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CAVA soars 99% in one of the best first days for a larger IPO in the past two years

CAVA

Restaurant chain CAVA Group (CAVA) soared 99% in its debut on Thursday, delivering one of the best first-day performances for a $100+ million IPO in the past two years. ...read more

US IPO Weekly Recap: 7 IPOs debut ahead of the Thanksgiving holiday

SG

The IPO market was relatively quiet ahead of the holiday week with seven IPOs raising $1.5 billion. 12 SPACs also priced. Two deals failed to get done: childcare giant KinderCare (KLC) postponed, and Canada-listed Sangoma Technologies (SANG) terminated its proposed US offering. New issuers continued to join the pipeline in preparation for...read more

Solar-powered vehicle developer Sono Group prices US IPO at $15 midpoint

SEV

Sono Group, a Germany-based developer of solar powered vehicles, raised $150 million by offering 10 million shares at $15, within the range of $14 to $16. Sono Motors believes it is a pioneer and technological leader in solar-powered electric mobility. The pre-revenue company has integrated solar cells into its battery electric vehicle, called the Sion, and expects that in the...read more

US IPO Week Ahead: The IPO market settles down with 7 IPOs as the holiday week approaches

KLC

The IPO market is expected to pump the brakes ahead of the Thanksgiving holiday with seven IPOs scheduled to raise $1.9 billion in the week ahead. Childcare provider KinderCare Learning Companies (KLC) plans to raise $503 million at a $2.7 billion market cap. The company serves children from 6 weeks to 12 years of age through 1,480 early childhood education...read more