The IPO Buzz: Rubrik Sets Terms & Launches $678.5 Million IPO
Rubrik (RBRK Proposed), a data security company, unveiled the terms of its IPO - 23.0 million shares at $28.00 to $31.00 to raise $678.5 million - in an S-1/A filing early today (Tuesday, April 16, 2024). The IPO is expected to price next week. This is a New York Stock Exchange listing. The estimated proceeds assume mid-point pricing at $29.50. Rubrik would have a market cap estimated at $5.18 bil..
Read more April 16, 2024IPO Calendar
Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
---|---|---|---|---|---|---|
Top Wealth Group Holding Ltd. | TWG | 2.0 | $ 8.0 mil | 4/16/2024 Priced | S/O | S/O |
Junee Limited | JUNE | 2.0 | $ 10.0 mil | 4/17/2024 Wednesday | S/O | S/O |
CDT Environmental Technology Investment Holdings Limited | CDTG | 2.0 | $ 9.0 mil | 4/18/2024 Thursday | S/O | S/O |
Last 100 IPOs - April 15, 2024
Number of IPOs priced : | 100 |
Number Up: | 27 |
Number Down: | 73 |
Number Unchanged: | 0 |
Percentage Change From Issue Price: | -2.22% |
Percentage Change for The Nasdaq Composite | 14.40% |
2024 IPO Scorecard - April 15, 2024
Number of IPOs priced (Excluding 6 units) : | 44 |
Number Up: | 16 |
Number Down: | 28 |
Number Unchanged: | 0 |
Total Return From Issue Price: | 7.03% |
The Nasdaq Composite Index YTD % Change | 7.75% |