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Preston Hollow Community Capital abandons $200 million IPO

PHCC

Preston Hollow Community Capital, which provides specialized financing for social and economic projects, saw its IPO registration statement declared abandoned by the SEC in a new filing. It had last filed in July 2021 to raise $200 million by offering 10.5 million shares at a price range of $18 to $20, but postponed the offering. The Dallas, TX-based company was founded in 2014 and...read more

US IPO Weekly Recap: Biotechs pop and Robinhood flops in a record 20 IPO week

ICVX

The 2021 US IPO market continues to break records. 20 IPOs went public this past week, the most in a single week since the year 2000. New filers have slowed ahead of the August lull, with just one IPO submitting an initial filing. Three issuers postponed, citing either volatility or market conditions: vehicle battery maker Clarios International (BTRY), specialty...read more

Specialty funding solutions provider Preston Hollow Community Capital postpones $200 million IPO

PHCC

Preston Hollow Community Capital, which provides specialized financing for social and economic projects, postponed its IPO on Thursday. It had filed to raise $200 million by offering 10.5 million shares at a price range of $18 to $20. Preston Hollow Community Capital is a market leader in providing specialized impact financing solutions for projects of significant social and...read more

US IPO Week Ahead: Robinhood’s billion-dollar deal headlines a 25 IPO week

HOOD

Updated Monday, 7/26. After another week of record activity, the IPO market is expected to remain hot with 25 IPOs scheduled for the week ahead. If all scheduled IPOs begin trading as expected, it would be the busiest week for the US IPO market in more than two decades. Long-awaited retail brokerage Robinhood Markets (HOOD) plans to raise $2.2...read more