The FTSE Renaissance US IPO Index (IPOS) is coming off its second best monthly performance since April 2009, generating a 10.1% return in January. The US IPO Index strongly outperformed both the S&P 500 (+4.4%) and the Russell 3000 (+5.0%) and recorded its...read more
RDA Microelectronics, a rapidly growing, China-focused designer of RF and mixed-signal chips for mobile handsets, raised $68 million by selling 7.5 million ADSs at $9, slightly below the midpoint of its proposed range of $8.50 to $10.50. The Shanghai,...read more
NXP Semiconductors, a diversified global semiconductor company and former carve-out of Philips, will see its quiet period end on Tuesday, September 14. On August 5, the company raised $476 million by offering 34 million shares at $14, below the range of...read more
A total of seven companies came to market this week, the highest weekly number in roughly three months. However, all seven deals priced below the midpoints of their proposed ranges and trading was lackluster, indicating the IPO market remains shaky after...read more
US IPO Index concludes January, second best month since 2009
The FTSE Renaissance US IPO Index (IPOS) is coming off its second best monthly performance since April 2009, generating a 10.1% return in January. The US IPO Index strongly outperformed both the S&P 500 (+4.4%) and the Russell 3000 (+5.0%) and recorded its...read more
RDA Microelectronics prices IPO within the range at $9 per ADS
RDA Microelectronics, a rapidly growing, China-focused designer of RF and mixed-signal chips for mobile handsets, raised $68 million by selling 7.5 million ADSs at $9, slightly below the midpoint of its proposed range of $8.50 to $10.50. The Shanghai,...read more
NXP Semiconductors quiet period ends September 14
NXP Semiconductors, a diversified global semiconductor company and former carve-out of Philips, will see its quiet period end on Tuesday, September 14. On August 5, the company raised $476 million by offering 34 million shares at $14, below the range of...read more
Seven companies complete IPOs this week; face pricing pressure
A total of seven companies came to market this week, the highest weekly number in roughly three months. However, all seven deals priced below the midpoints of their proposed ranges and trading was lackluster, indicating the IPO market remains shaky after...read more