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US IPO Weekly Recap: Life sciences, software, and more ride the summer wave in a 19 IPO week

ABSI

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

Legal software provider CS Disco prices IPO at $32, above the upwardly revised range

LAW

CS Disco, which provides software for ediscovery, legal document review, and case management, raised $224 million by offering 7 million shares at $32, above the upwardly range of $30 to $31. The company originally planned to offer 7 million shares at $26 to $29, before raising the range on Monday. DISCO provides a cloud-native, artificial intelligence-powered legal solution that...read more

Legal software provider CS Disco raises range ahead of $214 million IPO

LAW

CS Disco, which provides software for ediscovery, legal document review, and case management, raised the range for its upcoming IPO on Monday. The Austin, TX-based company now plans to raise $214 million by offering 7 million shares at a price range of $30 to $31. The company had previously filed to offer 7 million shares at a range of $26 to $29. New investors BlackRock and...read more

US IPO Week Ahead: Software, soft drinks, specialty insurance, and more debut in a 19 IPO week

RYAN

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