IPO - US IPO Weekly Recap: The IPO Market Cools Off In A 2 IPO Week
- Just two IPOs priced this past week, raising $222 million as the US IPO market continued to cool down.
- The IPO pipeline remained active, with 13 IPOs and 14 SPACs submitting initial filings this week.
- Eight blank check companies went public this past week, led by CM Life Sciences I (CMLTU), which raised $480 million, and Tio Tech A (TIOAU), which raised $300 million.
- As of 4/8/21, the Renaissance IPO Index was up 0.7% year-to-date, while the S&P 500 was up 9.1%.
For further details see:
US IPO Weekly Recap: The IPO Market Cools Off In A 2 IPO Week