CDNL News
Archived Headlines
- US IPO Week Ahead: December to start on a quiet note, some notable deals may launch 11/28/25
- US IPO Week Ahead: Quiet holiday week set to close out November 11/21/25
- The US government is finally reopening. Here are the IPOs we could see before the end of 2025. 11/13/25
- Renaissance Capital's October IPO Market Update 11/03/25
- US IPO Weekly Recap: 6 deals list in face of government shutdown 10/17/25
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US IPO Weekly Recap: Wealthfront leads 4 IPO week, while United Rentals challenger submits filings
Four IPOs and six SPACs debuted this week. Eight IPOs and four SPACs submitted filings. Digital investing platform Wealthfront (WLTH) priced at the top of the range to raise $485 million at a $2.6 billion market cap. Known as a “robo-advisor,”...read more
Construction services provider Cardinal Infrastructure prices IPO at $21 midpoint
Cardinal Infrastructure Group, which provides wet utility and other infrastructure services in North Carolina, raised $242 million by offering 11.5 million shares at $21, the midpoint of the range of $20 to $22. Cardinal says it leverages a skilled workforce...read more
US IPO Week Ahead: Final IPO window of 2025 starts with 3 listings including Wealthfront
The 2025 IPO window is quickly narrowing, with just two weeks left in the year's typical IPO calendar. Three sizable offerings are scheduled for the week ahead, featuring fintech, healthcare, and infrastructure. With markets recovering from a recent sell-off in ...read more
Construction services provider Cardinal Infrastructure sets terms for $242 million IPO
Cardinal Infrastructure Group, which provides wet utility installations and other infrastructure services in North Carolina, announced terms for its IPO on Monday. The Raleigh, NC-based company plans to raise $242 million by offering 11.5 million shares (65%...read more