Tag Archives: INSE

IPO Weekly Recap: 3 IPOs Price In Quiet Post-Holiday Week

In another quiet week following the Thanksgiving holiday, just three companies came public. Micro-cap Chinese building materials supplier ReTo Eco-Solutions led the week with a 111% pop, followed by two blank-check companies, Leisure Acquisition and Regalwood Global Energy. In addition, seven companies filed terms this week, led by biotechs Denali Therapeutics and Odonate Therapeutics by deal size.

There were 26 IPOs in November, raising a combined $3.5 billion. Excluding three sub-$15 million IPOs, first day pops averaged 1% and averaged 11% in the aftermarket. Removing the four Chinese....More>>>