Three biotechs, two Chinese issuers, and one SPAC went public this past week, led by preclinical oncology biotech Nkarta (NKTX), which popped 166% in the best first-day return for a $10+ million IPO since 2015.
Some major news hit the IPO pipeline this week. Long-awaited IPO cand
Vistas Media Acquisition, a blank check company targeting the media and entertainment industry, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The New York, NY-based company plans to raise $100 million by offering 10 million units at a pri
Vistas Media Acquisition, a blank check company targeting the media and entertainment industry, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The New York, NY-based company plans to raise $100 million by offering 10 million units at a pri
NewHold Investment, a blank check company formed by NewHold Enterprises targeting an industrial technology business, filed on Friday with the SEC to raise up to $150 million in an initial public offering.
The Houston, TX-based company plans to raise $150 million by offering 15 mi
NewHold Investment, a blank check company formed by NewHold Enterprises targeting an industrial technology business, filed on Friday with the SEC to raise up to $150 million in an initial public offering.
The Houston, TX-based company plans to raise $150 million by offering 15 mi
IBEX, an outsourced customer support services provider being spun-out of The Resources Group, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The company previously filed to raise $60 million March 2018, but withdrew the offering later that
IBEX, an outsourced customer support services provider being spun-out of The Resources Group, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The company previously filed to raise $60 million March 2018, but withdrew the offering later that
Oak Street Health, which operates health centers that provide primary care for Medicare patients in the Midwest, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The company employs 260 primary care provider and 54 health centers, in 13 mark
Oak Street Health, which operates health centers that provide primary care for Medicare patients in the Midwest, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The company employs 260 primary care provider and 54 health centers, in 13 mark
Li Auto, which manufactures smart electric SUVs in China, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The company designs, develops, manufactures, and sells premium smart electric SUVs. It states that it is the first to successfully com
Li Auto, which manufactures smart electric SUVs in China, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The company designs, develops, manufactures, and sells premium smart electric SUVs. It states that it is the first to successfully com
Baosheng Media Group Holdings, which provides online marketing services for advertisers and media companies in China, filed on Friday with the SEC to raise up to $28 million in an initial public offering.
The Beijing, China-based company plans to raise $28 million by offering 5 m
Baosheng Media Group Holdings, which provides online marketing services for advertisers and media companies in China, filed on Friday with the SEC to raise up to $28 million in an initial public offering.
The Beijing, China-based company plans to raise $28 million by offering 5 m
Rackspace Technology, a leading cloud hosting services provider, filed on Friday with the SEC to raise up to $100 million in an initial public offering. However, this is likely a placeholder for a deal we estimate could raise up to $1 billion.
Acquired by Apollo Global Management
In the second quarter of 2020, 38 IPOs raised $15.1 billion, mostly in June as the market bounced back amid soaring IPO returns. The slow start to the quarter caused activity to decline from the 2Q19, when 62 IPOs raised $25.1 billion, boosted by Uber and other unicorns. Healthca
nCino, which offers an end-to-end digital banking platform for financial institutions, increased the proposed range for its upcoming IPO on Friday.
The Wilmington, NC-based company now plans to raise $217 million by offering 7.6 million shares at a price range of $28 to $29. The
nCino, which offers an end-to-end digital banking platform for financial institutions, increased the proposed range for its upcoming IPO on Friday.
The Wilmington, NC-based company now plans to raise $217 million by offering 7.6 million shares at a price range of $28 to $29. The
Poseida Therapeutics, a Phase 2 biotech developing CAR T cell therapies for multiple myeloma, raised $224 million by offering 14 million shares at the $16, in line with the upwardly revised terms. The company originally planned to offer 10 million shares at $14 to $16 before incr
Poseida Therapeutics, a Phase 2 biotech developing CAR T cell therapies for multiple myeloma, raised $224 million by offering 14 million shares at the $16, in line with the upwardly revised terms. The company originally planned to offer 10 million shares at $14 to $16 before incr
Quhuo, which provides a gig worker staffing platform for consumer services apps in China, raised $33 million by offering 3.3 million ADSs at $10, within the range of $9 to $11.
The company sold 0.6 million more ADSs than originally anticipated (+22%). SB China Capital