2025 IPO Pricing and Performance

IPO - Pricing (21)
Credit Suisse

Date	Company Name	Sector	Price ($)	Size (M)	1	2	3	Turnover	Gain
						UnderWriters*
Dec 12	Workiva Inc.	Technology	14	7	CS	MS		69.9%	-1.8%
Nov 18	STORE Capital C	Consumer-Services	18.5	27	CS	GS	MS	37.3%	5.4%
Nov 7	Freshpet Inc.	Consumer-Non-Durables	15	10	CS	GS		95.3%	27.4%
Nov 6	Coherus BioScie	Health-Care	13.5	6	CS	JPM		54.5%	-6.6%
Oct 2	Atento S.A.	Public-Utilities	15	10	BITA	CS	MS	70%	-13.6%
Sep 19	Alibaba Group H	Miscellaneous	68	320	CITI	CS	DB	84.9%	38.1%
Jul 18	Globant S.A.	Technology	10	5	CITI	CS	JPM	70.9%	12.5%
Jun 25	Materialise NV	Technology	12	8	CS	PPRJ		75.9%	-3.7%
Jun 18	Viper Energy Pa	Energy	26	5	BRCL	CS	WLFG	19.6%	24.4%
May 15	Zendesk Inc.	Technology	9	11	CS	GS	MS	75.8%	49.2%
May 9	Tuniu Corporati	Consumer Services	9	8	CRNS	CS	MS	77.8%	11.9%
May 8	Cheetah Mobile	Technology	14	12	CS	JPM	MS	64.1%	0.7%
May 7	GasLog Partners	Consumer-Services	21	8	CITI	CS	WLFG	55.9%	24.3%
Apr 17	Sportsman`s War	Consumer-Services	9.5	12	CS	GS		44.5%	2.6%
Apr 17	Leju Holdings L	Finance	10	10	CS	JPM	MQRE	89.8%	18.6%
Apr 14	Weibo Corporati	Technology	17	16	CS	GS	GS	194.9%	19.1%
Apr 3	Tarena Internat	Consumer-Services	9	15	CS	GS		78.4%	0.7%
Mar 28	2U Inc.	Technology	13	9	CS	GS		103.2%	7.5%
Mar 20	Akebia Therapeu	Health-Care	17	5	CS			79.5%	57.1%
Mar 20	MediWound Ltd.	Consumer-Durables	14	5	BMO	CS	JEFF	108%	23.4%
Jan 31	Trevena Inc.	Health-Care	7	9	CITI	CS	JPM	33.9%	-7.1%

* Lead manager or one of top three managers in an underwriting team.