November’s IPO market struggled to take off amid a US government shutdown at the start of the month and a slump in tech stocks. Even still, eleven new listings managed to raise a combined $2.3 billion, below the month’s historical 10-year average...read more
Two IPOs and one SPAC debuted this week. Four IPOs and seven SPACs submitted initial filings. Missouri-based bank Central Company (CBC) priced its Nasdaq uplisting at the low end of the range to raise $373 million at a $5.0 billion market cap. Central is a...read more
Central Bancompany, a Missouri-based bank with 156 locations across five states, raised $373 million by offering 17.8 million shares at $21, the low end of the range of $21 to $24. At pricing, the company commands a market cap of $5.0 billion. The company had...read more
Now that the longest government shutdown in history has concluded, the SEC is poised to resume regular operations. Three deals are on the calendar for the week ahead. OTC-listed bank Central Bancompany (CBC) plans to raise $400 million at a $5.4 billion...read more
Renaissance Capital's November IPO Market Update
November’s IPO market struggled to take off amid a US government shutdown at the start of the month and a slump in tech stocks. Even still, eleven new listings managed to raise a combined $2.3 billion, below the month’s historical 10-year average...read more
US IPO Weekly Recap: 2 IPOs come to market, pipeline grows ahead of Thanksgiving holiday week
Two IPOs and one SPAC debuted this week. Four IPOs and seven SPACs submitted initial filings. Missouri-based bank Central Company (CBC) priced its Nasdaq uplisting at the low end of the range to raise $373 million at a $5.0 billion market cap. Central is a...read more
Missouri-based bank Central Bancompany prices Nasdaq uplisting at $21, the low end of the range
Central Bancompany, a Missouri-based bank with 156 locations across five states, raised $373 million by offering 17.8 million shares at $21, the low end of the range of $21 to $24. At pricing, the company commands a market cap of $5.0 billion. The company had...read more
US IPO Week Ahead: Missouri bank and Christian tech platform lead first week post-shutdown
Now that the longest government shutdown in history has concluded, the SEC is poised to resume regular operations. Three deals are on the calendar for the week ahead. OTC-listed bank Central Bancompany (CBC) plans to raise $400 million at a $5.4 billion...read more