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

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

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

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

IPOs and Secondary Offerings

Equity Capital Markets

<ul>
<li>Operational execution remains solid with quarter-over-quarter revenue and sales growth, but improving fundamentals have yet to translate into stronger share performance. </li>
<li>The IPO-day high of $19.95 remains the stock's 180-day peak, with shares falling to $8.32 before recovering modestly.</li>
<li>Investor skepticism toward Brazilian fintechs and fierce industry competition continue to weigh on valuation despite positive business momentum.</li>
</ul>


Operational execution remains solid with quarter-over-quarter revenue and sales growth, but improving fundamentals have yet to translate into stronger share performance. 
The IPO-day high of $19.95 remains the stock's 180-day peak, with shares falling to $8.32 before recovering modestly.
Investor skepticism toward Brazilian fintechs and fierce industry competition continue to weigh on valuation despite positive business momentum.


PicS (PICS US): Six Months Later: Opening Day Was as Good as It Got