Eight IPOs raised a combined $29.3 billion in July, joined by three direct listings. New listings raised more than six times July’s 10-year historical average ($4.7B), driven almost entirely by Korea-listed SK hynix (SKHY), which raised $26.5 billion in ...read more
Six IPOs and two SPACs priced this week. One IPO and one SPAC submitted filings. Sandwich chain Jersey Mike’s Subs (JMKE) priced at the midpoint to raise $1.0 billion at a $7.3 billion market cap. Backed by Blackstone, Jersey Mike's is a fast-casual...read more
Reformation, a DTC-focused womenswear brand with 70 stores, raised $211 million by offering 14.1 million shares at $15, the low end of the $15 to $17 range. At pricing, the company commands a fully diluted market value of $973 million. Reformation, which began ...read more
Renaissance Capital’s July IPO Market Update
Eight IPOs raised a combined $29.3 billion in July, joined by three direct listings. New listings raised more than six times July’s 10-year historical average ($4.7B), driven almost entirely by Korea-listed SK hynix (SKHY), which raised $26.5 billion in ...read more
US IPO Weekly Recap: Jersey Mike’s and Reformation underwhelm
Six IPOs and two SPACs priced this week. One IPO and one SPAC submitted filings. Sandwich chain Jersey Mike’s Subs (JMKE) priced at the midpoint to raise $1.0 billion at a $7.3 billion market cap. Backed by Blackstone, Jersey Mike's is a fast-casual...read more
Womenswear brand Reformation prices IPO at $15, the low end of the range
Reformation, a DTC-focused womenswear brand with 70 stores, raised $211 million by offering 14.1 million shares at $15, the low end of the $15 to $17 range. At pricing, the company commands a fully diluted market value of $973 million. Reformation, which began ...read more
IPO Winners & Losers: Jersey Mike's, Bubble Baths, and Biotech Wins
Welcome back to Renaissance Capital’s IPO Winners and Losers, the weekly podcast breaking down the biggest stories shaping the IPO market. Click here to get the newsletter in your inbox every week.
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