Four IPOs and six SPACs debuted this week. Eight IPOs and four SPACs submitted filings. Digital investing platform Wealthfront (WLTH) priced at the top of the range to raise $485 million at a $2.6 billion market cap. Known as a “robo-advisor,”...read more
Wealthfront, which operates an automated investing platform, raised $485 million by offering 34.6 million shares (38% secondary) at $14, the high end of the range of $12 to $14. Cornerstone investors BlackRock and Wellington had indicated on $150 million of the ...read more
The 2025 IPO window is quickly narrowing, with just two weeks left in the year's typical IPO calendar. Three sizable offerings are scheduled for the week ahead, featuring fintech, healthcare, and infrastructure. With markets recovering from a recent sell-off in ...read more
Wealthfront, which operates an automated investing platform, announced terms for its IPO on Tuesday. The Palo Alto, CA-based company plans to raise $450 million by offering 34.6 million shares (38% secondary) at a price range of $12 to $14. Cornerstone...read more
US IPO Weekly Recap: Wealthfront leads 4 IPO week, while United Rentals challenger submits filings
Four IPOs and six SPACs debuted this week. Eight IPOs and four SPACs submitted filings. Digital investing platform Wealthfront (WLTH) priced at the top of the range to raise $485 million at a $2.6 billion market cap. Known as a “robo-advisor,”...read more
Investing robo-advisor Wealthfront prices IPO at $14, the high end of the range
Wealthfront, which operates an automated investing platform, raised $485 million by offering 34.6 million shares (38% secondary) at $14, the high end of the range of $12 to $14. Cornerstone investors BlackRock and Wellington had indicated on $150 million of the ...read more
US IPO Week Ahead: Final IPO window of 2025 starts with 3 listings including Wealthfront
The 2025 IPO window is quickly narrowing, with just two weeks left in the year's typical IPO calendar. Three sizable offerings are scheduled for the week ahead, featuring fintech, healthcare, and infrastructure. With markets recovering from a recent sell-off in ...read more
Investing robo-advisor Wealthfront sets terms for $450 million IPO
Wealthfront, which operates an automated investing platform, announced terms for its IPO on Tuesday. The Palo Alto, CA-based company plans to raise $450 million by offering 34.6 million shares (38% secondary) at a price range of $12 to $14. Cornerstone...read more