16 IPOs went public in another active week for the IPO market, led by digital physicians network Doximity (DOCS), which soared 104% in its debut. The week’s IPOs were joined by four SPACs, as well as one postponement, Chinese social networking platform Soulgate (SSR). Doximity (DOCS) priced above the range to raise...read more
Alpha Teknova, which provides reagents and other materials for biopharmaceutical R&D applications, raised $96 million by offering 6 million shares at $16, the high end of the range of $14 to $16. The company offered 1 million more shares than anticipated. Alpha Teknova is a leading provider of critical reagents that enable the discovery, research, development and production of...read more
Alpha Teknova, which provides reagents and other materials for biopharmaceutical R&D applications, announced terms for its IPO on Monday. The Hollister, CA-based company plans to raise $75 million by offering 5 million shares at a price range of $14 to $16. At the midpoint of the proposed range, Alpha Teknova would command a fully diluted market value of $425 million. Alpha...read more
Just one IPO entered public markets after the holiday weekend, but the pipeline remained active, with 14 IPOs and 10 SPACs submitting initial filings. Cross-border payment processor dLocal (DLO) priced well above the range to raise $618 million at a $6.2 billion market cap. The Uruguay-based company provides a safe and simple platform for global...read more
US IPO Weekly Recap: Doximity pops more than 100% in a 16 IPO week
16 IPOs went public in another active week for the IPO market, led by digital physicians network Doximity (DOCS), which soared 104% in its debut. The week’s IPOs were joined by four SPACs, as well as one postponement, Chinese social networking platform Soulgate (SSR). Doximity (DOCS) priced above the range to raise...read more
Biopharmaceutical reagents provider Alpha Teknova prices upsized IPO at $16 high end
Alpha Teknova, which provides reagents and other materials for biopharmaceutical R&D applications, raised $96 million by offering 6 million shares at $16, the high end of the range of $14 to $16. The company offered 1 million more shares than anticipated. Alpha Teknova is a leading provider of critical reagents that enable the discovery, research, development and production of...read more
Biopharmaceutical reagents provider Alpha Teknova sets terms for $75 million IPO
Alpha Teknova, which provides reagents and other materials for biopharmaceutical R&D applications, announced terms for its IPO on Monday. The Hollister, CA-based company plans to raise $75 million by offering 5 million shares at a price range of $14 to $16. At the midpoint of the proposed range, Alpha Teknova would command a fully diluted market value of $425 million. Alpha...read more
US IPO Weekly Recap: June kicks off with a quiet 1 IPO week
Just one IPO entered public markets after the holiday weekend, but the pipeline remained active, with 14 IPOs and 10 SPACs submitting initial filings. Cross-border payment processor dLocal (DLO) priced well above the range to raise $618 million at a $6.2 billion market cap. The Uruguay-based company provides a safe and simple platform for global...read more