TOST News
Archived Headlines
- Restaurant payment processor Toast raises range to $34 to $36 ahead of $761 million IPO 09/20/21
- US IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week 09/17/21
- Restaurant payment processor Toast sets terms for $685 million IPO 09/13/21
- Renaissance Capital’s August IPO Market Update 09/01/21
- Getting bread: Restaurant payment processor Toast files for an estimated $1 billion IPO 08/27/21
Climb high, fall hard: Recent IPOs have tumbled from their 2021 highs
2022 IPO activity has been weighed down by poor returns and volatility, grinding to a halt in late February. Many of the best-performing IPOs in recent years have been hit hardest by the recent sell-off. Over two thirds of IPOs since 2019 (530 of 775) are down...read more
Updated: Renaissance Capital's 3Q 2021 US IPO Market Review
IPO Market Posts Another Record Quarter in a Record YearIn the third quarter of 2021, 94 IPOs raised $27.6 billion, marking the busiest 3Q by deal count since 2000. Following an explosive second quarter, activity remained brisk before tapering off in the...read more
US IPO Weekly Recap: Toast gets buttered up in a 13 IPO week
It was another busy week for the fall IPO market as 13 IPOs raised $4.6 billion led by restaurant payment processor Toast (TOST), which jumped 56% in its debut. Six SPACs also went public, and one IPO postponed: Canadian consumer products company ...read more
Restaurant payment processor Toast prices IPO at $40, above the upwardly revised range
Toast, which provides mobile and digital payment processing and other services for restaurants, raised $870 million by offering 21.7 million shares at $40, above the upwardly revised range of $34 to $36. The company originally planned to offer its shares at $30 ...read more