UPLD News

This week saw 8 IPOs raise $1.7 billion. While 5 of the 13 were delayed, the rest averaged 18% return, and all but one ended the week positive. Broader markets continue to rally as the Dow and S&P 500 closed at new record highs and the VIX volatility index slid another 6%. Despite these trends, IPO investors remain discerning: in addition to the postponed offerings, this week's...read more

Upland Software (UPLD), which offers a suite of acquired cloud-based enterprise work management software, dropped 19% on its debut, giving it the 10th worst first day performance for a technology IPO in the past 10 years. Upland priced at the low end of the range and raised $46 million. Other 2014 tech IPOs have typically seen a first-day spike (group averages 25% on the...read more

Upland Software, which offers a suite of acquired cloud-based enterprise work management software, raised $46 million by offering 3.8 million shares (all primary) at $12, at the low end of the range of $12 to $14. Upland Software plans to list on the NASDAQ under the symbol UPLD. Upland Software initially filed confidentially on 5/13/2014. William Blair and Raymond James acted as...read more

12 US IPOs are expected to raise $1.7 billion this week. Following three weeks with 5 or fewer initial public offerings, the IPO calendar has quickly built up thanks to a rebound in the broader markets, positive IPO performance and a packed pipeline of deals on file. While the IPO window...read more