CNTA News

Six IPOs raised $1.8 billion ahead of the short holiday week, joined by one direct listing and five SPACs. Returns bounced back after tumultuous trading earlier this month, with the week’s deals all finishing above issue. New filers began to flood the summer IPO pipeline, with 19 IPOs and eight SPACs submitting initial filings. Healthcare apparel brand FIGS...read more

Centessa Pharmaceuticals, a biotech holding company carved out of Medicxi, raised $330 million by offering 16.5 million shares at $20, the high end of the range of $18 to $20. The company offered 1.5 million more shares than anticipated. At the revised deal size, the company raised 16% more proceeds than expected and commands a fully diluted market value of $1.9 billion. ...read more

Centessa Pharmaceuticals, a carve-out of Medicxi's biotech portfolio, announced terms for its IPO on Monday. The Cambridge, United Kingdom-based company plans to raise $285 million by offering 15 million shares at a price range of $18 to $20. At the midpoint of the proposed range, Centessa Pharmaceuticals would command a fully diluted market value of $1.8 billion.  ...read more

Updated Monday, 5/24. Six IPOs are scheduled to raise $1.4 billion in the week ahead, joined by one direct listing.   Set to begin trading Wednesday, job marketplace ZipRecruiter (ZIP) plans to complete a direct listing on the NYSE, with an estimated market value at listing of more than $3 billion. ZipRecruiter operates an online job...read more