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US IPO Weekly Recap: Revolve tops a 2-IPO week with an 89% first day return

RVLV

Two companies joined the public markets this week raising a total of $420 million, led by Revolve Group (RVLV), which posted an 89% gain. Two SPACs also came public raising a combined $500 million. Revolve Group (RVLV), an online women's fashion retailer, raised $212 million by offering 11.8 million shares at $18, the high...read more

Online fashion retailer Revolve Group prices IPO at $18, the high end of the range

RVLV

Revolve Group, an online women's fashion retailer focused on millennial and Gen Z consumers, raised $212 million by offering 11.8 million shares at $18, the high end of the range of $16 to $18. Revolve Group plans to list on the NYSE under the symbol RVLV. Morgan Stanley, Credit Suisse, BofA Merrill Lynch, Barclays and Jefferies acted as lead managers on the deal....read more

US IPO Week Ahead: Millennial fashion seller Revolve set to #IPO

GSX

Two IPOs each plan to raise about $200 million in the coming week. One is a California-based online fashion retailer and the other is a China-based online tutoring provider. A blank check company is also on deck. Revolve Group (RVLV) plans to raise $200 million (75% insider) has scaled to a $500 million per year online fashion seller by targeting millennials...read more

Online fashion retailer Revolve Group sets terms for $200 million IPO

RVLV

Revolve Group, an online women's fashion retailer with over 500 brands, announced terms for its IPO on Tuesday. The Cerritos, CA-based company plans to raise $200 million by offering 11.8 million shares (75% insider) at a price range of $16 to $18. At the midpoint of the proposed range, Revolve Group would command a fully diluted market value of $1.2 billion. Revolve Group...read more