Full Spectrum, which develops and sells products used to create private cellular networks, withdrew its plans for an initial public offering on Friday. It had filed to raise $15 million by offering 1.9 million shares at a price range of $7 to $9. The Sunnyvale, CA-based company was founded in 2006 and booked $1 million in sales for the 12 months ended June 30, 2016. It had...read more
Six companies are on the US IPO calendar to raise $2.2 billion in the week ahead, or $2.6 billion including a large SPAC. October is set to surpass September as the year's most active month for IPOs. Filing activity has slowed heading into November, as expected.
Three IPOs are set to raise $518 million in the week ahead. LBO'd industrial pipe maker Forterra is by far the week's largest deal, while CRISPR Therapeutics will attempt to prove that gene editing is more than a pipe dream. High-growth heart monitoring company iRhythm Technologies plans to raise $75 million. A fourth deal, Full Spectrum, is still exploring its $15 million IPO on a...read more
Three energy-related IPOs plan to raise about $750 million in the week ahead. Two have direct exposure to oil prices, including Extraction Oil & Gas, which plans to raise $550 million as the first E&P to go public in over two years. An oilfield services company and an India-based solar power producer round out the group. ...read more
Micro-cap cellular products company Full Spectrum withdraws $15 million IPO
Full Spectrum, which develops and sells products used to create private cellular networks, withdrew its plans for an initial public offering on Friday. It had filed to raise $15 million by offering 1.9 million shares at a price range of $7 to $9. The Sunnyvale, CA-based company was founded in 2006 and booked $1 million in sales for the 12 months ended June 30, 2016. It had...read more
US IPO Week Ahead: China's ZTO Express delivers largest IPO of 2016 in a 6-deal week
Six companies are on the US IPO calendar to raise $2.2 billion in the week ahead, or $2.6 billion including a large SPAC. October is set to surpass September as the year's most active month for IPOs. Filing activity has slowed heading into November, as expected.
US IPO Week Ahead: 3 IPOs feature industrial pipes and high-growth health care
Three IPOs are set to raise $518 million in the week ahead. LBO'd industrial pipe maker Forterra is by far the week's largest deal, while CRISPR Therapeutics will attempt to prove that gene editing is more than a pipe dream. High-growth heart monitoring company iRhythm Technologies plans to raise $75 million. A fourth deal, Full Spectrum, is still exploring its $15 million IPO on a...read more
US IPO Week Ahead: Energy powers the US IPO market in a week with 3 deals
Three energy-related IPOs plan to raise about $750 million in the week ahead. Two have direct exposure to oil prices, including Extraction Oil & Gas, which plans to raise $550 million as the first E&P to go public in over two years. An oilfield services company and an India-based solar power producer round out the group. ...read more