The initial public offering (IPO) market revved back to life last week, with 11 traditional IPOs listing on U.S. markets.
In the biggest deal of the week, Thoughtworks Holdings, Inc. (TWKS ) raised nearly $774 million from pricing shares above the range. The tech consultancy provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The stock ended the week up 64%.
In the week's best performance, DICE Therapeutics, Inc. (DICE ) finished the week up 118% after raising $204 million after pricing shares at the high end of its range. The immunology-focused biotech is developing oral small molecule therapies to treat chronic diseases.
Here's the rest of the week's listings in order of offering amount:
On Holding AG (ONON ) raised more than $746 million after pricing shares above the its range. The Swiss running shoe brand is a global providers of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and the company's proprietary technology. The stock ended the week up 62%.
Sportradar Group AG (SRAD ) raised $513 million after pricing shares within the range. The Swiss sports betting and data firm provides software, data, and content to sports leagues, betting operators, and media companies. The stock finished flat by the end of the week.
Dutch Bros Inc. (BROS ) raised more than $484 million after pricing shares above the range. The Oregon-based coffee chain operates 471 drive-thru coffee shops in the Western United States. The stock ended the week up 89%.
Definitive Healthcare Corp. (DH ) raised nearly $420 million after pricing shares above the range. The healthcare intelligence platform provides a commercial intelligence and analytics platform, helping clients analyze, navigate, and sell into the healthcare ecosystem. The stock ended the week up 81%.
ForgeRock, Inc. (FORG ) raised $275 million after pricing shares above the range. The identity management firm provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. The stock ended the week up 89%.
Enact Holdings, Inc. (ACT ) raised nearly $252 million after pricing shares at the low end of its range. The mortgage insurance spinoff of Genworth Financial offers services primarily to consumer that purchase homes with less than 20% down payments. The stock finished the week up 5%.
Tyra Biosciences, Inc. (TYRA ) raised nearly $173 million after pricing shares at the high end of its range. The oncology-focused biotech is developing FGFR kinase inhibitors for solid tumors, with the company planning to submit an Investigative New Drug form to the Food and Drug Administration in mid-2022. The stock ended the week up 24%.
PROCEPT BioRobotics Corp. (PRCT ) raised nearly $164 million after pricing shares above its range. The surgical robotics firm develops surgical robotics systems for minimally-invasive urologic surgery, with initial focus on treating benign prostatic hyperplasia. The stock ended the week up 60%.
EzFill Holdings Inc. (EZFL ) raised $25 million after pricing shares within its range. The gas delivery company provides an on-demand mobile-fueling service in Florida via a mobile app. The stock ended the week up 14%.