INFA News

The IPO market remained active this past week as 14 IPOs raised $6.3 billion. SPAC activity kept steady with 13 blank check IPOs raising $2.1 billion. New filers continued to pour into the IPO pipeline, with eight IPOs and seven SPACs submitting initial filings. Semiconductor foundry GlobalFoundries (GFS) priced at the high end to raise $2.6 billion at a $26...read more

Informatica, which provides an enterprise cloud data management platform, raised $841 million by offering 29 million shares at $29, the low end of the range of $29 to $32. At pricing, the company commands a market value of $8.3 billion.  Informatica states that it has pioneered a new category of software, the Intelligent Data Management Cloud, an AI-powered platform...read more

Updated Monday, 10/25. The IPO market continues to stay busy with 15 IPOs schedule to raise $7.2 billion in the week ahead.   Semiconductor foundry GlobalFoundries (GFS) plans to raise $2.4 billion at a $24.6 billion market cap. Backed by Abu Dhabi’s Mubadala, US-based GlobalFoundries is one of the world’s leading specialty...read more

Informatica, which provides an enterprise cloud data management platform, announced terms for its IPO on Monday. The Redwood City, CA-based company plans to raise $885 million by offering 29 million shares at a price range of $29 to $32. New investor GIC intends to purchase $150 million worth of shares in the offering (17% of the deal). At the midpoint of the proposed range,...read more