INNV News

Activity in the IPO market started to pick up this past week, with two IPOs raising $1.8 billion. Blank checks kept up their neck-breaking pace, with 39 SPACs raising $11.1 billion. New filers continued to build out the IPO pipeline, with 15 IPOs and 38 SPACs submitting initial filings. Health insurer Oscar Health (OSCR) raised $1.4 billion at a $9.5 billion...read more

InnovAge Holding, which provides value-based care to high-cost dual-eligible seniors through PACE, raised $350 million by offering 16.7 million shares at $21, the high end of the upwardly revised range of $20 to $21. The company originally planned to offer its shares at $17 to $19, before raising the range on Wednesday. InnovAge Holding plans to list on the Nasdaq under the...read more

InnovAge Holding, which provides value-based care to high-cost dual-eligible seniors through PACE, raised the proposed deal size for its upcoming IPO on Wednesday. The Denver, CO-based company now plans to raise $342 million by offering 16.7 million shares at a price range of $20 to $21. The company had previously filed to offer the same number of shares at a range of $17 to...read more

Two IPOs are scheduled to raise $1.3 billion in the week ahead.   While the IPO calendar is relatively quiet at the moment, several issuers could launch, including pool equipment supplier Hayward Holdings (HAYW) and crafts-focused companies Cricut (CRCT) and JOANN (JOAN). Online health insurer ...read more