Renaissance Capital logo

HOOK News

US IPO Weekly Recap: All IPOs up or flat in an 8-IPO week led by Pinterest and Zoom

ZM

Despite losing a day, this has been the busiest week of the year for IPOs with 8 IPOs raising $8.9 billion led by  Zoom Video (ZM), which popped 72% on its first day of trading after raising $751 million in an IPO that priced above its upwardly revised range. Zoom's first day performance marks the biggest first day return for a decacorn since 2013.  ...read more

Immuno-oncology biotech Hookipa Pharma prices downsized IPO at $14 low end

HOOK

Hookipa Pharma, a Phase 2 biotech developing T cell immunotherapies for cancer and infectious diseases, raised $84 million by offering 6 million shares at $14, the low end of the range of $14 to $16. It had previously filed to offer 6.7 million shares at the same range. Hookipa Pharma plans to list on the Nasdaq under the symbol HOOK. BofA Merrill Lynch, SVB Leerink and RBC...read more

US IPO Week Ahead: Pinterest and Zoom headline year's busiest week with 8 IPOs

PINS

A whopping eight IPOs plan to raise $2.5 billion ahead of the Easter holiday weekend, the busiest week of the 2019 IPO market. Year-to-date, 26 IPOs have raised $6.6 billion. While April won't have much pricing activity after this week, May already looks busy, with 12 new filings this past week, including Uber (UBER). Aside from this week's headliner tech...read more

Immuno-oncology biotech Hookipa Pharma sets terms for $100 million IPO

HOOK

Hookipa Pharma, a Phase 2 biotech developing T cell immunotherapies for various cancers, announced terms for its IPO on Monday. The New York, NY-based company plans to raise $100 million by offering 6.7 million shares at a price range of $14 to $16. Insiders intend to purchase $40 million worth of shares in the offering (40% of the deal). At the midpoint of the proposed range,...read more