HRT News

The IPO market remained active this past week as 14 IPOs raised $6.3 billion. SPAC activity kept steady with 13 blank check IPOs raising $2.1 billion. New filers continued to pour into the IPO pipeline, with eight IPOs and seven SPACs submitting initial filings. Semiconductor foundry GlobalFoundries (GFS) priced at the high end to raise $2.6 billion at a $26...read more

HireRight Holdings, which provides tech-enabled background screening and identity verification services, raised $422 million by offering 22.2 million shares at $19, below the range of $21 to $24. HireRight Holdings plans to list on the NYSE under the symbol HRT. Credit Suisse, Goldman Sachs, Barclays, Jefferies, RBC Capital Markets, William Blair, Baird, KeyBanc Capital Markets,...read more

Updated Monday, 10/25. The IPO market continues to stay busy with 15 IPOs schedule to raise $7.2 billion in the week ahead.   Semiconductor foundry GlobalFoundries (GFS) plans to raise $2.4 billion at a $24.6 billion market cap. Backed by Abu Dhabi’s Mubadala, US-based GlobalFoundries is one of the world’s leading specialty...read more

HireRight Holdings, which provides tech-enabled background screening and identity verification services, announced terms for its IPO on Wednesday. The Nashville, TN-based company plans to raise $500 million by offering 22.2 million shares at a price range of $21 to $24. At the midpoint of the proposed range, HireRight Holdings would command a fully diluted market value of $1.8...read more