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US IPO Weekly Recap: Another tech IPO pops in a week with 6 IPOs

COUP

Six companies went public, making it the year's second most-active week. Coupa Software was the latest software IPO to price above its range and pop on the first day (+85%) as IPO investors continue to embrace high growth and strong margins, offered at a discount to public peers. Three large PE-backed IPOs also traded up this week (12% on average), while the week's two smallest...read more

Watterlogged: AquaVenture prices IPO at $18, the low end of the range

WAAS

AquaVenture Holdings, which operates nine desalination plants and leases water purification systems, raised $117 million by offering 6.5 million shares at $18, the low end of the range of $18 to $20. AquaVenture Holdings plans to list on the NYSE under the symbol WAAS. Citi, Deutsche Bank and RBC Capital Markets acted as lead managers on the deal....read more

US IPO Week Ahead: Seven deals slotted to raise $1 billion total

FMAX

Coming off a strong end to the third quarter, October is set to get off to a quick start with seven deals on the calendar in the week ahead. Investors will undoubtedly be paying close attention to the next notable tech deal, Coupa Software (COUP), which comes on the heels of strong third quarter performance for tech deals (+66% on average) and...read more

Water-as-a-service: AquaVenture sets terms for $124 million IPO

WAAS

AquaVenture Holdings, which provides wastewater treatment and purification systems and services, announced terms for its IPO on Friday. The Tampa, FL-based company plans to raise $124 million by offering 6.5 million shares at a price range of $18 to $20. At the midpoint of the proposed range, AquaVenture Holdings would command a market value of $483 million. AquaVenture...read more