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IPO Index caps off a red January with its best day since 2020


After a challenging several months, the Renaissance IPO Index gained 7.8% on Monday, capping off a tumultuous January with its best performing day since March 2020. The Renaissance IPO Index (IPOUSA) is a basket of the largest and most liquid IPOs over the past three years tracked by the IPO ETF (NYSE: IPO). It currently contains 107 constituents that span eight sectors, and more

US IPO Week Ahead: A flurry of launches forecasted to kick off December IPO blitz


Updated Monday, 11/30. Five IPOs and two SPACs are scheduled for the week ahead, with a wave of Monday morning launches kicking off the December IPO blitz as expected. Chinese education technology group 17 Education & Technology Group (YQ) plans to raise $288 million at a $2.2 billion market cap. The company's smart in-school more

US IPO Week Ahead: Dun & Bradstreet returns to public market in shortened 4 IPO week


Four IPOs are expected to raise $2 billion before the Fourth of July, led by commercial data analytics provider Dun & Bradstreet (DNB). Dun & Bradstreet (DNB) plans to raise $1.3 billion at a market cap of $8 billion. The company was taken private for $6.9 billion including debt in February 2019 by an investor consortium led by Cannae Holdings, more

Dada Nexus prices upsized IPO at $16, within the range


Dada Nexus, a leading on-demand retail and delivery platform in China, raised $320 million by offering 20 million ADSs at $16, within the range of $15 to $17. The company had originally planned to sell 16 million ADSs. Dada Nexus plans to list on the Nasdaq under the symbol DADA. Goldman Sachs, BofA Securities and Jefferies acted as lead managers on the deal. more