CHA News
Archived Headlines
- US IPO Week Ahead: IPO market serves up tea and drones after a volatile week 04/11/25
- China-based teahouse chain Chagee Holdings sets terms for a $396 million US IPO 04/10/25
- US IPO Weekly Recap: CoreWeave fails to impress in downsized IPO, as more names join the pipeline 03/28/25
- China-based teahouse chain Chagee Holdings files for a $100 million US IPO 03/25/25
StubHub founder's 100-to-1 super-voting rights signal the return of dual class shares in the IPO market
Twenty years ago, StubHub’s co-founder and CEO Eric Baker was ousted from his company, a fate he made sure to prevent this time around. Last week, StubHub (STUB) completed its long-anticipated public listing, and thanks to super-voting dual class...read more
Updated: Renaissance Capital's 2Q 2025 US IPO Market Review
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
Renaissance Capital's April IPO Market Update
Sixteen IPOs raised a combined $1.4 billion in April, slightly above the 10-year historical average by deal count (14 IPOs) but well below by proceeds ($3.4B) as micro-caps dominated activity. Only two US-based companies listed, with the remaining 14 (88%)...read more
China-based teahouse chain Chagee prices IPO at $28, the high end of the range
Chagee Holdings, which owns and franchises teahouses in China, raised $411 million by offering 14.7 million shares at $28, the high end of the range of $26 to $28. CHAGEE is a leading premium tea drinks brand, serving freshly-made tea, tea lattes, tea frappes ...read more