TW News

Five IPOs raised $1.4 billion in the IPO market this past week. Silk Road Medical (SILK) took the top spot, spiking 81% on its first day. The company priced well above its range to raise $120 million, 60% more than anticipated. It follows in the footsteps of recent high-flying, high-growth medical device maker ShockWave Medical (SWAV). ...read more

Tradeweb Markets, an electronic trading platform backed by Blackstone and Thomson Reuters, raised $1.1 billion by offering 40 million shares at $27, above the range of $24 to $26. The company last filed to offer 36.3 million shares. Tradeweb Markets plans to list on the Nasdaq under the symbol TW. J.P. Morgan, Citi, Goldman Sachs, Morgan Stanley, BofA Merrill Lynch, Barclays,...read more

Quiet First Quarter Ends with a Lyft During the quarter, only 18 IPOs priced, raising $4.7 billion, the slowest quarter by deal count in three years. The sharp December equity market decline and government shutdown contributed to a very slow January when only one IPO priced. IPO activity picked up in late February and continued in March, culminating in the long...read more

Tradeweb Markets, an electronic trading platform backed by Blackstone and Thomson Reuters, raised the proposed deal size for its upcoming IPO on Tuesday. The New York, NY-based company now plans to raise $906 million by offering 36.3 million shares at a price range of $24 to $26. The company had previously filed to offer 27.3 million shares at the same range. At the midpoint of...read more