ASO News

A total of 29 companies entered the public market this past week, the most ever in a single week. The week’s 11 IPOs were joined by 15 SPACs and three direct listings. Notable new IPO filings included TPG-backed antivirus provider McAfee (MCFE), Vista Equity’s IT software provider Datto (MSP), and three mortgage companies. ...read more

Academy Sports and Outdoors, a value-oriented sports and outdoor equipment retailer in the southern US, raised $203 million by offering 15.6 million shares at $13, well below the range of $15 to $17. At pricing, the company raised 19% less in proceeds than anticipated. Academy Sports and Outdoors plans to list on the Nasdaq under the symbol ASO. Credit Suisse, J.P. Morgan,...read more

Updated Monday, 9/28. 11 IPOs and two direct listings are scheduled to go public in the week ahead. The diverse group includes three foreign tech issuers, two biotechs, two US tech unicorns, a sporting goods retailer, an avocado supplier, a medical device maker, and a foreign education company. More SPACs will likely join the calendar as well. ...read more

Academy Sports and Outdoors, a US sports and outdoor equipment retailer, announced terms for its IPO on Wednesday. The Katy, TX-based company plans to raise $250 million by offering 15.6 million shares at a price range of $15 to $17. At the midpoint of the proposed range, Academy Sports and Outdoors would command a fully diluted market value of $1.5 billion. Academy Sports...read more