SDIG - U.S. IPO Weekly Recap: Biotechs Pop And Robinhood Flops In A Record 20 IPO Week
- The 2021 US IPO market continues to break records. 20 IPOs went public this past week, the most in a single week since the year 2000.
- Three issuers postponed, citing either volatility or market conditions: vehicle battery maker Clarios International, specialty funding solutions provider Preston Hollow Community Capital, and adtech platform Teads.
- 11 SPACs submitted initial filings led by cloud-focused Founder SPAC, which filed to raise $275 million.
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U.S. IPO Weekly Recap: Biotechs Pop And Robinhood Flops In A Record 20 IPO Week