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5 Cos. Price IPOs Totaling $959M Despite Market Turbulence

Law360 (February 8, 2018, 5:45 PM EST) -- Four operating businesses and a blank check company priced initial public offerings that began trading Thursday after raising $959 million at various points in their price ranges, completing deals despite renewed market volatility.

Cactus Inc., a maker of wellheads and pressure control equipment used in drilling, led the latest batch of IPOs with an upsized deal that raised $437 million after pricing at the top of its range. Cactus, represented by Vinson & Elkins LLP, offered 23 million shares at $19 each. The company previously said...
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