VZIO News

In a turbulent week for the IPO market, 17 IPOs and 20 SPACs went public, and one company postponed, defense contractor Leonardo DRS (DRS). While returns cooled off, with just over half of the week’s IPOs finishing below issue, there were a few bright spots, led by biotechs Design Therapeutics (DSGN) and Ikena Oncology...read more

Vizio, a low-cost maker of smart TVs and sound bars, raised $257 million by offering 12.3 million shares (38% secondary) at $21, the low end of the range of $21 to $23. The selling shareholders offered 2.9 million fewer shares than anticipated. Vizio currently produces and sells a broad portfolio of Smart TVs and sound bars, as well as a proprietary Smart TV operating system...read more

Updated Monday, 3/22. 15 IPOs are currently scheduled to raise $5.7 billion in the week ahead as IPO activity continues to pick up. The diverse group spans six sectors and includes cleaning products, defense technology, low-cost TVs, crafting machines, and more. Cleaning products maker Diversey Holdings (DSEY) plans to raise $900 million at a $5...read more

Vizio, a low-cost maker of smart TVs and sound bars, announced terms for its IPO on Tuesday. The Irvine, CA-based company plans to raise $333 million by offering 15.1 million shares (50% insider) at a price range of $21 to $23. At the midpoint of the proposed range, Vizio would command a fully diluted market value of $4.5 billion. Vizio currently produces and sells a broad...read more