UGRO - U.S. IPO Weekly Recap: IPO Frenzy Brings The Year's Largest Deal And Biggest Pop In A 17 IPO Week
- The IPO frenzy continued this past week as 17 IPOs and 26 SPACs entered the public market.
- Headlining the week were dating app Bumble, which completed the year's largest deal so far, and Chinese cloud services provider Cloopen Group, which bagged the biggest pop of 2021 to date.
- 28 SPACs submitted initial filings, led by Bill Foley's Austerlitz Acquisition I and Austerlitz Acquisition II, which filed to raise $500 million and $1 billion, respectively.
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U.S. IPO Weekly Recap: IPO Frenzy Brings The Year's Largest Deal And Biggest Pop In A 17 IPO Week