NRDS News

November kicked off with a 12 IPO week and shoe brand Allbirds (BIRD) was at the front of the flock, posting a first-day pop of 93%. 23 SPACs also went public. New issuers continued to join the pipeline, with five IPOs and 13 SPACs submitting initial filings. Two issuers postponed this past week: Russian car-sharing firm Delimobil (DMOB) and...read more

NerdWallet, which provides a personal finance app that promotes financial products, raised $131 million by offering 7.3 million shares at $18, the midpoint of the $17 to $19 range. Based in San Francisco, NerdWallet provides a digital platform for individual consumers and SMBs with educational content, tools and calculators, product marketplaces, and the NerdWallet app. Its...read more

Updated Monday, 11/1. The IPO market has seen double digit offerings for the past two weeks, and is scheduled to continue its streak, with 13 IPOs expected to raise $2.7 billion. Drug discovery company Evotec (EVO) plans to raise $576 million at a $9.2 billion market cap. The company aims to accelerate and improve the efficiency of the drug discovery...read more

NerdWallet, which provides a personal finance app that promotes financial products, announced terms for its IPO on Tuesday. The San Francisco, CA-based company plans to raise $131 million by offering 7.3 million shares at a price range of $17 to $19. At the midpoint of the proposed range, NerdWallet would command a fully diluted market value of $1.3 billion. NerdWallet provides a...read more