US IPO Weekly Winners & Losers
RenaissanceCapital·- The US IPO market faced headwinds this week as the 10 year Treasury yield hit its highest level since 2007 and the Fed raised interest rates. - Despite rocky conditions and Holtec Nuclear postponing its $825 million IPO, three sizable deals priced and the IPO Index outperformed the S&P 500 by gaining 0.5%. - The IPO Index finalized its Q3 rebalance by adding nine companies, including SpaceX, ahead of upcoming launches.US IPO Weekly Recap: Data center developer Nscale files, while Holtec Nuclear postpones IPO
RenaissanceCapital·- The US IPO market featured three priced IPOs and two SPACs, alongside five new IPO and three SPAC filings. - Holtec Nuclear postponed its $825 million IPO, while Nscale filed for a potential multibillion-dollar offering. - Electra Therapeutics, Orion180 Insurance Group, and American Savings Bank successfully priced their offerings, raising $350 million, $240 million, and $129 million respectively.