IPO Roundup: Ibotta, Centuri Holdings, and more

seekingalpha04-15

Following a strong performance in the first quarter for stock markets, IPOs have also started off the year well. The Renaissance IPO ETF (NYSEARCA:IPO) has increased by 3.5% YTD, following the uptrend...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2427099350?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1311766731/image_1311766731.jpg","is_english":true,"pubTime":"2024-04-15 22:00","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2427099350","market":"fut","top_or_hot":-1,"title":"IPO Roundup: Ibotta, Centuri Holdings, and more","media":"seekingalpha","content":"<div>\n<p>Following a strong performance in the first quarter for stock markets, IPOs have also started off the year well. The Renaissance IPO ETF (NYSEARCA:IPO) has increased by 3.5% YTD, following the uptrend...</p>\n\n<a href=\"https://seekingalpha.com/news/4089499-ipo-roundup-ibotta-centuri-holdings-and-more\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IPO Roundup: Ibotta, Centuri Holdings, and more</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIPO Roundup: Ibotta, Centuri Holdings, and more\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-15 22:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4089499-ipo-roundup-ibotta-centuri-holdings-and-more><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Following a strong performance in the first quarter for stock markets, IPOs have also started off the year well. The Renaissance IPO ETF (NYSEARCA:IPO) has increased by 3.5% YTD, following the uptrend...</p>\n\n<a href=\"https://seekingalpha.com/news/4089499-ipo-roundup-ibotta-centuri-holdings-and-more\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4113","symbol_name":"食品零售","start_time":0,"source_url":"https://seekingalpha.com/news/4089499-ipo-roundup-ibotta-centuri-holdings-and-more","article_id":"2427099350","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1311766731/image_1311766731.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2427099350","pubTimestamp":1713189658,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Following a strong performance in the first quarter for stock markets, IPOs have also started off the year well. The Renaissance IPO ETF (NYSEARCA:IPO) has increased by 3.5% YTD, following the uptrend","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4113":"食品零售","SERV":"Serve Robotics Inc.","SQQQ":"纳指三倍做空ETF","IBTA":"Ibotta Inc.","WBUY":"WeBuy Global Ltd.","CTRI":"Centuri","QID":"纳指两倍做空ETF","ABVX":"Abivax S.A.",".IXIC":"NASDAQ Composite","CPBI":"CENTRAL PLAINS BANCSHARES INC","PSQ":"纳指反向ETF","BK7048":"生命科学工具和服务","PAL.AU":"Palla Pharma","QLD":"纳指两倍做多ETF","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF","BK4139":"生物科技","TWG":"富原集团","FBGL":"FBS Global Ltd.","BK4211":"区域性银行","IPO":"Renaissance IPO ETF"},"translate_title":"IPO综述：Ibotta、Centuri Holdings等","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IBTA":1,"WBUY":1,"TWG":1,"SERV":1,"PAL.AU":1,"IPO":1,"FBGL":1,"CTRI":1,"CPBI":1,"ABVX":1,".IXIC":0.82,"MNQmain":0.6,"NQmain":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"QQQ":0.6,"SQQQ":0.6,"TQQQ":0.6},"content_text":"Following a strong performance in the first quarter for stock markets, IPOs have also started off the year well. The Renaissance IPO ETF (NYSEARCA:IPO) has increased by 3.5% YTD, following the uptrend of the S&P 500, which is ahead by about 7.4% in 2024. Here are some of the other major headlines in the IPO market: Coming IPOs that are expected to price this week  Top Wealth Group Holding (TWG) is raising up to $10M by offering 2M shares at a price range of $4 to $6 per share. Description: A Hong Kong-based supplier of luxury caviar products. CDT Environmental Technology Investment Holdings (CDTG) is raising $9M by issuing 2M shares at an estimated price range between $4 and $5 per share. Description: Sewage treatment systems and services provider in China. Centuri Holdings (CTRI) is raising up to $242M by issuing 12.4M shares at a price range of $18 to $21 per share. Description: Utility infrastructure services provider in North America. FBS Global (FBGL) is raising up to $7.5M by issuing 1.9M shares at an estimated price of $4 per share. Description: An engineering and construction services provider in Singapore. Ibotta (IBTA) is raising $450M by offering 5.6M shares at an estimated price range of between $76 and $84 per share. Description: A digital marketing platform offering cash rebates to consumers. Serve Robotics (SERV) is raising $40M by offering 8.9M shares at an estimated price of $4.50 per share. Description: A developer of autonomous delivery robots spun out of Uber. RanMarine Technology (RMRN) is raising $7.9M by issuing 1.4M shares at a price of $5.5 per share. Description: A Dutch aquatic drone developer.  New notable filings  Silvaco Group (SVCO) has filed with the SEC to raise up to $100M in an initial public offering. The company provides TCAD, EDA, and SIP software to help semiconductor and photonics companies increase productivity, accelerate product time-to-market, and reduce development and manufacturing costs. It plans to list on Nasdaq under the symbol SVCO. Description: A Santa Clara-based design automation software and semiconductor IP solutions provider. Bowhead Specialty Holdings (BOW) has filed with the SEC to raise up to $100M in an initial public offering. It plans to list on the NYSE under the symbol BOW. Description: A specialty property and casualty insurer. Proficient Auto Logistics (PAL) has filed with the SEC to raise up to $100M in an initial public offering. The company plans to list on the Nasdaq under the symbol PAL. Description: A group of auto transportation and logistics service providers in North America. Mission Space Acquisition (MISNU) has filed with the SEC to raise up to $100M in an initial public offering. It plans to offer 10M units at $10 each, each containing one share of common stock and half of a warrant, exercisable at $11.50. Mission Space Acquisition, founded in 2024, plans to list on the NYSE under the symbol MISNU. Description: A blank check company focusing on the aerospace and defense services industries.  Terms and changes Key Mining (KMKM), a Florida-based mining company with two exploration-stage projects in Chile, has reduced its proposed deal size for its upcoming IPO. The company now plans to raise $10M by offering 4.4M shares at $2.25, a 38% decrease from the previous offer of 7.5M shares at a range of $2.00 to $2.30. Key Mining plans to list on the NYSE American under the symbol KMCM. Withdrawal  Innovex Downhole Solutions (INVX), a provider of engineered well products for the oil and natural gas industry, has decided to cancel its initial public offering (IPO) plans. The company had filed for a $100M deal in January 2024 and was expected to be listed on the New York Stock Exchange under the symbol INVX.  Lockup period expirations  Northann (NYSE:NCL) on 4/16/2024. Price movement over the past six months: -90%. Webuy Global (NASDAQ:WBUY) on 4/16/2024. Price movement over the past six months: -23%. ABIVAX Société Anonyme (NASDAQ:ABVX) on 4/17/2024. Price movement over the past six months: +29.3%. Central Plains Bancshares (NASDAQ:CPBI) on 4/17/2024. Price movement over the past six months: +10.4%.  SA Commentary  \"While Centuri Holdings (CTRI) has a long history, its slow growth and lack of profits may hinder the IPO,\" writes Investing Group Leader Donovan Jones.   More on IPOs  Centuri Holdings Begins Carve Out IPO Process Ibotta Starts U.S. IPO Effort With $100 Million Filing IPO Roundup: UL Solutions, PACS Group, and more IPO Roundup: Rubrik, Contineum Therapeutics, and more StubHub preparing for late summer IPO - report Microsoft-backed cybersecurity firm Rubrik plans to raise up to $713M in IPO - report","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2427099350"}