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Renaissance Capital's 1Q19 US IPO Market Review

LYFT

Quiet First Quarter Ends with a Lyft During the quarter, only 18 IPOs priced, raising $4.7 billion, the slowest quarter by deal count in three years. The sharp December equity market decline and government shutdown contributed to a very slow January when only one IPO priced. IPO activity picked up in late February and continued in March, culminating in the long...read more

US IPO Weekly Recap: A pair of jeans and a decacorn

LEVI

After more than 30 years, iconic jeans brand Levi Strauss & Co.  (LEVI) returned the public market this week, along with UP Fintech Holding (TIGR) and another SPAC, Insurance Acquisition (ILSUU). Photo sharing platform Pinterest (PINS) filed for an IPO that we...read more

Levi Strauss prices IPO at $17, above the range

LEVI

Levi Strauss & Co., the world's largest denim apparel brand, raised $623 million by offering 36.7 million shares (74% insider) at $17, above the $14 to $16 range. At pricing, the company will command a fully diluted market value of $6.9 billion and an enterprise value of $7.5 billion. Levi Strauss & Co. plans to list on the NYSE under the symbol LEVI. Goldman Sachs, J.P....read more

US IPO Week Ahead: Blue jeans on the IPO runway

LEVI

More than 30 years after it was taken private, Levi Strauss & Co. (LEVI) is returning to the public markets in the week ahead. In total, four IPOs plan to raise about $1.4 billion in the IPO market - more than the year's 13 IPOs combined. Another blank check company could list this week as well. ...read more