UTRS News

The fall IPO market kept a brisk pace this past week with 11 IPOs, led by restaurant chain Portillo’s (PTLO). SPACs also stayed active, with 18 blank check IPOs. There was one postponement: winery Winc (WBEV). New filers continue to flood the pipeline, with 14 IPOs and X SPACs submitting initial filings. Portillo’s (PTLO) priced...read more

Minerva Surgical, which makes minimally invasive devices to treat abnormal uterine bleeding, raised $75 million by offering 6.3 million shares at $12, below the range of $15 to $17. Minerva is a commercial-stage medical technology company focused on developing, manufacturing, and commercializing minimally invasive solutions for uterine healthcare. The company has established a...read more

Updated Monday, 10/18. 11 IPOs are slated to raise $2.0 billion led by restaurant chain Portillo’s (PTLO). The diverse group also features investment management software, water pipelines, coconut water, and crypto mining. Portillo’s (PTLO), known for its Chicago-style hot dogs, plans to raise $375 million at a $1.3 billion...read more

Minerva Surgical, which makes minimally invasive devices to treat abnormal uterine bleeding, announced terms for its IPO on Friday. The Santa Clara, CA-based company plans to raise $100 million by offering 6.3 million shares at a price range of $15 to $17. At the midpoint of the proposed range, Minerva Surgical would command a fully diluted market value of $473 million. Minerva...read more