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Sector-wide sell-off: IPOs from all but one sector have traded off in recent months

VEI

The IPO market set new records in 2021, but a recent sell-off has walloped new issuers across nearly every sector over the past 90 days and 30 days. The sole sector with positive average returns, energy has produced just two IPOs since 2021, one of which was acquired shortly after its IPO (VEI). The remaining issuer, Aris Water Solutions (ARIS), averages a...read more

US IPO Weekly Recap: The summer IPO market heats up in a 13 IPO week

STVN

After a slow start to the month, the IPO market revved back to life with 13 IPOs coming to market this past week. SPAC activity picked up, with seven blank check IPOs raising $940 million. New filers continued to flood the IPO pipeline, with fourteen IPOs and nine SPACs submitting initial filings.   Italian drug container supplier Stevanato Group (STVN)...read more

Training day: Wahlberg-backed fitness studio F45 Training prices IPO at $16 midpoint

FXLV

F45 Training Holdings, a global fitness franchise offering 45-minute workouts, raised $325 million by offering 20.3 million shares (8% secondary) at $16, the midpoint of the $15 to $17 range. Backed by actor Mark Wahlberg, F45 Training's boutique studios offer high-intensity interval, circuit, and functional training exercises. As of June 30, 2021, the company had sold 2,801 studio...read more

US IPO Week Ahead: Real estate, post-pandemic plays and more in a 15 IPO week

STVN

Updated Monday, 7/12. After a slow holiday week, 15 IPOs are scheduled to raise nearly $4 billion in the week ahead. A handful of SPACs should also price. Italian drug container supplier Stevanato Group (STVN) plans to raise $900 million at a $6.8 billion market cap. Controlled by its founding family, the profitable company supplies glass vials,...read more