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US IPO Week Ahead: Chinese EV's billion-dollar deal closes out summer in a 2 IPO week

XPEV

Two IPOs and two SPACs are scheduled to go public in the week ahead. Chinese EV maker Xpeng (XPEV) is leading summer's last wave with a billion-dollar deal. Xpeng (XPEV) plans to raise $1.0 billion at an $8.8 billion market cap. Xpeng targets the mid- to high-end segment in China's passenger vehicle market and currently offers two electric vehicles,...read more

US IPO Weekly Recap: Vital Farms pops 60% in a 7 IPO week

ALVR

Seven IPOs and five SPACs entered the public markets this week led by top performer Vital Farms (VITL), which popped 60% in its public debut. Vital Farms (VITL), the largest US producer of pasture-raised eggs, upsized and priced above the upwardly revised range to raise $205 million at a $991 million market cap. The company, which is both a public benefit...read more

Brazilian digital education spin-off Vasta Platform prices IPO at $19, above the range

VSTA

Vasta Platform, a Brazilian provider of K-12 school curriculum solutions being spun out of Cogna, raised $353 million by offering 18.6 million shares at $19, above the range of $15.50 to $17.50. At pricing, Vasta commands a market value of $1.6 billion. Vasta Platform plans to list on the Nasdaq under the symbol VSTA. Goldman Sachs, BofA Securities, Morgan Stanley, Itau BBA,...read more

US IPO Week Ahead: Chinese EVs and US tax software lead a diverse 7 IPO week

VERX

Seven IPOs and one SPAC plan to raise $2.1 billion in the week ahead, led by tax software provider Vertex (VERX). A handful of companies could join the IPO calendar in the coming week, including leading mortgage lender Rocket Companies (RKT), cloud hosting service provider Rackspace (RXT), and health center chain Oak Street Health (OSH). ...read more