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Cloud-based healthcare: NantHealth sets terms for $91 million IPO

NH

NantHealth, which provides cloud-based healthcare data solutions to support clinical decisions, announced terms for its IPO on Tuesday. The Culver City, CA-based company plans to raise $91 million by offering 6.5 million shares at a price range of $12.50 to $15.50. Insiders intend to purchase $70 million worth of shares in the offering (77% at the midpoint). At the midpoint of...read more

Renaissance Capital's 3Q 2015 Quarterly US IPO Market Review

PLNT

US IPO Market Contracts as Returns Slump in the Third Quarter The IPO market slowed in the 3Q 2015 to 34 deals, down 43% year-over-year, hurt by the broad market sell-off and specific sector conditions, including a near absence of tech and energy issuance. In addition, a significant number of IPOs were pulled or delayed due to market conditions or acquisitions. For the...read more

US IPO Weekly Recap: "Breaking" news in the IPO market as most deals end down

NK

Breaking news: Two-thirds of this week's IPOs broke issue. Last week, we noted that the recent stretch of strong first-day pops (+26%) with weak follow-through performance (-3%) was likely unsustainable. This week, IPOs averaged a loss of...read more

July IPO activity was below average; will August outperform expectations?

RPD

17 IPOs in July raised $2.8 billion in proceeds, falling far short of the 33 IPOs that raised $8.2 billion in July 2014. Year-to-date, 121 companies have gone public in 2015, a 33% drop from the 180 that had priced through July 2014. August is not typically an active month for IPOs,...read more