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BRVE News

Renaissance Capital’s August IPO Market Update

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Ten IPOs raised a combined $1.8 billion in August, joined by two direct listings. Activity slowed from July’s pace as the market entered its typical summer slowdown but was slightly above the month’s 10-year historical average (10 IPOs, $1.7B). Six...read more

IPO Winners & Losers: New Stocks Surge, Biotech Booms, and AI Rallies

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Welcome back to Renaissance Capital’s IPO Winners and Losers, the weekly podcast breaking down the biggest stories shaping the IPO market. Click here to get the newsletter in your inbox every week.

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US IPO Weekly Recap: August kicks off with flurry of biotech IPOs

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Six IPOs and five SPACs priced this week. Two IPOs and eight SPACs submitted filings. Cardiovascular disease biotech Braveheart Bio (BRVE) upsized and priced above the range, raising $383 million at a $1.6 billion market cap. Its lead candidate, BHB-1893, is ...read more

Cardiovascular diseases biotech Braveheart Bio prices upsized IPO at $18, above the range

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Braveheart Bio, a Phase 3-ready biotech developing oral small molecules for cardiovascular diseases, raised $383 million by offering 21.3 million shares at $18, above the $15 to $17 range. It had originally planned to offer 18.8 million shares. Fidelity had...read more