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IVTY News

US IPO Weekly Recap: Wingstop unstoppable while massive biotech pops 99% then drops

WING

Five IPOs raised $565 million this past week. The deals average +30% from the offer price, while none broke issue and most priced above the midpoint of the range.  78 companies have gone public in the US this year,...read more

Invuity prices IPO at $12, as expected

Invuity, which sells illumination devices used in minimally invasive and minimal access surgeries, raised $48 million by offering 4 million shares at $12, as expected. The company had originally planned a price range of $14-$16 before lowering the IPO range on Thursday. Invuity plans to list on the NASDAQ under the symbol IVTY. Piper Jaffray, Leerink Partners and Stifel acted as...read more

Dimming the lights: Invuity lowers proposed offer price to $12

Invuity, which sells illumination devices used in minimally invasive and minimal access surgeries, lowered the proposed offer price for its upcoming IPO on Thursday. The San Francisco, CA-based company now plans to raise $48 million by offering 4 million shares at a price of $12. The company had previously filed at a range of $14 to $16. At the revised proposed offer price,...read more

Week ahead: 6 IPOs planned for the week of June 8

WING

Fast casual chicken wing chain Wingstop leads the six deals on this week's IPO calendar. After three weeks without a biotech, we'll see one with a proposed valuation of $1.4 billion. The four other IPOs each have a market cap under $250 million, and include a regional bank, biotech, medical device company...read more