CHEK News

There were no initial public offerings in the past week, but recent IPO performance continues to trend up. The 24 IPOs in 2015 now average +18%, including +5% after the first day, its highest point this year. A few highlights from February 2015: • 10 IPOs priced in February, down from 20 in 2014 • These returned 7.5% on average; ...read more

This past week, the set of small health IPOs that had been languishing on the IPO calendar either postponed or went public. • Two small health IPOs raised a combined $52 million • Two small health IPOs postponed indefinitely • Just one best-efforts IPO on the calendar...read more

Check-Cap, which is developing an ingestible imaging capsule to detect colorectal cancer, raised $12 million by offering 2 million units at $6, the low end of the range of $6 to $8. The company commands a fully diluted market value of $61 million, less than half of its originally proposed diluted market value of $131 million. The company added warrants to the IPO in January and...read more

Twelve deals are on the calendar to raise $1.2 billion, which would make it the year's biggest week for IPOs by proceeds and count. However, those numbers could decline if the week ahead is similar to last week, which saw ...read more