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The Fitbit of China: Huami files for a $150 million US IPO

HMI

Huami, a Chinese manufacturer of wearable devices partnered with Xiaomi, filed on Friday with the SEC to raise up to $150 million in an initial public offering. The Hefei, China-based company was founded in 2013 and booked $295 million in sales for the 12 months ended September 30, 2017. It plans to list on the Nasdaq under the symbol HMI. Huami filed confidentially on...read more

Renaissance Capital's 2015 US IPO Annual Review

FIT

Coming off of two banner years, the 2015 IPO market was a disappointment with 169 IPOs raising only $30 billion, a six-year low. There is no single explanation for the decline in 2015 activity; rather, it was driven by a number of factors, including uncertainties about Federal Reserve and European monetary policies, concerns over the Chinese economy, poor IPO performance, declining...read more

Renaissance IPO Index - Notice of December 2015 Quarterly Changes

TWTR

The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for the Renaissance IPO ETF (Ticker: IPO), will implement the following constituent changes at the market’s close on Friday, December 18, 2015: Additions: Antero Midstream Partners LP Ares...read more

June 2015 was the most active month for IPOs since the Dotcom Bubble

June 2015 saw 35 initial public offerings, more than any month since August 2000, when 66 companies went public. Since then, there have now been just nine months with over 30 IPOs, including six in the past two years. The 35 June IPOs raised $5.9 billion, more than the $5.5 billion raised by the 34 IPOs...read more