EWCZ News

In the typically-slow month of August, nine IPOs raised $1.0 billion, joined by 31 SPACs. Only four of the nine offerings raised over $100 million. Activity was well below August 2020, which saw investors and bankers skip their vacations due to the pandemic. Five listings also postponed this past month amid poor IPO aftermarket returns and “IPO indigestion” after summer...read more

After a busy July, the IPO market began to pump the brakes this past week with four IPOs and four postponements. SPAC activity remained steady with seven blank check IPOs. New filers trickled into the IPO pipeline, with only one IPO and six SPACs submitting initial filings.     Four companies postponed: biopharmaceutical royalty company ...read more

European Wax Center, a franchised chain of hair removal salons, raised $180 million by offering 10.6 million shares (15% secondary) at $17, within the range of $15 to $18. European Wax Center states that it is the largest and fastest-growing franchisor and operator of out-of-home waxing services in the US by number of centers and system-wide sales. The company delivered over...read more

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