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