HYLT News

Hylete, which designs and sells fitness apparel online, withdrew its plans for an initial public offering on Thursday. It had filed to raise $15 million by offering 1.7 million shares at a price range of $8 to $10. The Solana Beach, CA-based company was founded in 2012 and booked $12 million in sales for the 12 months ended June 30, 2019. It had planned to list on the NYSE...read more

Up to eight companies are set to raise $831 million in the week ahead. Florida insurance brokerage BRP Group (BRP) is the largest by deal size, while employee benefits provider Progyny (PGNY) and Chinese education company Youdao (DAO) target billion-dollar valuations. Additionally, post-IPO Street research for...read more

After disappointing debuts from tech unicorns and biotechs, a highly profitable billion-dollar consumer staples company is set to lead up to four IPOs raising $660 million in the week ahead. Post spinoff BellRing Brands (BRBR) is on track to be the largest deal of the week with plans to raise $525 million at a $2.2 billion market cap ($3.0 billion enterprise...read more

Hylete, an online retailer that provides fitness apparel and gear, filed on Tuesday with the SEC to raise up to $18 million in an initial public offering. The Solana Beach, CA-based company was founded in 2012 and booked $12 million in sales for the 12 months ended March 31, 2019. It plans to list on the NYSE American under the symbol HYLT. Hylete filed confidentially on...read more