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

Circle IPO Analysis (Second Largest Issuer of Stablecoins Globally)

Circle Internet Group (CRCL): Wall Street Pounces on Stable Coin Powerhouse, IPO Pops 235%

Circle Internet Group (CRCL US): Rounded US & Global Index Inclusion & Upweight

Circle Internet Group (CRCL): Peeking at the IPO Prospectus of Stablecoin Powerhouse Company

Circle Internet Group (CRCL): Acquisition Target Moves Ahead with IPO

IPOs and Secondary Offerings

Equity Capital Markets

Circle Internet Group / Equity Capital Markets

<ul>
<li>Circle Internet locked down a pair of anchor orders ahead of next week's IPO which is already oversubscribed.</li>
<li>Circle posted $122m of adjusted Ebitda in Q12025 while growing revenue by 58% to $579m. </li>
<li>The combination of anchor orders, an attractive valuation, growing metrics and a tailwind from the Trump administration all tilt the risk-reward profile in a positive direction.</li>
</ul>


Circle Internet locked down a pair of anchor orders ahead of next week's IPO which is already oversubscribed.
Circle posted $122m of adjusted Ebitda in Q12025 while growing revenue by 58% to $579m. 
The combination of anchor orders, an attractive valuation, growing metrics and a tailwind from the Trump administration all tilt the risk-reward profile in a positive direction.


サークル・インターネット・グループ（CRCL）：アークとブラックロックが超過応募のステーブルコインIPOを主導