KLTR News

IPO activity continued at a record pace this past week with 19 IPOs, marking the fourth week in 2021 with at least 17 US IPOs, the most since the year 2000. With the August lull around the corner, the pipeline saw less activity than usual; five IPOs and 13 SPACs submitted initial filings. Protein therapy platform Absci (ABSI) priced at the midpoint to raise...read more

Kaltura, which provides live and on-demand video SaaS solutions, raised $150 million by offering 15 million shares at $10, within the range of $9 to $11. Kaltura's Video Experience Cloud offers live, real-time, and on-demand video products including Video Portal, Town Halls, Video Messaging, Webinars, Virtual Events, and Meetings. It also offers specialized industry solutions...read more

Updated Monday, 7/19. The IPO market’s breakneck pace is expected to continue in the week ahead, with a whopping 19 IPOs slated to raise $5.2 billion. The largest deal of the week, specialty insurance brokerage Ryan Specialty Group (RYAN) plans to raise $1.3 billion at a $6.1 billion market cap. The company assists in the placement of hard...read more

Kaltura, which provides live and on-demand video SaaS solutions, announced terms for its IPO on Monday.  The New York, NY-based company plans to raise $150 million by offering 15 million shares at a price range of $9 to $11. At the midpoint of the proposed range, Kaltura would command a fully diluted market value of $1.4 billion. Kaltura originally filed for an IPO this past...read more