AKA News

It was another busy week for the fall IPO market as 13 IPOs raised $4.6 billion led by restaurant payment processor Toast (TOST), which jumped 56% in its debut. Six SPACs also went public, and one IPO postponed: Canadian consumer products company Knowlton Development (KDC). The pipeline was fairly active, with seven IPOs and five SPACs...read more

a.k.a. Brands Holding, which operates a portfolio of Millennial and Gen Z online fashion brands, raised $110 million by offering 10 million shares at $11, the low end of the downwardly revised range of $11 to $13. The company originally filed to offer 13.9 million shares at a range of $17 to $19, before lowering the proposed terms on Tuesday afternoon. a.k.a. Brands Holding plans...read more

a.k.a. Brands Holding, which operates a portfolio of Millennial and Gen Z online fashion brands, lowered the proposed deal size for its upcoming IPO on Tuesday. The San Francisco, CA-based company now plans to raise $120 million by offering 10 million shares at a price range of $11 to $13. The company had previously filed to offer 13.9 million shares at a range of $17 to $19. At...read more

Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more. The largest deal of the week, Freshworks (FRSH) plans to raise $855 million at a $9.6 billion market cap. The company’s core product is its customer...read more