Renaissance Capital logo

EYES News

US IPO Weekly Recap: Burgers and bionic eyes gain over 100% as 9 companies go public

9 companies went public in the past week as the IPO market raised $3.5 billion. At 26 deals, November issuance fell one IPO short of last year, unless CVSL manages to price next week. November IPOs raised $7.2 billion and averaged 19% from the offer price, including 4% after the first day. Two companies rose over 100% on their debut, the ...read more

Second Sight sees double: Year's 6th IPO to soar 100% on day one

Second Sight Medical (EYES) became the year's sixth IPO to double on Wednesday, and its 122% gain gives it the #3 spot for highest first-day pop of 2014. The last IPO to spike over 100% on its first day of trading was ReWalk Robotics (RWLK) in September. Second Sight saw high volume on its debut, trading 1.4x its float. Its 122% gain reflects the exciting opportunities...read more

Second Sight Medical prices IPO at $9

Second Sight Medical Products, which sells camera-based retinal implants that restore partial vision to the blind, raised $32 million by offering 3.5 million shares at $9, as expected. Second Sight Medical Products plans to list on the NASDAQ under the symbol EYES. MDB Capital Group acted as the sole bookrunner on the deal. Business The company's devices...read more

Week ahead: 10 US IPOs planned for the week of November 17 including the largest REIT to go public

10 deals are on the IPO calendar to raise $4.2 billion for the week of November 17, 2014. This should be the IPO market's largest equity raise in 8 weeks, led by the $2.3 billion initial public offering of office REIT Paramount Group. MLPs have been the yield play of 2014,...read more