Cardinal Infrastructure Group, which provides wet utility installations and other infrastructure services in North Carolina, announced terms for its IPO on Monday. The Raleigh, NC-based company plans to raise $242 million by offering 11.5 million shares (65%...read more
There is currently one small IPO currently scheduled in the week ahead, although some small deals may join the calendar at the last minute. New IPO filings could come online, as the SEC continues to work through a backlog of applications received during the...read more
The longest-ever US government shutdown is finally ending, meaning that the normal path to public markets is set to reopen. While we don’t expect a rush of IPOs due to a backlogged SEC, pressure on AI and other tech stocks, and the approaching holiday...read more
Construction services provider Cardinal Infrastructure sets terms for $242 million IPO
Cardinal Infrastructure Group, which provides wet utility installations and other infrastructure services in North Carolina, announced terms for its IPO on Monday. The Raleigh, NC-based company plans to raise $242 million by offering 11.5 million shares (65%...read more
US IPO Week Ahead: December to start on a quiet note, some notable deals may launch
No IPOs are currently scheduled to price in the week ahead. We expect the 2025 IPO calendar to start December on relatively quiet note, although a handful of issuers may still look to price before year end. Medical supplies giant Medline (MDLN) remains the...read more
US IPO Week Ahead: Quiet holiday week set to close out November
There is currently one small IPO currently scheduled in the week ahead, although some small deals may join the calendar at the last minute. New IPO filings could come online, as the SEC continues to work through a backlog of applications received during the...read more
The US government is finally reopening. Here are the IPOs we could see before the end of 2025.
The longest-ever US government shutdown is finally ending, meaning that the normal path to public markets is set to reopen. While we don’t expect a rush of IPOs due to a backlogged SEC, pressure on AI and other tech stocks, and the approaching holiday...read more