SEGR News

Southeastern Grocers, a Florida-based supermarket chain operating under Winn-Dixie and other banners, withdrew its plans for an initial public offering on Friday. It had filed to raise $134 million by offering 8.9 million shares (100% secondary) at a price range of $14 to $16, but postponed ahead of pricing in January. The Jacksonville, FL-based company was founded in 1924 and...read more

The first month of 2021 closed out with eight IPOs, 24 SPACs, and one postponement. Three issuers raised more than $1 billion, bringing the count of billion-dollar US IPOs in January to six, the most in a single month ever. Just one IPO submitted an initial filing ahead of the February lull, but SPACs kept the pipeline active with 27 new filings. Oaktree-backed ...read more

Southeastern Grocers, a Florida-based supermarket chain operating under Winn-Dixie and other banners, postponed its IPO on Friday. It had filed to raise $134 million by offering 8.9 million shares (100% secondary) at a price range of $14 to $16. The Jacksonville, FL-based company was founded in 1924 and booked $9.3 billion in sales for the 12 months ended September 30, 2020. It...read more

The US IPO market is expected to remain active in the week ahead with eight IPOs slated to raise $4.6 billion. The diverse group features three billion-dollar deals, with issuers from diagnostics, software, solar equipment, and more. Carlyle-backed Ortho Clinical Diagnostics (OCDX) plans to raise $1.5 billion at a $4.9 billion market cap. The company is a...read more