SWIM News

12 IPOs raised $3.7 billion this past week, led by software maker UiPath (PATH), which raised more than $1 billion in its public debut. The pipeline remained active, with 11 IPOs and one direct listing submitting initial filings. SPAC activity continued to decline, with no pricings for the first week ever in 2021 and just four new filings. The largest deal...read more

Latham Group, a leading designer and manufacturer of in-ground residential swimming pools, raised $380 million by offering 20 million shares at $19, the low end of the range of $19 to $21. Latham Group plans to list on the Nasdaq under the symbol SWIM. Barclays, BofA Securities, Morgan Stanley and Goldman Sachs acted as lead managers on the deal....read more

Updated Monday, 4/19. 11 IPOs are scheduled to raise a total of $3.6 billion in the week ahead, led by software maker UiPath (PATH). The largest IPO of the week, UiPath (PATH) plans to raise $990 million at a $26.0 billion market cap. The company provides software that identifies automation opportunities across organizations....read more

Latham Group, a leading designer and manufacturer of in-ground residential swimming pools, announced terms for its IPO on Wednesday. The Latham, NY-based company plans to raise $400 million by offering 20 million shares (46% synthetic secondary) at a price range of $19 to $21. At the midpoint of the proposed range, Latham Group would command a fully diluted market value of $2.4...read more