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US IPO Weekly Recap: 10 companies go public in the busiest week of 2017

CBTX

Ten companies raised a combined $1.6 billion in the most active week of the 2017 IPO market. Texas community bank CBTX took the top spot with a 10% pop, which is still below the long term historical average of 13%. The week featured three regional banks, three biotechs, three fast-growing Chinese companies and a communications platform pivoting to growth. First day...read more

US IPO Weekly Recap: Floor & Décor pops 53%, Carvana skids 26%

FND

9 IPOs priced deals this week. This brings April’s total to 20, making it the busiest month of the past 22. These 20 pricings were almost enough to double the count for the year, raising that number to 45. Five biotechs priced in April, doubling the total for the year after just three biotechs priced in the 1Q17. The deals this week included the best and worst first day...read more

China Rapid Finance prices IPO at $6.00, the low end of the downwardly-revised range

XRF

China Rapid Finance, which operates an online marketplace in China for small peer-to-peer loans, raised $60 million by offering 10 million ADSs at $6, the low end of the downwardly-revised range of $6 to $7. China Rapid Finance plans to list on the NYSE under the symbol XRF. Morgan Stanley, Credit Suisse and Jefferies acted as lead managers on the deal....read more

China Rapid Finance decreases proposed IPO deal size

XRF

China Rapid Finance, which operates an online marketplace in China for small peer-to-peer loans, lowered the proposed deal size for its upcoming IPO on Thursday. The Shanghai, China-based company now plans to raise $65 million by offering 10 million shares at a price range of $6 to $7. The company had previously filed to offer 10 million shares at a range of $9.50 to $11.50. At...read more