IVP News

There was just one pricing this past week, which was excluded from our IPO stats, while holdover biotech Adlai Nortye (ANL) did not get done. Two foreign issuers also submitted initial filings. Filing activity reached a six-month high in August, and six issuers filed to raise $100 million or more, the most since January. Among the big names were UK-based chip...read more

Inspire Veterinary Partners, which acquires and operates veterinary hospitals across the US, raised $6 million by offering 1.6 million shares at $4, the low end of the range of $4 to $6. At pricing, Inspire Veterinary Partners has a market cap of less than $50 million, so it will be excluded from Renaissance Capital's 2023 IPO stats. Inspire Veterinary...read more

Inspire Veterinary Partners, which acquires and operates veterinary hospitals across the US, revised the terms for its upcoming IPO on Wednesday. The Virginia Beach, VA-based company now plans to raise $31 million by offering 6.2 million shares (76% secondary) at a price range of $4 to $6. The company had most recently filed to offer 5.7 million shares (83% secondary) at the same...read more

Three small issuers began trading this past week, two of which are eligible for inclusion in our IPO stats, while two delayed to the week ahead (UCAR and USGO). Four IPOs submitted initial filings, led by one biotech and one reinsurer both planning to raise $100 million. Chinese amusement and water park operator Golden Heaven Group (GDHG) downsized and priced...read more