BWAY News

Despite losing a day, this has been the busiest week of the year for IPOs with 8 IPOs raising $8.9 billion led by  Zoom Video (ZM), which popped 72% on its first day of trading after raising $751 million in an IPO that priced above its upwardly revised range. Zoom's first day performance marks the biggest first day return for a decacorn since 2013.  ...read more

Brainsway, which sells medical devices that use magnetic stimulation to treat depression and OCD, raised $28 million by offering 2.5 million ADSs at $11. At $11, Brainsway commands a market cap of $119 million. The company had previously filed to raise $30 million by offering 2.5 million ADSs at $11.94. Brainsway plans to list on the Nasdaq under the symbol BWAY. Cantor...read more

A whopping eight IPOs plan to raise $2.5 billion ahead of the Easter holiday weekend, the busiest week of the 2019 IPO market. Year-to-date, 26 IPOs have raised $6.6 billion. While April won't have much pricing activity after this week, May already looks busy, with 12 new filings this past week, including Uber (UBER). Aside from this week's headliner tech...read more

Brainsway, which sells medical devices that use magnetic stimulation to treat depression and OCD, announced terms for its IPO on Wednesday. The Jerusalem, Israel-based company plans to raise $30 million by offering 2.5 million ADSs at a price of $11.94, the as-converted last close of its shares listed on the TASE ($5.97), at two shares per ADS. At $11.94, Brainsway would...read more