CIAN News

November kicked off with a 12 IPO week and shoe brand Allbirds (BIRD) was at the front of the flock, posting a first-day pop of 93%. 23 SPACs also went public. New issuers continued to join the pipeline, with five IPOs and 13 SPACs submitting initial filings. Two issuers postponed this past week: Russian car-sharing firm Delimobil (DMOB) and...read more

Cian, which provides a platform for online real estate listings and other services in Russia, raised $291 million by offering 18.2 million ADSs (78% secondary) at $16, the high end of the range of $13.50 to $16. Cian states that it is a leading online real estate classifieds platform in the Russian real estate classifieds market, ranking among the top ten most popular online real...read more

Updated Monday, 11/1. The IPO market has seen double digit offerings for the past two weeks, and is scheduled to continue its streak, with 13 IPOs expected to raise $2.7 billion. Drug discovery company Evotec (EVO) plans to raise $576 million at a $9.2 billion market cap. The company aims to accelerate and improve the efficiency of the drug discovery...read more

Cian, which provides a platform for online real estate listings and other services in Russia, announced terms for its US IPO on Thursday. The Moscow, Russia-based company plans to raise $269 million by offering 18.2 million ADSs (78% secondary) at a price range of $13.50 to $16.00. At the midpoint of the proposed range, Cian would command a market value of $1.0 billion.  Cian...read more