Author Archives: Jan Paschal

Money, jobs, scrubs and drugs are the IPO buzzwords this week. Two payments companies – Flywire Corp. (FLYW) and Paymentus Holdings, Inc. (PAY) – priced their IPOs at the top of their respective price ranges on Tuesday night:  FLYW at $24, more shares (10.4 million priced vs. 8.7 million in the prospectus) and PAY at […]

IPO investors hoped that Oatly Group AB (OTLY), the Swedish oatmilk brand backed by Oprah Winfrey, would make the right kind of splash today when it started trading on NASDAQ. And lo and behold, it did. The vegan-friendly company’s stock opened at $22.12 –  or 30 percent above its IPO price. Oatly priced its IPO […]

Israel is home to two tech IPOs on this week’s “most wanted” list: Global-E Online, Ltd. (GLBE proposed) and SimilarWeb (SMWB proposed). These Israeli tech companies are among nine IPOs on this week’s  IPO Calendar – plus one SPAC.  Bankers expect to raise about $1.86 billion, if all 10 deals get done. Backed by Shopify, Global-E Online […]

All eyes were on the NASDAQ on Wednesday morning when The Honest Company, Inc. (HNST) – founded by actress  Jessica Alba – started trading. The Honest Co., known for its environmentally friendly diapers, priced its IPO on Tuesday night, May 4th, at $16 – slightly above the mid-point of its $14-to-$17 range – on 25.8 […]

Healthcare shares the limelight with Hollywood this week. Bankers expect to raise about $2.2 billion from seven IPOs. The deals range from home healthcare provider Aveanna Healthcare Holdings Inc. (AVAH proposed) and Privia Health Group, Inc. (PRVA proposed), a doctors’ platform, to Hollywood powerhouse Endeavor Group Holdings, Inc. (EDR proposed). Privia Health, a platform for […]

UiPath (PATH proposed), the robotic automation software company, raised eyebrows with the upsizing of its IPO early today. The buzz is that UiPath is “the deal of the week.” But the mood is cautious after the heartbreak of AppLovin (APP), which slid 18.5 percent on its April 15th debut. Bankers expect to raise about $3.6 […]

Alkami Technology, Inc.  (ALKT proposed), a digital banking platform, is generating early IPO buzz this week – along with the NASDAQ direct listing of Coinbase Global (COIN proposed), the biggest U.S.-based cryptocurrency exchange. Bankers expect to raise about $5 billion from eight IPOs this week. That estimated volume does not include the Coinbase direct listing. […]

The IPO market just got a reality check. The outlook is much more cautious after Monday’s hedge fund bombshell and last week’s dismay over some hot IPOs, notably DigitalOcean (DOCN), sailing into rocky waters and opening lower.  On Friday, the market regained some equilibrium, with two biotech IPOs scoring moonshots on their first day of […]

DigitalOcean is the IPO cruise that everyone wants to take this week. The cloud company, which caters to small and medium-sized businesses, is leading an IPO Calendar with 18 names  – 15 IPOs in the $100 million-and-up category – and three small-cap offerings. Bankers expect to raise about $5.8 billion, based on mid-point pricing for […]

Coupang (CPNG proposed) raised its price range early today to $32 to $34 – up from $27 to $30 initially – amid reports of huge demand for this $4 billion IPO by “the Amazon of South Korea.” About the same time, the phones at IPOScoop started ringing wildly as investors sought more information on video […]