COUR News

Sock maker Bombas is the latest company preparing to ride the ESG investing wave, with the certified B Corp reportedly considering an IPO as soon as this year. It would join Greek yogurt brand Chobani (CHO) in the IPO pipeline, which filed last November as a public benefit corporation (PBC) to raise an estimated $1.5 billion. To date,...read more

The IPO market pumped the brakes in the shortened holiday week, with six IPOs raising $1.9 billion and just two SPACs raising $300 million. Pipeline activity slowed from previous weeks as well, with six IPOs and seven SPACs submitting initial filings. Low-cost airline Frontier Group Holdings (ULCC) priced at the low end to raise $570 million at a $4.3 billion...read more

Coursera, an online education platform offering courses in a variety of subjects, raised $519 million by offering 15.7 million shares (7% secondary) at $33, the high end of the range of $30 to $33. New investors Baillie Gifford and Capital Research had indicated on $125 million worth of shares in the offering. Coursera has built a global platform connecting learners,...read more

Following some turbulence in the IPO market, eight IPOs are scheduled to raise $3.0 billion in the shortened holiday week. Online real estate brokerage Compass (COMP) plans to raise $882 million at a $12.5 billion market cap. Compass provides a platform for real estate agents to manage and deliver service to seller and buyer clients. Fast growing but...read more