INST News

IPO activity continued at a record pace this past week with 19 IPOs, marking the fourth week in 2021 with at least 17 US IPOs, the most since the year 2000. With the August lull around the corner, the pipeline saw less activity than usual; five IPOs and 13 SPACs submitted initial filings. Protein therapy platform Absci (ABSI) priced at the midpoint to raise...read more

Instructure Holdings, which provides a learning management platform, raised $250 million by offering 12.5 million shares at $20, within the range of $19 to $21. Instructure states that it provides a next-generation Learning Management System (LMS), assessments for learning, actionable analytics, and dynamic content. The company's platform is cloud-native, built on open...read more

Updated Monday, 7/19. The IPO market’s breakneck pace is expected to continue in the week ahead, with a whopping 19 IPOs slated to raise $5.2 billion. The largest deal of the week, specialty insurance brokerage Ryan Specialty Group (RYAN) plans to raise $1.3 billion at a $6.1 billion market cap. The company assists in the placement of hard...read more

Instructure Holdings, which provides a learning management platform, announced terms for its IPO on Tuesday. The Salt Lake City, UT-based company plans to raise $250 million by offering 12.5 million shares at a price range of $19 to $21. At the midpoint of the proposed range, Instructure Holdings would command a fully diluted market value of $2.9 billion. Instructure states that...read more