Ten IPOs raised a combined $1.8 billion in August, joined by two direct listings. Activity slowed from July’s pace as the market entered its typical summer slowdown but was slightly above the month’s 10-year historical average (10 IPOs, $1.7B). Six...read more
Lyntris, a roll-up providing defense technology and connectivity solutions, raised $298 million by offering 17 million shares (66% secondary) at $17.50, below the $19 to $22 range. The offering contained 7 million fewer shares than anticipated. Primary shares...read more
The IPO markets summer slowdown is in full swing, though one sizable IPO issuer is currently scheduled for the week ahead. Defense tech roll-up Lyntris (LYNX) plans to raise $492 million at a $2.4 billion market cap. Lyntris supplies connectivity solutions...read more
Renaissance Capital’s August IPO Market Update
Ten IPOs raised a combined $1.8 billion in August, joined by two direct listings. Activity slowed from July’s pace as the market entered its typical summer slowdown but was slightly above the month’s 10-year historical average (10 IPOs, $1.7B). Six...read more
IPO Winners & Losers: Anthropic’s Mega IPO, OpenAI Steps Back, and AI Infra Cracks
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...read moreDefense tech roll-up Lyntris prices downsized IPO at $17.50, below the range
Lyntris, a roll-up providing defense technology and connectivity solutions, raised $298 million by offering 17 million shares (66% secondary) at $17.50, below the $19 to $22 range. The offering contained 7 million fewer shares than anticipated. Primary shares...read more
US IPO Week Ahead: Defense roll-up squeezes through the IPO window as summer wraps up
The IPO markets summer slowdown is in full swing, though one sizable IPO issuer is currently scheduled for the week ahead. Defense tech roll-up Lyntris (LYNX) plans to raise $492 million at a $2.4 billion market cap. Lyntris supplies connectivity solutions...read more