GUTS News

In February, 10 IPOs raised a combined $2.0 billion, led by early debuts from a handful of $100+ million offerings. Deal flow was led by healthcare and senior facilities provider American Healthcare REIT (AHR) and Mexican discount grocer BBB Foods (TBBB), which together accounted for nearly two-thirds of the month's proceeds raised. Activity...read more

Several large issuers debuted in the US this past week, and four IPOs joined the pipeline. Sports equipment and apparel maker Amer Sports (AS) priced below the range to raise $1.3 billion at a $6.4 billion market cap. The Finland-based company’s portfolio includes major brands like Arc’teryx, Salomon, Wilson, and Louisville Slugger, and its products...read more

Fractyl Health, which is developing a medical device and other therapies for type 2 diabetes and obesity, raised $110 million by offering 7.3 million shares at $15, within the range of $14 to $16. Fractyl Health is a metabolic therapeutics company focused on pioneering new approaches to the treatment of metabolic diseases, including type 2 diabetes and obesity. Its lead...read more

Fractyl Health, which is developing a medical device and other therapies for type 2 diabetes and obesity, announced terms for its IPO on Monday. The Lexington, MA-based company plans to raise $110 million by offering 7.3 million shares at a price range of $14 to $16. At the midpoint of the proposed range, Fractyl Health would command a fully diluted market value of $810 million. ...read more