The initial public offering (IPO) market is heating up for the last leg of the year, with a diverse group of 13 traditional IPOs scheduled to raise more than $6.32 billion in the week head.
Freshworks, Inc. (FRSH ) plans to raise more than $1 billion from 28.5 million shares priced between $28 to $32 each. The software firm's core product is its customer support software, with Freshworks also offering an IT service management software.
Knowlton Development Corp Inc. (KDC ) plans to raise nearly $986 million from more than 57.1 million shares priced between $13 to $15 each. The Canadian consumer products company has co-developed over 9,000 products across a broad variety of categories in the last three years, with its products being sold by its brand partners in over 70 countries.
Toast, Inc. (TOST ) plans to raise $825 million from nearly 22 million shares priced between $30 to $33 each. The company provides a suite of integrated payment and software solutions that are designed to help streamline restaurant operations.
Remitly Global, Inc. (RELY ) plans to raise more than $587 million from 7.5 million shares priced in the range of $38 to $42 each. The global money transfer firm provides digital financial services for immigrants in over 135 countries.
Clearwater Analytics Holdings, Inc. (CWAN ) plans to raise $552 million from 30 million shares priced between $14 to $16 each. The software firm offers cloud-native software that allows its clients to simplify their investment accounting operations.
Sovos Brands, Inc. (SOVO ) plans to raise more than $429 million from over 23.3 million shares priced between $14 to $16 each. The food company offers a select group of acquired premium food brands.
EngageSmart, LLC (ESMT ) plans to raise more than $418 million from nearly 14.6 million shares priced between $23 to $25 each. The customer engagement software provider offers services that simply online workflows like paperless billing, electronic payment processing, scheduling, and client communication.
Sterling Check Corp. (STER ) plans to raise more than $361 million from nearly 14.3 million shares priced between $20 to $22 each. The hiring solutions firm is one of the leading providers of background checks for corporate and government customers in the United States.
Brilliant Earth Group, Inc. (BRLT ) plans to raise nearly $307 million from nearly 16.7 million shares priced between $14 to $16 each. The jewelry retailer is a digital-first jewelry company and is a global leader in ethically sourced fine jewelry.
A.K.A. Brands Holding Corp. (AKA ) plans to raise more than $303 million from nearly 13.9 million shares priced between $17 to $19 each. The online fashion platform acquires e-commerce fashion brands designed for Millennial and Gen Z consumers.
Cue Health Inc. (HLTH ) plans to raise more than $244 million from 12.5 million shares priced between $15 to $17 each. The company's first commercially diagnostic test for use with its Cue Health Monitoring System is its COVID-19 test kit, with has been authorized for emergency use.
Argo Blockchain Plc (ARBK ) plans to raise $158.7 million from 7.5 million shares priced at $18.40 each. The London-based crypto mining company is a leading blockchain technology firm, and it focused on large-scale mining of Bitcoin and other cryptocurrencies.
Throne Healthtech, Inc. (THRN ) plans to raise more than $155 million from 9 million shares priced in the range of $13 to $15 each. The company's Thorne and Onegevity brands provide actionable insights and personalized data, products, and services.