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US IPO Weekly Recap: Postponements abound in a turbulent 5 IPO week


The IPO market had a tumultuous week with five IPOs and three postponements: Brazilian customer service platform Zenvia (ZENV), mortgage insurance spinoff Enact Holdings (ACT), and hearing care services provider (HCG). SPAC activity remained steady, with two blank check IPOs raising $430 million. New filers more

Hydroponic equipment supplier iPower prices IPO at $5, below the downwardly revised range


iPower, an online hydroponic equipment supplier, raised $17 million by offering 3.4 million shares at $5, below the range of $7 to $9. The company offered 0.4 million more shares than anticipated. It originally planned to offer 5 million shares at a range of $9 to $11, before revising the terms last week.  The company believes that it is one of the largest more

US IPO Week Ahead: Mortgage insurance and cross-border e-commerce lead an 8 IPO week


Updated Monday, 5/10. Eight IPOs are slated to raise $1.6 billion in the week ahead, led by private mortgage insurance company Enact Holdings (ACT). The largest deal of the week, Enact Holdings (ACT) plans to raise $497 million at a $3.6 billion market cap. Being spun out of Genworth Financial, Enact is a leading more

Online hydroponic equipment retailer iPower slashes deal size by 52% ahead of $24 million IPO


iPower, an online hydroponic equipment supplier, lowered the proposed deal size for its upcoming IPO on Friday. The Duarte, CA-based company now plans to raise $24 million by offering 3 million shares at a price range of $7 to $9. The company had previously filed to offer 5 million shares at a range of $9 to $11. At the midpoint of the revised range, iPower will raise -52% more