SHC News

Updated Monday, 12/14. Six IPOs and five SPACs are scheduled to raise $2.8 billion in the week ahead as the IPO market starts to slow down before the holidays. Bargain e-commerce platform Wish (WISH) plans to raise $1.1 billion at a $16.4 billion market cap. The company provides an e-commerce platform that connects primarily China-based...read more

In a scramble to go public ahead of the holiday, six IPOs and 15 SPACs went public this past week led by breast cancer biotech Olema Pharmaceuticals (OLMA), which soared 158% on its first day. New filings continued to pour in, priming the IPO pipeline for an active end to 2020. The week’s top performer, Phase 1 biotech ...read more

Sotera Health, which provides sterilization and lab testing and advisory services to the medical industry, raised $1.1 billion by offering 46.6 million shares at $23, the high end of the range of $20 to $23. Backed by Warburg Pincus and GTCR, Sotera sterilizes medical equipment and PPE, provides Cobalt-60 and gamma irradiators used in gamma sterilization, and supplies...read more

Updated Monday, 11/16. US IPO market activity is picking back up ahead of the Thanksgiving holiday, with seven IPOs scheduled to raise $3.6 billion in the week ahead.  Biotech research product provider Maravai LifeSciences (MRVI) plans to raise $1.3 billion at a $6.6 billion market cap. Maravai provides critical products to enable...read more