Cariloha, a bamboo-based bedding, clothing, and bath goods brand, withdrew its plans for an initial public offering on Friday. It had filed in January 2022 and most recently planned to raise $20 million by offering 2 million shares at a price range of $9 to $11....read more
The IPO market has hit its February lull. Just two micro-cap holdovers are scheduled to price in the week ahead, though some small issuers and SPACs may join the calendar during the week. Preclinical biotech Ocean Biomedical (OCEA) plans to raise $22 million ...read more
Cariloha, a bamboo-based bedding, clothing, and bath goods brand, lowered the proposed deal size for its upcoming IPO on Friday. The Sandy, UT-based company now plans to raise $20 million by offering 2 million shares at a price range of $9 to $11. The company...read more
After another volatile week for the IPO market, up to eight deals may price in the week ahead, all raising $30 million or less. It's unlikely that all eight will be completed, given the current market conditions and the fact that a number of IPOs are marked as...read more
Sustainable bedding and clothing brand Cariloha withdraws $20 million IPO
Cariloha, a bamboo-based bedding, clothing, and bath goods brand, withdrew its plans for an initial public offering on Friday. It had filed in January 2022 and most recently planned to raise $20 million by offering 2 million shares at a price range of $9 to $11....read more
US IPO Week Ahead: More micro-caps amid the IPO market’s February lull
The IPO market has hit its February lull. Just two micro-cap holdovers are scheduled to price in the week ahead, though some small issuers and SPACs may join the calendar during the week. Preclinical biotech Ocean Biomedical (OCEA) plans to raise $22 million ...read more
Sustainable bedding and clothing brand Cariloha cuts deal size by 33% ahead of $20 million IPO
Cariloha, a bamboo-based bedding, clothing, and bath goods brand, lowered the proposed deal size for its upcoming IPO on Friday. The Sandy, UT-based company now plans to raise $20 million by offering 2 million shares at a price range of $9 to $11. The company...read more
US IPO Week Ahead: Digital media, bamboo bedding, and more in a week of micro-caps
After another volatile week for the IPO market, up to eight deals may price in the week ahead, all raising $30 million or less. It's unlikely that all eight will be completed, given the current market conditions and the fact that a number of IPOs are marked as...read more