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The last major IPOs of 2021 see their lock-ups expire in the coming week


A number of IPO lock-up agreements are set to expire next week, including for VC-backed HashiCorp and Samsara, the last major deals of 2021. As a result of these lock-up expirations, hundreds of millions of shares held by insiders will become eligible for sale. Lock-ups can sometimes represent an important trading event, which Rivian (RIVN) more

US IPO Weekly Recap: Digital banking leads a 3 IPO week


After a quiet start to the month, the IPO market picked up slightly with three IPOs this past week, joined by 21 SPACs. The pipeline stayed relatively quiet, with just two IPOs and six SPACs submitting initial filings. Brazil-based Nu Holdings (NU) priced at the high end of downwardly revised range to raise $2.6 billion at a $43.4 billion market cap. Operating more

Cloud infrastructure platform HashiCorp prices IPO at $80, well above the range


HashiCorp, which provides cloud infrastructure and data center management solutions, raised $1.2 billion by offering 15.3 million shares at $80, above the range of $68 to $72. The company states that its cloud operating model provides consistent workflows and a standardized approach to automating the critical processes involved in delivering applications in the cloud, more

US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week


The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion. Buffett-backed Nu Holdings (NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has more