New issuance started to wind down for the year in November, with eight mostly small IPOs raising a combined $348 million. Activity was well below the 10-year historical average (15 IPOs, $3.7B), though it's worth noting that deal flow often drops off in...read more
Six IPOs and one SPAC listed this week. One IPO and two SPACs submitted initial filings. China-based robotaxi developer Pony AI (PONY) priced its upsized $260 million IPO at the top of the range, at a $5.1 billion market cap. Through partnerships with...read more
Venu Holding, which owns and operates music venues and restaurants, raised $12 million by offering 1.2 million shares at $10, as expected. The company offered 0.2 million more shares than anticipated. Formerly known as Notes Live, the company currently...read more
Two IPOs are currently scheduled in the week ahead. China-based robotaxi developer Pony AI (PONY) tentatively plans to raise $240 million at a $4.7 billion market cap in the week ahead. Through partnerships with leading OEMs, Pony AI aims to mass produce...read more
Renaissance Capital's November IPO Market Update
New issuance started to wind down for the year in November, with eight mostly small IPOs raising a combined $348 million. Activity was well below the 10-year historical average (15 IPOs, $3.7B), though it's worth noting that deal flow often drops off in...read more
US IPO Weekly Recap: Robotaxi developer and potash miner lead 6 IPO holiday week
Six IPOs and one SPAC listed this week. One IPO and two SPACs submitted initial filings. China-based robotaxi developer Pony AI (PONY) priced its upsized $260 million IPO at the top of the range, at a $5.1 billion market cap. Through partnerships with...read more
Music venue and restaurant operator Venu Holding prices upsized IPO at $10
Venu Holding, which owns and operates music venues and restaurants, raised $12 million by offering 1.2 million shares at $10, as expected. The company offered 0.2 million more shares than anticipated. Formerly known as Notes Live, the company currently...read more
US IPO Week Ahead: China-based robotaxi developer may debut in short Thanksgiving week
Two IPOs are currently scheduled in the week ahead. China-based robotaxi developer Pony AI (PONY) tentatively plans to raise $240 million at a $4.7 billion market cap in the week ahead. Through partnerships with leading OEMs, Pony AI aims to mass produce...read more