ONON News

IPO Market Posts Another Record Quarter in a Record Year In the third quarter of 2021, 94 IPOs raised $27.6 billion, marking the busiest 3Q by deal count since 2000. Following an explosive second quarter, activity remained brisk before tapering off in the typically-slow month of August, and coming back strong after...read more

The IPO market was full steam ahead this past week as 11 IPOs came to market. SPAC activity remained steady with seven blank check IPOs. New filers continue to pour into the IPO pipeline, with 15 IPOs and eight SPACs submitting initial filings. Tech consultancy Thoughtworks (TWKS) raised $774 million at a $7.0 billion market cap. This agile software developer...read more

On Holding, a Swiss running shoe and athletic apparel brand, raised $746 million by offering 31.1 million shares (18% secondary) at $24, above the upwardly revised range of $20 to $22. The company originally planned to offer 31.1 million shares at $18 to $20, before raising the range on Monday. On believes it is one of the fastest-growing scaled athletic sports companies in the...read more

On Holding, a Swiss running shoe and athletic apparel brand, raised the proposed deal size for its upcoming IPO on Monday. The Zürich, Switzerland-based company now plans to raise $653 million by offering 31.1 million shares (18% secondary) at a price range of $20 to $22. The company had previously filed to offer the same number of shares at a range of $18 to $20. At the...read more