Six IPOs raised $1.4 billion in the past week. The average deal priced 16% below its proposed midpoint, and the week's three large offerings each came in well below the range. The price cuts were enough for an average gain of 5%. While there were no...read more
ASV Holdings, which designs and manufactures loader equipment under ASV, Terex and CAT brands, raised $27 million by offering 3.8 million shares at $7, below the range of $8 to $10. At the IPO price, ASV commands a market value of $69 million. ASV Holdings...read more
Seven deals are on the IPO calendar to raise $1.7 billion in week ahead. Industrial parts manufacturer Gardner Denver leads the pack with a $1.0 billion offering, while California real estate developer Five Point and oilfield equipment provider ...read more
ASV Holdings, which designs and manufactures loader equipment under ASV, Terex and CAT brands, announced terms for its IPO on Wednesday. The Grand Rapids, MN-based company plans to raise $34 million by offering 3.8 million shares (53% insider) at a price...read more
US IPO Weekly Recap: 6 IPOs face heavy valuation cuts and gain 5%
Six IPOs raised $1.4 billion in the past week. The average deal priced 16% below its proposed midpoint, and the week's three large offerings each came in well below the range. The price cuts were enough for an average gain of 5%. While there were no...read more
Dirt cheap: loader equipment manufacturer ASV Holdings prices IPO at $7, below the range
ASV Holdings, which designs and manufactures loader equipment under ASV, Terex and CAT brands, raised $27 million by offering 3.8 million shares at $7, below the range of $8 to $10. At the IPO price, ASV commands a market value of $69 million. ASV Holdings...read more
US IPO Week Ahead: Gardner Denver's $1 billion IPO leads week with 7 offerings
Seven deals are on the IPO calendar to raise $1.7 billion in week ahead. Industrial parts manufacturer Gardner Denver leads the pack with a $1.0 billion offering, while California real estate developer Five Point and oilfield equipment provider ...read more
Loading up: loader equipment manufacturer ASV Holdings sets terms for $34 million IPO
ASV Holdings, which designs and manufactures loader equipment under ASV, Terex and CAT brands, announced terms for its IPO on Wednesday. The Grand Rapids, MN-based company plans to raise $34 million by offering 3.8 million shares (53% insider) at a price...read more