POSH News

Recent IPOs saw their valuations collapse in 2022, but as public investors sit on the sidelines, buyout firms and corporations are hunting for bargains amid the IPO wreckage. For companies that have gone public via IPO or SPAC merger since 2015, more than 40 have received, agreed to, or completed buyout offers since the start of 2022. Healthcare companies ...read more

In another busy week for the IPO market, eight IPOs and 24 SPACs went public, headlined by two billion-dollar deals. Activity shows no sign of letting up as 18 IPOs and 23 SPACs submitted initial filings. Casino game developer Playtika Holding (PLTK) priced above the range to raise $1.9 billion at an $11.4 billion market cap. The company is a leading...read more

Poshmark, a peer-to-peer fashion e-commerce site, raised $277 million by offering 6.6 million shares at $42, above the range of $35 to $39. At pricing, the company raised 14% more in proceeds than anticipated. The company operates a social marketplace that combines the human connection of a physical shopping experience with the scale, reach, ease, and selection benefits of...read more

Eight IPOs are scheduled to raise $4.3 billion in the week ahead, featuring the year’s first billion-dollar offering from mobile game developer Playtika (PLTK). Playtika Holding (PLTK) plans to raise $1.6 billion at a $9.7 billion market cap. The company is a leading developer of mostly casino-based mobile games, producing nine of the...read more