The initial public market is setting up another red hot week, with 15 traditional IPOs set to raise nearly $9.76 billion, lead by the long awaited debut of Robinhood Markets.
In its highly anticipated IPO, Robinhood Markets, Inc. (HOOD ) plans to raise more than $2.5 billion from 55 million shares priced between $38 to $42 each. The retail brokerage offers a non-commission platform with over 18 million Monthly Active Users.
Clarios International, Inc. (BTRY ) plans to raise more than $2.1 billion from over 88 million shares priced in the range of $17 to $21 each. The vehicle battery company manufactures low-voltage batteries globally, boasting of being in the number one market position in the Americas and EMEA.
Teads S.A. (TEAD ) plans to raise nearly $930 million from 38.5 million shares priced between $18 to $21 each. The company operates a cloud-based programmatic digital advertising platform for both advertisers and publishers, providing monetization services to over 3,000 publishers.
PowerSchool Holdings, Inc. (PWSC ) plans to raise $750 million from 39.5 million shares priced in the range of $18 to $20 each. The company provides an education platform for classroom management of activities like collecting work and grading assignments. PowerSchool services over 12,000 customers in over 90 countries.
In its second IPO attempt, Dole PLC (DOLE ) plans to raise nearly $688 million from 26 million shares priced between $20 to $23 each. The company is a leader in the fruit and vegetable market, offering over 300 products sourced from over 30 countries to deliver to over 80 countries.
Duolingo, Inc. (DUOL ) plans to raise nearly $558 million from more than 5.1 million shares priced in the range of $85 to $95 each. The company provides an online platform for over 300 million users learning more than 30 new languages.
TGPX Holdings I, LCC (Traeger) (COOK ) plans to raise more than $487 million from over 23.5 million shares priced between $16 to $18 each. Traeger makes premium backyard wood pellet grills with tech, allowing for owners to program, monitor, and control their grill though its accompanying app.
Riskfield, Ltd. (RSKD ) plans to raise nearly $403 million from 17.5 million shares priced between $18 to $20 each. The Israeli-based company provides e-commerce fraud protection for enterprise customers.
Project Angel Parent, LLC (MeridianLink) (MLNK ) plans to raise more than $358 million from 12 million shares priced between $24 to $26 each. MeridianLink offers a cloud-based digital lending and account opening platform for mid-market community banks and credit unions.
Snap One Holdings Corp. (SNPO ) plans to raise more than $334 million from 13.85 million shares priced in the range of $18 to $21 each. The company provides smart home technology products to over 16,000 professional integrators.
Preston Hollow Community Capital, Inc. (PHCC ) plans to raise more than $242 million from over 10.5 million shares priced between $18 to $20 each. The company provides specialized impact financing solutions for projects of significant social and economic importance to local communities in the United States, serving areas including infrastructure, education, healthcare, and housing.
Icosavax, Inc. (ICVX ) plans to raise $184 million from 10 million shares priced between $14 to $16 each. The vaccine-focused biotech is developing vaccines against infectious respiratory disease, with its most advanced candidate currently in a Phase 1/2 trials for SARS-CoV-2.
Rallybio, Corp. (RLYB ) plans to raise more than $99 million from 5.75 million shares priced between $13 to $15 each. The rare disease focused biotech's lead program is currently being evaluated to treat fetal and neonatal alloimmune thrombocytopenia in a Phase 1/2 trial.
Following its postponement, IN8BIO, Inc. (INAB ) plans to raise $55.2 million from 4 million shares priced between $10 to $12 each. The biotech is developing allogeneic gamma-delta T cell therapies to treat solid tumors.
Muliang Viagoo Technology, Inc. (MULG ) plans to raise $46 million from 11.5 million shares priced at $4 each. The Chinese company manufactures and sells organic fertilizer under the brand names "Zongbao," "Fukang," and "Muliang."
Context Therapeutics, Inc. (CNTX ) plans to raise more than $24 million from 1.5 million shares priced between $12 to $14 each. The female cancer focused biotech is developing treatments for female cancers, such as breast, ovarian, and endometrial. Context's lead candidate is currently in Phase 2 trials for ovarian and endometrial cancer, with preliminary results expected in the second half of 2021 and the first half of 2022.