LABP News

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

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

Landos Biopharma, a Phase 2 biotech developing oral small molecule therapies for autoimmune diseases, raised $100 million by offering 6.3 million shares at $16, within the range of $15 to $17. At pricing, the company commands a fully diluted market value of $650 million. The company leverages its proprietary AI-based precision medicine LANCE platform to identify novel...read more

16 IPOs are set to make this the busiest week for the US IPO market since December 2006. Driven by faster IPO timelines and momentum from last year, 2021 is positioning itself to be a banner year for the IPO market, and this latest milestone joins a growing list. Already, the US IPO market has had its busiest January and the most billion-dollar IPOs in a single month ever....read more