OLPX News

The IPO market remained active this past week as four IPOs raised $2.3 billion, joined by two direct listings. SPAC activity kept steady with nine blank check IPOs. New filers continue to pour into the IPO pipeline, with 17 IPOs and 10 SPACs submitting initial filings. NYSE direct listing Warby Parker (WRBY) opened for trading at $54 (+35% vs. reference price)...read more

IPO Market Posts Another Record Quarter in a Record Year In the third quarter of 2021, 94 IPOs raised $27.6 billion, marking the busiest 3Q by deal count since 2000. Following an explosive second quarter, activity remained brisk before tapering off in the typically-slow month of August, and coming back strong after...read more

Olaplex Holdings, which sells hair care products containing a patented repair ingredient, raised $1.5 billion by offering 73.7 million shares (100% secondary) at $21, above the upwardly revised range of $17 to $19. The selling shareholders sold 6.7 million more shares than anticipated. The company originally planned to offer 67 million shares (100% secondary) at $14 to $16, before...read more

Olaplex Holdings, which sells hair care products containing a patented repair ingredient, raised the proposed deal size for its upcoming IPO on Tuesday. The Santa Barbara, CA-based company now plans to raise $1.2 billion by offering 67 million shares (100% secondary) at a price range of $17 to $19. The company had previously filed to offer the same number of shares at a range of...read more