During November, 34 IPOs raised $17.6 billion, the IPO market's biggest November since 1999. Blank check companies continued to gain momentum, as 60 SPACs raised $11.1 billion. The most active sector was technology, which accounted for 11 of the month's IPOs...read more
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...read more
Evotec, which provides drug discovery solutions for the pharmaceutical industry, raised $435 million by offering 20 million ADSs at $21.75, below the as-converted last close of its shares on the Frankfurt Stock Exchange ($22.87). The company offered 2 million...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 ...read more
Renaissance Capital’s November IPO Market Update
During November, 34 IPOs raised $17.6 billion, the IPO market's biggest November since 1999. Blank check companies continued to gain momentum, as 60 SPACs raised $11.1 billion. The most active sector was technology, which accounted for 11 of the month's IPOs...read more
US IPO Weekly Recap: Allbirds spreads its wings and soars 93% in a 12 IPO week
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...read more
Germany-listed drug discovery company Evotec prices downsized US IPO at $21.75
Evotec, which provides drug discovery solutions for the pharmaceutical industry, raised $435 million by offering 20 million ADSs at $21.75, below the as-converted last close of its shares on the Frankfurt Stock Exchange ($22.87). The company offered 2 million...read more
US IPO Week Ahead: Steady IPO deal flow set to continue with 13 IPOs slated for next week
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 ...read more