U.S. IPO market braces for 17 deals this week, and at least two of them are worth more than $1 billion
The U.S. initial public offering is gearing up for another busy week with 17 deals on tap and at least two expected to raise more than $1 billion.
The biggest deal is that of Chinese logistics company Full Truck Alliance YMM,which priced early Tuesday and raised $1.56 billion. The company sold 82.5 million American depositary shares in the IPO, which priced at $19 per ADS, the top of the expected pricing range of $17 to $19.