AmeriQuest, which provides financial process and procurement services for the transportation sector, withdrew its plans for an initial public offering on Friday. It had filed to raise $75 million but postponed its IPO in January. The Cherry Hill, NJ-based...read more
The US IPO market froze in January.
Coming off the slowest December for IPOs since 2008, the US IPO market had the slowest January since 2009. No IPOs priced this month, down from 14 last year and 17 the year before. All told, January 2016 ended a 51-month ...read more
AmeriQuest, which provides financial process and procurement services for the transportation sector, postponed its IPO on Tuesday. It had filed to raise $74 million by offering 6.2 million shares at a price range of $11 to $13. The Cherry Hill, NJ-based...read more
With the postponement of Elevate Credit's offering this week, there still has not been an IPO in 2016. This coming week could see the IPO of AmeriQuest and Nordic Realty Trust, both of which are scheduled to price next week. The delayed Shimmick...read more
AmeriQuest withdraws $75 million IPO
AmeriQuest, which provides financial process and procurement services for the transportation sector, withdrew its plans for an initial public offering on Friday. It had filed to raise $75 million but postponed its IPO in January. The Cherry Hill, NJ-based...read more
US IPO Weekly Recap: Zero-IPO January ends 51-month streak in activity
The US IPO market froze in January. Coming off the slowest December for IPOs since 2008, the US IPO market had the slowest January since 2009. No IPOs priced this month, down from 14 last year and 17 the year before. All told, January 2016 ended a 51-month ...read more
Keep on trucking: AmeriQuest postpones $74 million IPO
AmeriQuest, which provides financial process and procurement services for the transportation sector, postponed its IPO on Tuesday. It had filed to raise $74 million by offering 6.2 million shares at a price range of $11 to $13. The Cherry Hill, NJ-based...read more
Week ahead: Will 2016 see its first IPO?
With the postponement of Elevate Credit's offering this week, there still has not been an IPO in 2016. This coming week could see the IPO of AmeriQuest and Nordic Realty Trust, both of which are scheduled to price next week. The delayed Shimmick...read more