Renaissance Capital logo

WEBR News

Recent listings are now prime acquisition targets

CINC

Recent IPOs saw their valuations collapse in 2022, but as public investors sit on the sidelines, buyout firms and corporations are hunting for bargains amid the IPO wreckage. For companies that have gone public via IPO or SPAC merger since 2015, more than 40 have received, agreed to, or completed buyout offers since the start of 2022. Healthcare companies ...read more

Renaissance Capital’s August IPO Market Update

ADGI

In the typically-slow month of August, nine IPOs raised $1.0 billion, joined by 31 SPACs. Only four of the nine offerings raised over $100 million. Activity was well below August 2020, which saw investors and bankers skip their vacations due to the pandemic. Five listings also postponed this past month amid poor IPO aftermarket returns and “IPO indigestion” after summer...read more

US IPO Weekly Recap: Postponements abound in a 4 IPO week

After a busy July, the IPO market began to pump the brakes this past week with four IPOs and four postponements. SPAC activity remained steady with seven blank check IPOs. New filers trickled into the IPO pipeline, with only one IPO and six SPACs submitting initial filings.     Four companies postponed: biopharmaceutical royalty company ...read more

Outdoor grilling brand Weber prices downsized IPO below the range at $14

WEBR

Weber, a leading outdoor grilling brand, raised $250 million by offering 17.9 million shares at $14, below the range of $15 to $17. The company offered 29 million fewer shares than anticipated. Weber states that it is the leading outdoor cooking company, with a 20%+ share of the US and global global outdoor cooking markets in 2020. The company's product portfolio includes...read more