VTEX News

IPO activity continued at a record pace this past week with 19 IPOs, marking the fourth week in 2021 with at least 17 US IPOs, the most since the year 2000. With the August lull around the corner, the pipeline saw less activity than usual; five IPOs and 13 SPACs submitted initial filings. Protein therapy platform Absci (ABSI) priced at the midpoint to raise...read more

VTEX, which provides enterprise software used to build online stores in Latin America, raised $361 million by offering 19 million shares (27% secondary) at $19, above the range of $15 to $17. Insider Tiger Global Management had indicated on $50 million worth of shares in the offering. VTEX operates a business-to-consumer e-commerce platform to enterprise customers that natively...read more

Updated Monday, 7/19. The IPO market’s breakneck pace is expected to continue in the week ahead, with a whopping 19 IPOs slated to raise $5.2 billion. The largest deal of the week, specialty insurance brokerage Ryan Specialty Group (RYAN) plans to raise $1.3 billion at a $6.1 billion market cap. The company assists in the placement of hard...read more

VTEX, an online enterprise e-commerce platform primarily in Latin America, announced terms for its IPO on Monday. The London, United Kingdom-based company plans to raise $304 million by offering 19 million shares (27% secondary) at a price range of $15 to $17. Insider Tiger Global Management intends to purchase $50 million worth of shares in the offering (16% of the deal). At...read more