WDH News

Eight IPOs and four SPACs went public this past week. One IPO postponed, UK-based biotech Gyroscope Therapeutics (VISN), citing market conditions. Filing activity maintained a comfortable pace/remained moderate, with seven IPOs and 10 SPACs submitting initial filings. The week’s best performer, Sacramento bank Five Star Bancorp (FSBC)...read more

Waterdrop, which operates a health insurance distribution and crowd-funding platform in China, raised $360 million by offering 30 million ADSs at $12, the high end of the range of $10 to $12. New and existing shareholders have indicated on $210 million of the IPO, including Boyu Capital ($100mm), HOPU Investments ($80mm), and Kevin Sunny Holding ($30mm). Waterdrop states...read more

Updated Monday, 5/3. 10 IPOs are expected to raise a total of $1.4 billion in the first week of May. The lineup is led by Jessica Alba’s highly-anticipated lifestyle brand, The Honest Company (HNST). The largest deal of the week, non-toxic lifestyle brand The Honest Company (HNST) plans to raise $400 million at a $1.6...read more

Waterdrop, which operates a health insurance distribution and crowd-funding platform in China, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $330 million by offering 30 million ADSs at a price range of $10 to $12. New and existing shareholders have indicated on $210 million of the IPO, including Boyu Capital ($100mm), HOPU Investments...read more