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US IPO Weekly Recap: The IPO market heats up in an 11 IPO week

TUYA

The IPO market stayed busy this past week, with 11 IPOs raising $3.0 billion. The week’s IPOs were joined by 24 SPACs that raised $8.4 billion. New filers continued to fill the IPO pipeline, with 8 IPOs and 46 SPACs submitting initial filings. Chinese IoT platform developer Tuya (TUYA) priced above the range to raise $915 million at an $11.8 billion...read more

KKR Acquisition Holdings I, a SPAC led by former Gap CEO Glenn Murphy, prices upsized $1.2 billion IPO

KAHC.U

KKR Acquisition Holdings I, a blank check company formed by KKR and former Gap CEO Glenn Murphy targeting the consumer sector, raised $1.2 billion by offering 120 million units at $10. The company offered 20 million more units than anticipated. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. The company is led by ...read more

US IPO Weekly Recap: Biotechs flood the IPO market in a 14 IPO week

TIXT

The IPO market had its busiest week yet this year with 14 IPOs raising $3.9 billion and 27 SPACs raising $9.2 billion. The IPO pipeline remained active as well, with 3 IPOs and 38 SPACs submitting initial filings. TELUS International (TIXT) upsized and priced at the high end to raise $925 million at a $6.6 billion market cap. The company provides outsourced...read more

SPAC KKR Acquisition Holdings I, led by former Gap CEO Glenn Murphy, files for a $1 billion IPO

KAHC.U

KKR Acquisition Holdings I, a blank check company formed by KKR and former Gap CEO Glenn Murphy targeting the consumer sector, filed on Thursday with the SEC to raise up to $1.0 billion in an initial public offering. The New York, NY-based company plans to raise $1.0 billion by offering 100 million units at $10. Each unit consists of one share of common stock and one-third of a...read more

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