UDMY News

The IPO market remained active this past week as 14 IPOs raised $6.3 billion. SPAC activity kept steady with 13 blank check IPOs raising $2.1 billion. New filers continued to pour into the IPO pipeline, with eight IPOs and seven SPACs submitting initial filings. Semiconductor foundry GlobalFoundries (GFS) priced at the high end to raise $2.6 billion at a $26...read more

Udemy, an online education marketplace offering user-generated courses, raised $421 million by offering 14.5 million shares at $29, the high end of the range of $27 to $29. At pricing, the company commands a fully diluted market value of $4.4 billion. Udemy operates a two-sided marketplace where its instructors develop content to meet learner demand. Courses can be...read more

Updated Monday, 10/25. The IPO market continues to stay busy with 15 IPOs schedule to raise $7.2 billion in the week ahead.   Semiconductor foundry GlobalFoundries (GFS) plans to raise $2.4 billion at a $24.6 billion market cap. Backed by Abu Dhabi’s Mubadala, US-based GlobalFoundries is one of the world’s leading specialty...read more

Udemy, an online education marketplace offering user-generated courses, announced terms for its IPO on Wednesday. The San Francisco, CA-based company plans to raise $406 million by offering 14.5 million shares at a price range of $27 to $29. New investor Caledonia Investments intends to purchase $75 million worth of shares in the offering (18% of the deal). At the midpoint of...read more