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US IPO Weekly Recap: Postponements abound in a turbulent 5 IPO week

ZENV

The IPO market had a tumultuous week with five IPOs and three postponements: Brazilian customer service platform Zenvia (ZENV), mortgage insurance spinoff Enact Holdings (ACT), and hearing care services provider hear.com (HCG). SPAC activity remained steady, with two blank check IPOs raising $430 million. New filers continued...read more

Israeli web analytics provider Similarweb prices US IPO at $22, above the range

SMWB

Similarweb, which provides a freemium platform for website traffic analytics, raised $176 million by offering 8 million shares (6% secondary) at $22, above the range of $19 to $21. Existing shareholder ION Crossover Partners had indicated on $30 million worth of shares. At pricing, the company commands a fully diluted market value of $1.9 billion. Similarweb plans to list on...read more

US IPO Week Ahead: Mortgage insurance and cross-border e-commerce lead an 8 IPO week

ACT

Updated Monday, 5/10. Eight IPOs are slated to raise $1.6 billion in the week ahead, led by private mortgage insurance company Enact Holdings (ACT). The largest deal of the week, Enact Holdings (ACT) plans to raise $497 million at a $3.6 billion market cap. Being spun out of Genworth Financial, Enact is a leading private...read more

Israeli web analytics provider Similarweb sets terms for $160 million US IPO

SMWB

Similarweb, which provides a freemium platform for website traffic analytics, announced terms for its IPO on Monday. The Tel Aviv, Israel-based company plans to raise $160 million by offering 8 million shares (6% insider) at a price range of $19 to $21. Existing shareholder ION Crossover Partners intends to purchase up to $30 million worth of shares in the offering. At the...read more