BRLT News

It was another busy week for the fall IPO market as 13 IPOs raised $4.6 billion led by restaurant payment processor Toast (TOST), which jumped 56% in its debut. Six SPACs also went public, and one IPO postponed: Canadian consumer products company Knowlton Development (KDC). The pipeline was fairly active, with seven IPOs and five SPACs...read more

Brilliant Earth Group, a digital-first retailer of ethically sourced fine jewelry, raised $100 million by offering 8.3 million shares at $12, below the range of $14 to $16. The company offered 8.3 million fewer shares than anticipated. Brilliant Earth states that it is a digital-first jewelry company and a global leader in ethically sourced fine jewelry. The company offers a...read more

Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more. The largest deal of the week, Freshworks (FRSH) plans to raise $855 million at a $9.6 billion market cap. The company’s core product is its customer...read more

Brilliant Earth Group, a digital-first retailer of ethically sourced fine jewelry, announced terms for its IPO on Tuesday. The San Francisco, CA-based company plans to raise $250 million by offering 16.7 million shares at a price range of $14 to $16. At the midpoint of the proposed range, Brilliant Earth Group would command a fully diluted market value of $1.4 billion. Brilliant...read more