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US IPO Weekly Recap: Athene raises over $1 billion in year's 3rd-largest IPO

ATH

Four US IPOs raised $1.2 billion this past week, driven by the year's third-largest IPO, Athene Holding. The door has now closed for new 2016 IPO launches, and the year's final week of offerings is upon us. Volatility hit a 90-day low while markets continued to notch all-time highs: The...read more

DC has a new superhero Polar Power prices upsized $17 million IPO at $7 low end

POLA

Polar Power, which manufactures DC power generators for off-grid commercial applications, raised $16.8 million by offering 2.4 million shares at $7, the low end of the range of $7 to $8. At this price it commands a market cap of $68 million. It originally filed to raise $15 million by offering 2 million shares; at the $7.50 midpoint it was targeting a market cap of $70 million....read more

US IPO Week Ahead: Several deals lined up to price before year-end

With the final month of 2016 underway, a few more companies are set to join the IPO class of 2016 next week, closing in on 100 offerings this year. Among them: both fixed annuities-provider Athene and semiconductor capital equipment supplier Ichor. ...read more

Cash generator: Polar Power sets terms for $15 million IPO

POLA

Polar Power, which manufactures DC power generators for off-grid commercial applications, announced terms for its IPO on Friday. The Gardena, CA-based company plans to raise $15 million by offering 2.0 million shares at a price range of $7 to $8. At the midpoint of the proposed range, Polar Power would command a market value of $70 million. Polar Power was founded in 1979...read more