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The erosion of the IPO lock-up

CPNG

2021 went down as a historic year for the IPO market, with both activity and proceeds reaching record levels. A lesser-known record: the explosion of early lock-up provisions. In effect, IPO insiders are now able to cash out earlier than ever. Key takeaways

  • Once rare, early lock-up provisions exploded in 2021
  • Tech IPOs account for most early...read more

Updated: Renaissance Capital's 1Q 2021 US IPO Market Review

CPNG

Explosive IPO Market Delivers the Busiest Quarter Since 2000 The US IPO market produced its busiest quarter in over two decades, with 100 IPOs raising $39.2 billion. Fueled by momentum from 2020, the combination of high volume and large offerings resulted in the biggest first quarter by proceeds ever. Healthcare...read more

US IPO Week Ahead: Health insurer Oscar Health leads a 2 IPO week

HAYW

Two IPOs are scheduled to raise $1.3 billion in the week ahead.   While the IPO calendar is relatively quiet at the moment, several issuers could launch, including pool equipment supplier Hayward Holdings (HAYW) and crafts-focused companies Cricut (CRCT) and JOANN (JOAN). Online health insurer ...read more

US IPO Weekly Recap: Playtika and Affirm’s billion-dollar deals headline an 8 IPO week

PLTK

In another busy week for the IPO market, eight IPOs and 24 SPACs went public, headlined by two billion-dollar deals. Activity shows no sign of letting up as 18 IPOs and 23 SPACs submitted initial filings. Casino game developer Playtika Holding (PLTK) priced above the range to raise $1.9 billion at an $11.4 billion market cap. The company is a leading...read more