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CAI News

Renaissance IPO Index – Notice of September 2025 Quarterly Changes

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The Renaissance IPO Index, the underlying index for the Renaissance IPO ETF (Ticker: IPO), will implement the following constituent changes effective Monday, September 22, 2025: Additions: Bullish Caris Life Sciences Chime Financial Circle Internet Group...read more

Updated: Renaissance Capital's 2Q 2025 US IPO Market Review

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IPO Market Gains Traction in the 2Q Despite Tariff Turmoil Despite an early surge in volatility from shifting US tariff policies and recession concerns, the IPO market ended the quarter with more momentum than it started. A total of 44 IPOs raised a combined...read more

US IPO Weekly Recap: Sizable precision medicine and insurance IPOs raise a combined $902 million

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A handful of IPOs and blank checks priced in the short holiday week, led by two sizable issuers. Precision medicine platform Caris Life Sciences (CAI) priced above the upwardly revised range to raise $494 million at a $6.1 billion market cap. Caris is...read more

Caris Life Sciences prices IPO at $21, above the upwardly revised range

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Caris Life Sciences, which offers an AI-powered molecular diagnostics platform focused on oncology, raised $494 million by offering 23.5 million shares at $21, above the upwardly revised range of $19 to $20. The company had originally planned to offer the same...read more