LFST News

10 IPOs and nine SPACs went public this past week as the IPO market continues to heat up heading into summer. The IPO pipeline stayed active as well, with 12 IPOs and seven SPACs submitting initial filings. Payment card platform Marqeta (MQ) priced above the range to raise $1.2 billion at a $15.4 billion market cap. Marqeta provides an open API platform for...read more

LifeStance Health Group, which provides outpatient mental health services, raised $720 million by offering 40 million shares (18% insider) at $18, above the range of $15 to $17. At pricing, the company raised 13% more in proceeds than anticipated and commands a fully diluted market value of $6.8 billion.  LifeStance states that it has built one of the nation's largest...read more

Updated Monday, 6/7. Nine IPOs are currently slated to raise $3.9 billion, featuring digital payments, mental health services, and more. Payments platform Marqeta (MQ) plans to raise $1.0 billion at a $12.4 billion market cap. The company's platform allows businesses to launch and manage their own card programs, issue cards to their customers or...read more

LifeStance Health Group, which provides outpatient mental health services, announced terms for its IPO on Tuesday. The Scottsdale, AZ-based company plans to raise $640 million by offering 40 million shares (18% insider) at a price range of $15 to $17. At the midpoint of the proposed range, LifeStance Health Group would command a fully diluted market value of $6.1 billion. ...read more