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OMDA News

US IPO Weekly Recap: Circle soars nearly 250% after completing $1+ billion IPO

CRCL

Two sizable issuers went public this past week and featured the best first-day pop for a billion-dollar IPO in Renaissance’s 30+ year history. Three IPOs and two SPACs also submitted initial filings. Stablecoin issuer Circle Internet Group (CRCL)...read more

Chronic care management platform Omada Health prices IPO at $19 midpoint

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Omada Health, which provides digital health tools for patients with chronic conditions, raised $150 million by offering 7.9 million shares at $19, within the range of $18 to $20. At pricing, the company commands a fully diluted market value of $1.2...read more

Renaissance Capital's May IPO Market Update

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Eleven IPOs raised a combined $1.9 billion in May, joined by one direct listing. Activity was below the 10-year historical average (15 IPOs, $4.5B), though the month ended with more momentum than it started thanks to easing volatility and rising returns. There...read more

US IPO Week Ahead: IPO market gets more crypto and health-tech

CRCL

Two sizable IPOs are scheduled to price in the week ahead. Stablecoin issuer Circle Internet Group (CRCL) plans to raise $600 million at a $6.2 billion market cap. Circle’s US dollar-denominated payment stablecoin USDC is the #2 ranking stablecoin,...read more