US IPO Week Ahead: the IPO Market Remains Quiet Heading into February
renaissancecap...2022-01-30
The IPO calendar is expected to stay relatively quiet in the week ahead, as IPO candidates get their audited 2021 financials in order and evaluate their chances amid the IPO market meltdown. There are no major IPOs on the calendar, but it's likely that we may see a few SPACs price in the week ahead.
A few other small companies have delayed January offerings, and are currently set to price on a day-to-day basis. AdTech platform Direct Digital Holdings(DRCT) could raise $32 million offering shares at $7 to $9 for a proposed $123 million market cap. OTC-listed wearable insulin pump maker Modular Medical has filed terms to raise $30 million in its uplisting, based on its filed price of $12.49.
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