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Blank check company Avista Healthcare Public Acquisition prices $300 million IPO at $10

Avista Healthcare Public Acquisition, a blank check company formed by Avista to acquire a health care company, raised $300 million by offering 30 million shares at $10, as expected. Avista was behind 2014 IPO INC Research (INCR) and 2015 IPO Lantheus (LNTH). The SPAC plans to list on the Nasdaq under the symbol AHPAU. Credit Suisse acted as a lead manager on the deal....read more

US IPO Week Ahead: Medpace and three others are on pace for IPOs

MEDP

Four companies are set to raise a combined $270 million in the week ahead. Most notable deal Medpace, a contract research organization focused on biotechs, is joined by two potential customers: Protagonist Therapeutics and Motif Bio. Thanks to insider support, biotechs are the most active segment of the 2016 IPO market, with 20 offerings year-to-date (36% of total), but their...read more

Renaissance IPO Index - Notice of September 2015 Quarterly Changes

BABA

The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for the Renaissance IPO ETF (Ticker: IPO), will implement the following constituent changes at the market’s close on Friday, September 18, 2015: Additions: Blue Buffalo Pet Products TransUnion Ultragenyx...read more

US IPO Weekly Recap: 8 companies go public with strong returns as 5 delay IPOs

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