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MYTE News

US IPO Week Ahead: The IPO market takes a breather in a 1 IPO week

AFCG

After a busy start to 2021, the IPO market quiets down with only one IPO scheduled for the short holiday week. With a massive backlog of blank check companies on file, it’s safe to say that a number of SPACs will also launch and price. Cannabis finance REIT AFC Gamma (AFCG) plans to raise $119 million at a $240 million market cap. This newly-formed...read more

Luxury online retailer MYT Netherlands (Mytheresa) prices US IPO at $26, high end of the raised range

MYTE

MYT Netherlands, a global luxury fashion e-commerce platform, raised $407 million by offering 15.6 million ADSs (87% primary) at $26, the high end of the upwardly-revised range of $24 to $26. The company had originally filed to offer the same number of ADSs (100% primary) at a range of $16 to $18, before raising the range and adding insider selling on Tuesday. As of Wednesday...read more

Luxury fashion site Mytheresa Group raises range to $24 to $26, adds insider selling ahead of $391 million IPO

MYTE

MYT Netherlands, a global luxury fashion e-commerce platform, raised the range for its upcoming IPO on Tuesday. The Munich, Germany-based company now plans to raise $391 million by offering 15.6 million ADSs (87% primary) at a price range of $24 to $26. The company had previously filed to offer 15.6 million ADSs (100% primary) at a range of $16 to $18. At the midpoint of the...read more

US IPO Week Ahead: Foreign issuers dominate a 4 IPO week

RLX

Four IPOs are scheduled to raise $1.8 billion in the shortened holiday week, featuring a diverse group of foreign issuers.   China’s leading e-cigarette brand RLX Technology (RLX) plans to raise $1.0 billion at a $14.0 billion market cap. RLX Technology sells e-cigarettes and related accessories through over 100,000 retail outlets throughout China....read more