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
BETA Technologies, which makes small electric aircraft and propulsion systems, raised $1.0 billion by offering 29.9 million shares at $34, above the range of $27 to $33. The company had originally planned to offer 25 million shares. Cornerstone investors...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
Electric aircraft developer BETA Technologies prices upsized IPO at $34, above the range
BETA Technologies, which makes small electric aircraft and propulsion systems, raised $1.0 billion by offering 29.9 million shares at $34, above the range of $27 to $33. The company had originally planned to offer 25 million shares. Cornerstone investors...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