Renaissance Capital logo

DOLE News

US IPO Weekly Recap: Biotechs pop and Robinhood flops in a record 20 IPO week

ICVX

The 2021 US IPO market continues to break records. 20 IPOs went public this past week, the most in a single week since the year 2000. New filers have slowed ahead of the August lull, with just one IPO submitting an initial filing. Three issuers postponed, citing either volatility or market conditions: vehicle battery maker Clarios International (BTRY), specialty...read more

Dole prices downsized IPO at $16, the low end of the downwardly revised range

DOLE

Dole, a leading global fruit and vegetable brand, raised $400 million by offering 25 million shares (100% primary) at $16, the low end of the downwardly revised range of $16 to $17. The company offered 5.3 million fewer shares than anticipated. It originally planned to offer 26 million shares (91% primary) at $20 to $23, before revising the terms on Wednesday. Dole is a global...read more

Leading fruit and vegetable company Dole lowers deal size by 11% ahead of $500 million US IPO

DOLE

Dole, a leading global branded fruit and vegetable company, lowered the proposed deal size for its upcoming IPO on Wednesday. The Dublin, Ireland-based company now plans to raise $500 million by offering 30.3 million shares (100% primary) at a price range of $16 to $17. The company had previously filed to offer 26 million shares (91% primary) at a range of $20 to $23. At the...read more

US IPO Week Ahead: Robinhood’s billion-dollar deal headlines a 25 IPO week

HOOD

Updated Monday, 7/26. After another week of record activity, the IPO market is expected to remain hot with 25 IPOs scheduled for the week ahead. If all scheduled IPOs begin trading as expected, it would be the busiest week for the US IPO market in more than two decades. Long-awaited retail brokerage Robinhood Markets (HOOD) plans to raise $2.2...read more