MCW News

16 IPOs went public in another active week for the IPO market, led by digital physicians network Doximity (DOCS), which soared 104% in its debut. The week’s IPOs were joined by four SPACs, as well as one postponement, Chinese social networking platform Soulgate (SSR). Doximity (DOCS) priced above the range to raise...read more

Mister Car Wash, which is leading national car wash brand with over 340 locations across the US, raised $563 million by offering 37.5 million shares (16% insider) at $15, the low end of the range of $15 to $17. At pricing, the company commands a fully diluted market value of $4.9 billion. Mister Car Wash is the largest national car wash brand in the US, with 344 locations in 21...read more

Updated Monday, 6/21/21. 17 IPOs are scheduled to raise $6.3 billion in the week ahead, led by two billion-dollar deals. Chinese freight platform Full Truck Alliance (YMM) plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights,...read more

Mister Car Wash, a leading national car wash brand with 344 locations across the US, announced terms for its IPO on Thursday. The Tucson, AZ-based company plans to raise $600 million by offering 37.5 million shares (17% insider) at a price range of $15 to $17. At the midpoint of the proposed range, Mister Car Wash would command a fully diluted market value of $5.3 billion. ...read more