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US IPO Weekly Recap: Portillo’s gains 87% in an 11 IPO week

PTLO

The fall IPO market kept a brisk pace this past week with 11 IPOs, led by restaurant chain Portillo’s (PTLO). SPACs also stayed active, with 18 blank check IPOs. There was one postponement: winery Winc (WBEV). New filers continue to flood the pipeline, with 14 IPOs and X SPACs submitting initial filings. Portillo’s (PTLO) priced...read more

Female cancer biotech Context Therapeutics prices IPO at $5, below the original range

CNTX

Context Therapeutics, a Phase 2 biotech developing therapeutics for female cancers, raised $25 million in its IPO by offering 5.0 million shares at $5, as expected. The company originally filed to raise $20 million by offering 1.5 million shares at a range of $12 to $14, before slashing the proposed price and increasing the share offering on Monday.  Context Therapeutics is...read more

Female cancer biotech Context Therapeutics ups share offering, lowers proposed price ahead of $25 million IPO

CNTX

Context Therapeutics, a Phase 2 biotech developing therapeutics for female cancers, raised the proposed deal size for its upcoming IPO on Monday. The Philadelphia, PA-based company now plans to raise $25 million by offering 5 million shares at $5. The company had previously filed to offer 1.5 million shares at a range of $12 to $14. Insiders intend to purchase $1 million worth...read more

US IPO Week Ahead: Weber hopes for a well-done debut in an 11 IPO week

WEBR

Updated Monday, 8/2. Following another record week for activity, the IPO market is cooling down heading in to August with 11 IPOs scheduled for the week ahead.   Outdoor grilling brand Weber (WEBR) plans to raise $750 million at a $4.7 billion market cap. The company manufactures and sells charcoal grills, gas grills, smokers, pellet &...read more