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US IPO Weekly Recap: Biotechs pop and Robinhood flops in a record 20 IPO week

ICVX

The 2021 US IPO market continues to break records. 20 IPOs went public this past week, the most in a single week since the year 2000. New filers have slowed ahead of the August lull, with just one IPO submitting an initial filing. Three issuers postponed, citing either volatility or market conditions: vehicle battery maker Clarios International (BTRY), specialty...read more

Smart home supplier Snap One Holdings prices IPO at $18 low end

SNPO

Snap One Holdings, which provides a suite of smart home products to professional integrators, raised $249 million by offering 13.85 million shares at $18, the low end of the $18 to $21 range Snap One provides an end-to-end smart product ecosystem and workflow solutions to over 16,000 professional integrators to create connected homes and small businesses. The vertically-integrated...read more

US IPO Week Ahead: Robinhood’s billion-dollar deal headlines a 25 IPO week

HOOD

Updated Monday, 7/26. After another week of record activity, the IPO market is expected to remain hot with 25 IPOs scheduled for the week ahead. If all scheduled IPOs begin trading as expected, it would be the busiest week for the US IPO market in more than two decades. Long-awaited retail brokerage Robinhood Markets (HOOD) plans to raise $2.2...read more

Smart home integration company Snap One Holdings sets terms for $270 million IPO

SNPO

Snap One Holdings, which provides a suite of smart home technology products to professional integrators, announced terms for its IPO on Monday. The Charlotte, NC-based company plans to raise $270 million by offering 13.9 million shares at a price range of $18 to $21. At the midpoint of the proposed range, Snap One Holdings would command a fully diluted market value of $1.5 billion....read more