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Renaissance Capital's 2Q17 US IPO Market Review

APRN

The US IPO market's 2017 recovery gained momentum in the second quarter, with 52 IPOs raising $11 billion, a two-year high in terms of deal count and proceeds. Just halfway through the year, the 2017 IPO market has raised more capital than all of 2016. Sectors were broadly represented, with a large pickup in growth names in technology and health care, which accounted for 50% of IPOs...read more

US IPO Weekly Recap: Appian soars 43% in a week with 3 IPOs

APPN

Three IPOs raised $443 million this past week. IPO buyers showed price sensitivity on each deal, but were rewarded with positive returns. The two technology IPOs each popped over 20%, with fast-growing software provider Appian in the lead, while LBO'd cable company WideOpenWest broke on day one but recovered by Friday. ...read more

Appian prices IPO at $12 midpoint

APPN

Appian, which provides a low-code app development platform with a focus on business processes, raised $75 million by offering 6.3 million shares at $12, within the range of $11 to $13. Appian plans to list on the Nasdaq under the symbol APPN. Morgan Stanley, Goldman Sachs and Barclays acted as lead managers on the deal....read more

US IPO Week Ahead: Appian leads the way in a week with 3 IPOs

APPN

Three companies plan to raise about $550 million in the week ahead, including a fast-growing enterprise software provider, a large cable company and a Brazilian semiconductor manufacturer. After this week, May is set to have 17 IPOs total, above the prior year period (15) but below last month (20). June is typically a more active month for IPOs. However, new filing...read more