VTRU News

In the busiest week yet for the 2020 IPO market, 15 IPOs raised $8.7 billion. Snowflake (SNOW) took the spotlight, completing the largest software IPO ever and bagging the biggest billion-dollar pop in two decades. Eight SPACs joined the week’s diverse group of IPOs. The year’s largest IPO to date, Snowflake (SNOW) priced above...read more

Vitru, which provides online and tutored post-secondary education services in Brazil, raised $96 million by offering 6 million shares (100% primary) at $16, the low end of the downwardly revised range of $16 to $18. The company originally planned to offer 11.2 million shares (53% primary) at $22 to $24 before removing insider selling on the deal and lowering the range on Thursday...read more

Vitru, which provides online and tutored post-secondary education services in Brazil, lowered the proposed range and removed insider selling for its upcoming IPO on Thursday. The Santa Catarina, Brazil-based company now plans to raise $102 million by offering 6 million shares (100% primary) at a price range of $16 to $18. The company had previously filed to offer 11.2 million...read more

Updated Monday, 9/14. The post-Labor Day IPO frenzy is here as 14 IPOs plan to raise $7.8 billion in the coming week, led by cloud data unicorn Snowflake (SNOW). It is expected to be the biggest week for the IPO market by proceeds since May 2019, when Uber went public, and the most deals in a week since 2014. The largest deal of the...read more