November’s IPO market struggled to take off amid a US government shutdown at the start of the month and a slump in tech stocks. Even still, eleven new listings managed to raise a combined $2.3 billion, below the month’s historical 10-year average...read more
Six IPOs debuted this week, raising a combined $1.8 billion. Four SPACs also listed. One IPO and seven SPACs submitted initial filings. Leading the pack, electric aircraft manufacturer Beta Technologies (BETA) priced its upsized IPO above the range to raise...read more
Grupo Aeromexico, a restructured Mexican airline, raised $223 million by offering 11.7 million ADSs (37% secondary) at $19, the midpoint of the range of $18 to $20. It raised about $52 million in the concurrent Mexican offering (75% secondary), and raised an...read more
Five sizable IPOs are scheduled for the week ahead, which all launched after the government shutdown began, and are all pricing through the 20-day rule pursuant to Section 8(a) of the Securities Act of 1933. Leading the pack, Beta Technologies (BETA) plans...read more
Renaissance Capital's November IPO Market Update
November’s IPO market struggled to take off amid a US government shutdown at the start of the month and a slump in tech stocks. Even still, eleven new listings managed to raise a combined $2.3 billion, below the month’s historical 10-year average...read more
US IPO Weekly Recap: Beta Technologies leads 6 deal week to open November
Six IPOs debuted this week, raising a combined $1.8 billion. Four SPACs also listed. One IPO and seven SPACs submitted initial filings. Leading the pack, electric aircraft manufacturer Beta Technologies (BETA) priced its upsized IPO above the range to raise...read more
Mexican airline Grupo Aeromexico prices US IPO at $19 midpoint
Grupo Aeromexico, a restructured Mexican airline, raised $223 million by offering 11.7 million ADSs (37% secondary) at $19, the midpoint of the range of $18 to $20. It raised about $52 million in the concurrent Mexican offering (75% secondary), and raised an...read more
US IPO Week Ahead: Beta Technologies leads flurry of debuts as shutdown rolls on
Five sizable IPOs are scheduled for the week ahead, which all launched after the government shutdown began, and are all pricing through the 20-day rule pursuant to Section 8(a) of the Securities Act of 1933. Leading the pack, Beta Technologies (BETA) plans...read more