7 Firms Steer 3 More IPOs Totaling $909M In Red-Hot Market

Law360 (September 16, 2020, 9:16 PM EDT) -- Software tools provider JFrog, private markets investment firm StepStone and biotechnology firm Metacrine on Wednesday raised a total of $909 million in three initial public offerings, two of which priced above their ranges, tapping the services of seven law firms amid a furious week for capital markets.

JFrog Ltd., advised by Wilson Sonsini Goodrich & Rosati PC on U.S. legal matters and Meitar Law Offices on Israeli legal matters, raised $509 million after selling 11.6 million shares at $44 each. JFrog's IPO price came above its upwardly revised range of $39 to $41.

StepStone Group Inc., advised by Gibson Dunn &...

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