Thirteen traditional initial public offerings (IPO) are looking to raise more than $9.6 billion in a hot week of debuts led by China's Uber (NYSE: UBER) Didi Chuxing Technology in a multi-billion listing.
Didi Chuxing Technology Co. (NYSE: DIDI) plans to raise $3.9 billion from 72 million shares offered in the range of $13 to $14 each. Being China's largest ride-hailing app, Didi has over 15 million drivers across 4,000 cities and towns in the nation. However, its large size has brought antitrust crackdowns by Chinese regulators.
SentinelOne, Inc. (NYSE: S) plans to raise more than $1 billion from 32 million shares priced between $26 to $29 each. The cybersecurity platform offers AI-powered extended detection which ingests, correlates and queries petabytes of structured and unstructured data to provide autonomous cybersecurity defense.
D-Market Electronic Services & Trading (NASDAQ: HEPS) plans to raise more than $848 million from 56.74 million shares priced in the range of $11 to $13 each. The Turkish e-commerce platform operates under the name Hepsiburada, and has connected 33 million members, 9 million Active Customers, and about 45,000 Active Merchants throughout 2020.
Krispy Kreme, Inc. (NASDAQ: DNUT) plans to raise $736 million from nearly 26.7 million shares offered between $21 to $24 each. The doughnut brand operates an omni-channel business through a network of shops, partnerships, and an e-commerce delivery business.
LegalZoom.com, Inc. (NASDAQ: LZ) plans to raise nearly $594 million from over 19 million shares priced in the range of $24 to $27 each. The legal solutions provider is a leading online platform for legal and compliance solutions, with 10% of new LLCs and 5% of new corporations in the U.S. being formed through the platform in 2020.
Clear Secure, Inc. (NYSE: YOU) plans to raise more than $455 million from 13.2 million shares priced between $27 to $30 each. The identity verification platforms network includes 38 airports, 26 sports and entertainment partners, and 67 Health Pass-enabled partners.
Dingdong Ltd. (NYSE: DDL) plans to raise more than $410 million from 14 million shares pricing in the range of $23.50 to $25.50 each. The Chinese grocery delivery platform had a 10% shares of the on-demand e-commerce market by GMV in 2020.
EverCommerce, Inc. (NASDAQ: EVCM) plans to raise nearly $396 million from more than 19 million from shares priced between $16 to $18 each. The Software-as-a-Service solutions provider serves over 500,000 customers across three core verticals: Home Services, Health Services, and Fitness & Wellness Services.
Intapp, Inc. (NASDAQ: INTA) plans to raise more than $338 million from 10.5 million shares priced between $25 to $28 each. The industry-specific, cloud-based software solutions provider offers professional and financial services globally.
Xometry, Inc. (NASDAQ: XMTR) plans to raise more than $332 million from nearly 6.88 million shares priced in the range of $38 to $42 each. The online manufacturing marketplace offers a leading AI-enabled marketplace for on-demand manufacturing.
Integral Ad Science Holding LLC (NASDAQ: IAS) plans to raise more than $293 million from 15 million shares priced between $15 to $17 each. The company's technology provides metrics designed to verify that digital ads are served to a real person, viewable on-screen, and appear in a brand-safe and suitable environment in the current geography.
Torrid Holdings Inc. (NYSE: CURV) plans to raise more than $193 million from 8 million shares priced in the range of $18 to $21 each. The apparel brand is the largest direct-to-consumer brand of women's plus-size apparel and inmates in North America by net sales.
CVRx, Inc. (NASDAQ: CVRX) plans to raise more than $122 million from 6.25 million shares priced between $15 to $17 each. The company manufactures and markets its minimally invasive neuromodulation solutions on its proprietary BAROSTIM platform, which is the first and only commercially available neuromodulation device indication to improve symptom for patients with heart failure.