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Updated: Renaissance Capital's 3Q 2021 US IPO Market Review

HOOD

IPO Market Posts Another Record Quarter in a Record Year In the third quarter of 2021, 94 IPOs raised $27.6 billion, marking the busiest 3Q by deal count since 2000. Following an explosive second quarter, activity remained brisk before tapering off in the typically-slow month of August, and coming back strong after...read more

US IPO Weekly Recap: The Fall IPO market is in full swing with an 11 IPO week

TWKS

The IPO market was full steam ahead this past week as 11 IPOs came to market. SPAC activity remained steady with seven blank check IPOs. New filers continue to pour into the IPO pipeline, with 15 IPOs and eight SPACs submitting initial filings. Tech consultancy Thoughtworks (TWKS) raised $774 million at a $7.0 billion market cap. This agile software developer...read more

Technology consultancy Thoughtworks prices IPO at $21, above the range

TWKS

Thoughtworks Holding, which provides digital consulting and software development services, raised $774 million by offering 36.8 million shares (55% secondary) at $21, above the range of $18 to $20. Existing shareholder Neuberger Berman had indicated on up to $70 million worth of shares in the offering (9% of the deal). Thoughtworks states that it is a leading premium global...read more

US IPO Week Ahead: The Fall IPO market kicks off with an 11 IPO week

TWKS

Updated Monday, 9/13. After a wave of launches in the short holiday week, 11 IPOs are scheduled to raise over $3 billion in the week ahead. Tech consultancy Thoughtworks (TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more...read more