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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

Money talks: Language learning app Duolingo prices IPO above the range at $102

DUOL

Duolingo, an online and mobile language learning platform, raised $521 million by offering 5.1 million shares (28% secondary) at $102, above the upwardly-revised range of $95 to $100. The company had originally filed to offer the same number of shares at a range of $85 to $95, before it increased the range on Monday. At pricing, Duolingo raised 13% more than originally expected. ...read more

Language learning platform Duolingo raises range to $95 to $100 ahead of $498 million IPO

DUOL

Duolingo, an online language learning platform, raised the proposed deal size for its upcoming IPO on Monday. The Pittsburgh, PA-based company now plans to raise $498 million by offering 5.1 million shares (28% secondary) at a price range of $95 to $100. The company had previously filed to offer the same number of shares at a range of $85 to $95. At the midpoint of the revised...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