GI News

Sequoia Capital the is the largest shareholder of Chinese credit platform Jianpu Technology (JT), which begins trading on the NYSE on Thursday. The big kahuna of Silicon Valley has been the #1 investor of 6 US IPOs since 2015. While its three IPOs from 2015 to 2016...read more

Four IPOs raised $613 million in the past week, 11% more than expected thanks to two high-growth consumer and tech IPOs. IPO investors have been discerning: two IPOs priced above the range, one yield play came in at its midpoint and one medical device company went public at the low end of the range. We...read more

EndoChoice Holdings, which sells gastrointestinal endoscopy systems with wide field-of-view cameras, raised $95 million by offering 6.4 million shares at $15, the low end of the range of $15 to $17. EndoChoice Holdings plans to list on the NYSE under the symbol GI. EndoChoice Holdings initially filed confidentially on 1/9/2015. J.P. Morgan and BofA Merrill Lynch acted as lead...read more

The IPO market will kick off June with four initial public offerings set to raise $550 million. The four on the calendar are each in different industries, including tech, consumer, energy and health care. This marks the third week without a biotech IPO - the longest stretch since the beginning of the year. ...read more