BASE News

IPO activity continued at a record pace this past week with 19 IPOs, marking the fourth week in 2021 with at least 17 US IPOs, the most since the year 2000. With the August lull around the corner, the pipeline saw less activity than usual; five IPOs and 13 SPACs submitted initial filings. Protein therapy platform Absci (ABSI) priced at the midpoint to raise...read more

Couchbase, which provides NoSQL database technology for application developers, raised $200 million by offering 8.3 million shares at $24, above the range of $20 to $23. The company originally planned to offer 7.0 million shares at the same range. At pricing, Couchbase commands a fully diluted market value of $1.2 billion. Couchbase plans to list on the Nasdaq under the symbol...read more

Updated Monday, 7/19. The IPO market’s breakneck pace is expected to continue in the week ahead, with a whopping 19 IPOs slated to raise $5.2 billion. The largest deal of the week, specialty insurance brokerage Ryan Specialty Group (RYAN) plans to raise $1.3 billion at a $6.1 billion market cap. The company assists in the placement of hard...read more

Couchbase, which provides NoSQL database technology for application developers, announced terms for its IPO on Monday. The Santa Clara, CA-based company plans to raise $151 million by offering 7 million shares at a price range of $20 to $23. At the midpoint of the proposed range, Couchbase would command a fully diluted market value of $992 million. Couchbase provides a...read more