AZEK News

Eight IPOs and one SPAC entered the public markets this past week led by Vroom (VRM), which popped 118% in the best first day for a tech IPO since 2018. Three health care IPOs finished the week up more than 40%. Every IPO this...read more

The AZEK Company, which manufactures composite decking materials and other building products, raised $765 million by offering 33.3 million shares at $23, above the range of $19 to $21. The company sold 2.0 million shares more than anticipated. At pricing, AZEK commands a fully diluted market value of $3.4 billion. The AZEK Company plans to list on the NYSE under the symbol...read more

The AZEK Company, which manufactures composite residential and commercial building products, announced terms for its IPO on Monday. The Chicago, IL-based company plans to raise $625 million by offering 31.3 million shares at a price range of $19 to $21. At the midpoint of the proposed range, The AZEK Company would command a fully diluted market value of $2.8 billion.  ...read more

Updated Monday, 6/8. Following the busiest week yet for the 2020 IPO market, another eight IPOs and one SPAC plan to raise $2 billion in the week ahead, led by building products maker AZEK (AZEK) online auto marketplace Vroom (VRM). In the largest deal of the week, AZEK (AZEK) plans to raise $625...read more