BWMN News

Eight IPOs and four SPACs went public this past week. One IPO postponed, UK-based biotech Gyroscope Therapeutics (VISN), citing market conditions. Filing activity maintained a comfortable pace/remained moderate, with seven IPOs and 10 SPACs submitting initial filings. The week’s best performer, Sacramento bank Five Star Bancorp (FSBC)...read more

Bowman Consulting Group, which provides engineering-focused professional services, raised $52 million by offering 3.7 million shares at $14, the high end of the range of $12 to $14. The company offered 0.6 million more shares than anticipated. At pricing, Bowman commands a fully diluted market value of $153 million. Bowman provides planning, engineering, construction management...read more

Updated Monday, 5/3. 10 IPOs are expected to raise a total of $1.4 billion in the first week of May. The lineup is led by Jessica Alba’s highly-anticipated lifestyle brand, The Honest Company (HNST). The largest deal of the week, non-toxic lifestyle brand The Honest Company (HNST) plans to raise $400 million at a $1.6...read more

Bowman Consulting Group, which provides engineering-focused professional services, announced terms for its IPO on Wednesday. The Reston, VA-based company plans to raise $40 million by offering 3.1 million shares at a price range of $12 to $14. At the midpoint of the proposed range, Bowman Consulting Group would command a fully diluted market value of $134 million. Bowman...read more