TDUP News

In a turbulent week for the IPO market, 17 IPOs and 20 SPACs went public, and one company postponed, defense contractor Leonardo DRS (DRS). While returns cooled off, with just over half of the week’s IPOs finishing below issue, there were a few bright spots, led by biotechs Design Therapeutics (DSGN) and Ikena Oncology...read more

ThredUp, an online marketplace for second hand clothing, raised $168 million by offering 12 million shares at $14, the high end of the range of $12 to $14. ThredUp plans to list on the Nasdaq under the symbol TDUP. Goldman Sachs, Morgan Stanley, Barclays and William Blair acted as lead managers on the deal....read more

Updated Monday, 3/22. 15 IPOs are currently scheduled to raise $5.7 billion in the week ahead as IPO activity continues to pick up. The diverse group spans six sectors and includes cleaning products, defense technology, low-cost TVs, crafting machines, and more. Cleaning products maker Diversey Holdings (DSEY) plans to raise $900 million at a $5...read more

ThredUp, an online marketplace for second hand clothing, announced terms for its IPO on Wednesday. The Oakland, CA-based company plans to raise $156 million by offering 12 million shares at a price range of $12 to $14. At the midpoint of the proposed range, ThredUp would command a fully diluted market value of $1.4 billion. ThredUp offers an online resale platform for...read more