US IPOs and Secondary Offerings, IPO Boutique

IPO Boutique

For more than 20 years, we have been providing research, analysis, commentary and ratings on US Equity Capital Markets to institutional investors (US IPOs and Secondary Offerings). Our vast network of contacts across the Equity Capital Markets and attention-to-detail sets us apart from our competitors.

Since 2012, we have achieved a successful hit rating on 89% of Buy-rated IPOs. The collective “Buy” ratings averaged a first trade of 16.3% above issue.Our Neutral Rated Deals averaged just 2% above the issue price at first trade.

Our written research includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

In addition, we provide a high-touch premium desk access which includes analyst access, as well as real time insights on US IPOs as well as secondary offerings.

US IPOs and Secondary Offerings

PicPay Pre-IPO Revisited – Further Thoughts on Valuation

PicS N.V. (PICS): Lat-Am Fintech's Surging Revenue, Strong Metrics to Test the IPO Market

PicS N.V. (PICS): In Demand Lat-Am Fintech Opens Marginally Higher, Closes Flat

PicS N.V. (PICS): Peeking at the IPO Prospectus of Brazilian Digital Wallet Provider

IPOs and Secondary Offerings

Equity Capital Markets

<ul>
<li>PicS N.V. plans to offer 22.9 million primary shares at $16–$19, targeting a $2.1–$2.5 billion valuation ahead of a January 29 debut.</li>
<li>Profitable fintech platform with diversified revenue streams, raising ~$356 million to fund growth, regulatory capital, and the pending Kovr acquisition.</li>
<li>Backed by J&amp;F Investimentos with $75 million in anchor commitments, providing early book support amid mixed sentiment toward Latin American listings.</li>
</ul>


PicS N.V. plans to offer 22.9 million primary shares at $16–$19, targeting a $2.1–$2.5 billion valuation ahead of a January 29 debut.
Profitable fintech platform with diversified revenue streams, raising ~$356 million to fund growth, regulatory capital, and the pending Kovr acquisition.
Backed by J&amp;F Investimentos with $75 million in anchor commitments, providing early book support amid mixed sentiment toward Latin American listings.


PicS N.V. (PICS): Brazilian Digital Wallet Sets Terms Seeking $2.5b Valuation