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Updated: Renaissance Capital's 3Q 2022 US IPO Market Review

CRBG

IPO Market Misfires in the Slowest 3Q in Over a Decade It was the worst third quarter for new issuers in over a decade, with 25 IPOs raising $2.4 billion as the 2022 US IPO market remains on track to raise the lowest proceeds of any year in our firm's 30+ year history. While issuance did pick up slightly from the...read more

Renaissance Capital's August IPO Market Update

GCT

While August is typically a slow month for capital markets, monthly issuance reached double digits for the first time this year as 12 small IPOs raised a combined $196 million. The largest deal raised just $36 million, and the median deal size remained low at $15 million. August IPOs averaged a return of over 1,000% from offer due to a volatile uplisting that began trading on the...read more

US IPO Weekly Recap: Summer IPO market marches on with more small deals

JZ

Six small deals priced this past week, though only three met the criteria for our 2022 IPO stats. Pipeline activity picked up with three new IPO filings, including a biotech that plans to raise $150 million, as well as amendments from some notable issuers on file. Beijing-based ...read more

Chinese education platform Jianzhi Education Technology Group prices US IPO at $5 low end

JZ

Jianzhi Education Technology Group, which provides an online learning platform and educational content in China, raised $25 million by offering 5 million shares at $5, the low end of the range of $5 to $7. Jianzhi Education started its operations by providing educational content products and IT services to higher education institutions in China, and since then it has shifted its...read more