzz on the IPO Calendar this week, when bankers aim to raise about $3.9 billion. The company, whose technology enables DoorDash, Instacart and Square to issue their own cards and process payments, is among nine names expecting to go public this week. It’s safe to say that […]
June 7, 2021 Read MoreJune’s IPO parade starts with just one deal – dLocal Ltd. (DLO proposed). The Latin American payments-processing company priced its IPO on Wednesday night at $21 – $3 above the top of its range. dLocal shot up 54.24 percent to close at $32.39 on Thursday, June 3rd, in its first day of trading on the […]
June 2, 2021 Read MoreMoney, jobs, scrubs and drugs are the IPO buzzwords this week. Two payments companies – Flywire Corp. (FLYW) and Paymentus Holdings, Inc. (PAY) – priced their IPOs at the top of their respective price ranges on Tuesday night: FLYW at $24, more shares (10.4 million priced vs. 8.7 million in the prospectus) and PAY at […]
May 26, 2021 Read More