ARHS News

November kicked off with a 12 IPO week and shoe brand Allbirds (BIRD) was at the front of the flock, posting a first-day pop of 93%. 23 SPACs also went public. New issuers continued to join the pipeline, with five IPOs and 13 SPACs submitting initial filings. Two issuers postponed this past week: Russian car-sharing firm Delimobil (DMOB) and...read more

Arhaus, a premium home furnishings retailer with 75 locations across the US, raised $168 million by offering 12.9 million shares (100% primary) at $13, below the range of $14 to $17. The offering was originally expected contain 22.9 million shares (56% primary). Arhaus calls itself a lifestyle brand and omni-channel retailer of premium home furnishings, offering a...read more

Updated Monday, 11/1. The IPO market has seen double digit offerings for the past two weeks, and is scheduled to continue its streak, with 13 IPOs expected to raise $2.7 billion. Drug discovery company Evotec (EVO) plans to raise $576 million at a $9.2 billion market cap. The company aims to accelerate and improve the efficiency of the drug discovery...read more

Arhaus, a premium home furnishings retailer with 75 locations across the US, announced terms for its IPO on Wednesday. The Boston Heights, OH-based company plans to raise $355 million by offering 22.9 million shares (44% secondary) at a price range of $14 to $17. At the midpoint of the proposed range, Arhaus would command a market value of about $2.2 billion. Backed by Freeman...read more