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