ARIS News

The IPO market set new records in 2021, but a recent sell-off has walloped new issuers across nearly every sector over the past 90 days and 30 days. The sole sector with positive average returns, energy has produced just two IPOs since 2021, one of which was acquired shortly after its IPO (VEI). The remaining issuer, Aris Water Solutions (ARIS), averages a...read more

The fall IPO market kept a brisk pace this past week with 11 IPOs, led by restaurant chain Portillo’s (PTLO). SPACs also stayed active, with 18 blank check IPOs. There was one postponement: winery Winc (WBEV). New filers continue to flood the pipeline, with 14 IPOs and X SPACs submitting initial filings. Portillo’s (PTLO) priced...read more

Aris Water Solutions, which operates a water pipeline for the oil and gas fracking industry, raised $229 million by offering 17.7 million shares at $13, below the range of $16 to $18. Aris states that it delivers full-cycle water handling and recycling solutions that increase the sustainability of energy company operations. Its integrated pipelines and related infrastructure...read more

Updated Monday, 10/18. 11 IPOs are slated to raise $2.0 billion led by restaurant chain Portillo’s (PTLO). The diverse group also features investment management software, water pipelines, coconut water, and crypto mining. Portillo’s (PTLO), known for its Chicago-style hot dogs, plans to raise $375 million at a $1.3 billion...read more