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US IPO Weekly Recap: "Breaking" news in the IPO market as most deals end down

NK

Breaking news: Two-thirds of this week's IPOs broke issue. Last week, we noted that the recent stretch of strong first-day pops (+26%) with weak follow-through performance (-3%) was likely unsustainable. This week, IPOs averaged a loss of...read more

vTv Therapeutics prices IPO at $15, the low end of the range

vTv Therapeutics, a biotech developing treatments for Alzheimer's disease and type 2 diabetes, raised $117 million by offering 7.8 million shares at $15, the low end of the range of $15 to $17. vTv Therapeutics plans to list on the Nasdaq under the symbol VTVT. vTv Therapeutics initially filed confidentially on 5/14/2015. Piper Jaffray and Stifel acted as lead managers on the deal...read more

Week ahead: 10 IPOs set to price during the week of July 27

The largest biotech ever to go public is on the calendar for this week, targeting a $2.2 billion valuation at IPO. Ten IPOs and two blank check companies plan to raise over $2 billion. Half are set to have a market cap of less than $200 million, and for these our ...read more

Alzheimer's biotech vTv Therapeutics sets terms for $125 million IPO

vTv Therapeutics, a biotech developing treatments for Alzheimer's disease and type 2 diabetes, announced terms for its IPO on Monday. The High Point, NC-based company plans to raise $125 million by offering 7.8 million shares at a price range of $15 to $17. At the midpoint of the proposed range, vTv Therapeutics would command a basic market value of $525 million. The last...read more