Monday.com jumped in its U.S. debut after the workplace management software maker raised $574M in its initial public offering. Meanwhile, Marqeta's shares also soared on their first day of trading on Wednesday.

LATEST IPOS AND DIRECT LISTINGS

Janux Therapeutics (JANX) opened on June 11 at $34. The company had priced 11.4M shares at $17.00. The deal size was increased to 11.4M shares from 9.5M shares and priced at the high-end of the $15.00-$17.00 range. BofA, Cowen and Evercore ISI acted as joint book running managers for the offering. Janux Therapeutics is a biotechnology company developing cancer treatments.

TaskUs (TASK) opened on June 11 at $27.55. The company had priced 13.2M shares at $23.00. The deal priced at the midpoint of the $22.00-$24.00 range. Goldman Sachs and JPMorgan acted as joint book running managers for the offering. TaskUs provides business process outsourcing labor and related services to organizations worldwide.

Kanzhun (BZ) opened on June 11 at $33.50. The company had priced 48M shares at $19.00. The deal priced at the high end of the $17.00-$19.00 range. Goldman Sachs, Morgan Stanley and UBS acted as joint book running managers for the offering. Kanzhun owns and operates Boss Zhipin, an online recruitment platform in China.
 
Monday.com (MNDY) opened on June 10 at $173.15. The company had priced 3.7M shares at $155.00, above the $125.00-$140.00 range. Goldman Sachs and JPMorgan acted as joint book running managers for the offering. Monday.com is an Israel-based project management tool developer.

LifeStance (LFST) opened on June 10 at $20. The company had priced 40M shares at $18.00, above the $15.00-$17.00 range. Morgan Stanley, Goldman Sachs, JPMorgan and Jefferies acted as joint book running managers for the offering. LifeStance Health is a provider of virtual and in-person outpatient mental health care for children, adolescents and adults experiencing a variety of mental health conditions.

Zeta Global (ZETA) opened on June 10 at $9.01. The company had priced 21.5M shares at $10.00. The deal size was reduced to 21.5M shares from 22.73M shares and priced at the bottom of the $10.00-$12.00 range. Morgan Stanley, BofA, Credit Suisse and Barclays acted as joint book running managers for the offering. Zeta Global is a data-driven, cloud-based marketing technology company.

1stDibs (DIBS) opened on June 10 at $21.50. The company had priced 5.75M shares at $20.00. The deal priced inside the $18.00-$21.00 range. BofA and Barclays acted as joint book running managers for the offering. 1stDibs is an online marketplace for connecting design lovers with sellers and makers of vintage, antique, and contemporary furniture, home decor, art, jewelry, watches and fashion.

AcuityAds (ATY) opened on June 10 at $11.10. The company provides targeted digital media solutions enabling advertisers to connect intelligently with audiences across digital advertising channels, priced its previously-announced marketed public offering of common shares in the United States and Canada. The underwriters agreed to purchase, at a price of $10.15 per share, an aggregate of 4,926,109 common shares from the company for aggregate gross proceeds of about $50M.

Marqeta (MQ) opened on June 9 at $32.50. The company had priced 45.5M shares at $27.00, above the $20.00-$24.00 target range. Goldman Sachs and JPMorgan acted as joint book running managers for the offering. Marqeta operates a payment-card platform used by companies such as Affirm Holdings (AFRM) and DoorDash (DASH).

Zhangmen Education (ZME) opened on June 8 at $16.13. The company had priced 3.623M shares at $11.50. The deal range was $11.00-$13.00. Morgan Stanley and Credit Suisse acted as joint book running managers for the offering. Zhangmen Education is an online education company in China focused on providing personalized online courses to K-12 students.

PERFORMANCE:

• Janux Therapeutics ended the week at $25.15.
• TaskUs finished Friday at $31.09.
• After opening at $33.50, Kanzhun ended the week at $37.20.
• Monday.com finished Friday at $189.31.
• LifeStance ended the week at $24.
• After opening at $9.01, Zeta Global finished Friday at $8.27.
• 1stDibs ended the week at $24.11.
• AcuityAds finished Friday at $11.62.
• After opening at $32.50, Marqeta ended the week at $31.50.
• Zhangmen Education finished Friday at $13.43.

RECENT IPOS TO WATCH:

Procore (PCOR) and Oatly Group (OTLY) are among stocks that could see new coverage roll out this upcoming week as the quiet periods for banks that underwrote the companies' IPOs expire.

UPCOMING IPOs

Upcoming IPO and direct listings expected include Didi Chuxing (DIDI), Qiniu (QNIU), NerdWallet,  Sprinklr, Save Foods (SVFD), Regencell Bioscience (RGCB), Elevation Oncology (ELEV), Camposol (CMSL), WalkMe (WKME), Rivian, Krispy Kreme (DNUT), and Clear Secure (YOU).

On June 10, China's largest ride-hailing service, Didi Chuxing, officially filed for an initial public offering through underwriters Goldman Sachs (GS), Morgan Stanley (MS) and J.P. Morgan (JPM). The company intends to list American depositary shares on the Nasdaq Stock Market or New York Stock Exchange under the symbol "DIDI." It stated that, "We are the world's largest mobility technology platform. We re-imagine urban living using transformative technologies to make mobility safe, affordable, convenient, and sustainable. We have been strategically building four key components of our platform that work together to improve the consumer experience: shared mobility, auto solutions, electric mobility and autonomous driving."

On May 28, Bloomberg reported that Rivian, which is backed by Amazon (AMZN) and Ford (F), is said to seek about $70B in a potential IPO and has picked the banks to underwrite the deal, according to Bloomberg. Goldman Sachs, JPMorgan and Morgan Stanley are among those said to be selected to work on bringing the company public, reported Bloomberg's Kiel Porter, Katie Roof, and Edward Ludlow, citing people familiar with the matter.

On April 30, Qiniu filed with the SEC for an initial public offering of its American depositary shares, or ADSs. The company said in its filing with the SEC that it intends to apply to list the ADSs representing its Class A ordinary shares on the Nasdaq Global Select Market under the symbol "QNIU." Qiniu describes itself as "China's leading cloud-based Platform-as-a-Service provider as measured by revenue in 2020, focusing on media and machine data, pioneering an integrated, one-stop 'cloud + data' platform that empowers enterprise customers across a wide spectrum of industries."

On May 14, Reuters reported that consumer financial advice website owner NerdWallet has hired a group of investment banks, led by Morgan Stanley, to arrange an initial public offering and confidentially submitted paperwork to SEC in advance of its plans to come public. The personal finance startup aims to go public before the end of the year and could seek a valuation of as much as $5B, Reuters' sources reportedly said.

Sprinklr has also announced the confidential submission of draft registration statement for proposed initial public offering. With the filing, Sprinklr is the latest high-profile start-up to seek an IPO. Sprinklr is a customer experience company.

Save Foods has filed with the SEC for an initial public offering and applied to list its common stock on the Nasdaq Capital Market under the symbol "SVFD." The common stock is currently traded on the OTC Markets, Pink Open Market, under the symbol "SAFO." Save Foods develops products to improve the food safety and shelf life of fresh produce.

Regencell Bioscience has filed a prospectus with the SEC for an initial public offering of its ordinary shares and has applied to list its ordinary shares on the Nasdaq Capital Market under the symbol "RGCB." Regencell Bioscience Holdings is developing formulations of traditional Chinese medicine for ADHD and ASD.

Camposol Holding, a global provider of fresh and healthy foods, has filed with the SEC regarding a planned initial public offering.

WalkMe announced that it has filed a registration statement on Form F-1 with the SEC relating to a proposed initial public offering of its ordinary shares. The number of shares to be offered and the price range for the proposed offering have not yet been determined. WalkMe has applied to list its ordinary shares on the Nasdaq Global Select Market under the ticker symbol "WKME."

Krispy Kreme has filed a Registration Statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock. The initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions.

Elevation Oncology has filed for an initial public offering under symbol "ELEV." Elevation Oncology aims "to make genomic tests actionable" by selectively developing drugs to inhibit the specific alterations that have been identified as drivers of tumor growth. Its lead candidate, seribantumab, is currently being evaluated in the Phase 2 CRESTONE study for patients with solid tumors of any origin that have an NRG1 gene fusion.

Clear Secure has filed with the SEC for an initial public offering of shares of Class A common stock and intends to apply to list the Class A common stock on the New York Stock Exchange under the symbol "YOU."

OTHER IPO-RELATED NEWS

Help at Home is exploring going public as soon as this year to capitalize on surging demand for home-based care, Bloomberg's Michelle Davis and Gillian Tan reported, citing people familiar with the matter. The company has selected banks to help it prepare a listing, the people said.

Robinhood (HOOD) is aiming to go public in July following its previous June plans falling through, Katie Roof and Crystal Tse of Bloomberg reported, citing people familiar with the matter. Robinhood is said to have the timeframe of sometime after the July 4 weekend in mind.