Corporate
Investment Banking

Rice Financial has underwritten nearly $80 billion in taxable bond issues, providing corporations the investment banking expertise they need to efficiently access the bond markets. We have also participated in more than $50 billion of IPOs.

Across both the taxable and tax-exempt bond markets, Rice Financial’s many corporate clients have included major airlines like American and Continental, healthcare companies such as Barnabas Health, Baylor Health Care System, Jackson Health System and Princeton HealthCare System, and numerous independent companies.

Rice is also an active underwriter and selling group member in IPOs.  The more than $50 billion in IPOs we have taken part in since 2021 include $10.6 billion in SPACs and dozens of IPOs in the apparel, biotech, entertainment, food services, healthcare, renewable energy, technology and utility sectors.

Transaction Highlights

Birkenstock Holding PLC

$1,483,870,944

Trading Symbol: BIRK
Initial Public Offering
October 11, 2023

Total Offering:
$1,483,870,944
32,258,064 Shares

IPO Participant

Permian Resources Corp.

$279,922,500

Trading Symbol: PR
Initial Public Offering
September 20, 2023

Total Offering:
$279,922,500
21,450,000 Shares

IPO Participant

Neumora Therapeutics, Inc.

$250,070,000

Trading Symbol: NMRA
Initial Public Offering
September 15, 2023

Total Offering:
$250,070,000
14,710,000 Shares

IPO Participant

Crinetics Pharmaceuticals, Inc.

$350,000,012

Trading Symbol: CRNX
Initial Public Offering
September 13, 2023

Total Offering:
$350,000,012
11,441,648 Shares

IPO Participant

LegalZoom.com, Inc.

$140,000,000

Trading Symbol: LZ
Initial Public Offering
September 7, 2023

Total Offering:
$140,000,000
14,000,000 Shares

IPO Participant

QuantumScape Corp.

$300,000,000

Trading Symbol: QS
Initial Public Offering
August 4, 2023

Total Offering:
$300,000,000
37,500,000 Shares

IPO Participant

Gates Industrial Corp. PLC

$264,375,000

Trading Symbol: GTES
Initial Public Offering
May 18, 2023

Total Offering:
$264,375,000
22,500,000 Shares

IPO Participant

Alight, Inc.

$414,000,000

Trading Symbol: ALIT
Initial Public Offering
March 2, 2023

Total Offering:
$414,000,000
46,000,000 Shares

Co-Manager

AerCap Holdings N.V.

$1,345,500,000

Trading Symbol: AER
Initial Public Offering
March 9, 2023

Total Offering:
$1,345,500,000
23,000,000 Shares

IPO Participant

Revolution Medicines, Inc.

$300,000,000

Trading Symbol: RVMD
Initial Public Offering
March 3, 2023

Total Offering:
$300,000,008
13,363,364 Shares

IPO Participant

Enlight Renewable Energy Ltd.

$252,000,000

Trading Symbol: ENLT
Initial Public Offering
February 10, 2023

Total Offering:
$252,000,000
14,000,000 Shares

IPO Participant

Nextracker Inc.

$638,400,000

Trading Symbol: NXT
Initial Public Offering
February 9, 2023

Total Offering:
$638,400,000
26,600,000 Shares

IPO Participant

Xponential Fitness Inc.

$122,500,000

Trading Symbol: XPOF
Initial Public Offering
February 8, 2023

Total Offering:
$122,500,000
5,000,000 Shares

IPO Participant

Paragon 28, Inc.

$110,500,000

Trading Symbol: FNA
Initial Public Offering
January 26, 2023

Total Offering:
$110,500,000
6,500,000 Shares

IPO Participant

Novavax, Inc.

$125,000,000

Trading Symbol: NVAX
Initial Public Offering
December 16, 2022

Total Offering:
$125,000,000
12,500,000 Shares

IPO Participant

New Fortress Energy Inc.

$317,400,000

Trading Symbol: NFE
Initial Public Offering
December 15, 2022

Total Offering:
$317,400,000
6,900,000 Shares

IPO Participant

Shoals Technologies Group, Inc.

$578,500,000

Trading Symbol: SHLS
Initial Public Offering
December 2, 2022

Total Offering:
$578,500,000
26,000,000 Shares

IPO Participant

Alight, Inc.

$155,000,000

Trading Symbol: ALIT
Initial Public Offering
November 15, 2022

Total Offering:
$155,000,000
20,000,000 Shares

Co-Manager

VICI Properties Inc.

$509,850,000

Trading Symbol: VICI
Initial Public Offering
November 4, 2022

Total Offering:
$509,850,000
16,500,000 Shares

IPO Participant

Relay Therapeutics, Inc.

$300,000,000

Trading Symbol: RLAY
Initial Public Offering
September 13, 2022

Total Offering:
$300,000,000
11,320,755 Shares

IPO Participant

EF Hutton Acquisition Corp I

$100,000,000

Trading Symbol: EFHTU
Initial Public Offering
September 9, 2022

Total Offering:
$100,000,000
10,000,000 Units

IPO Participant

Pono Capital Two, Inc.

$100,000,000

Trading Symbol: PTWOU
Initial Public Offering
August 5, 2022

Total Offering:
$100,000,000
10,000,000 Units

IPO Participant

Portillo’s Inc.

$190,000,000

Trading Symbol: PTLO
Initial Public Offering
August 12, 2022

Total Offering:
$190,000,000
8,000,000 Shares

IPO Participant

Sovos Brands, Inc.

$119,000,000

Trading Symbol: SOVO
Initial Public Offering
August 11, 2022

Total Offering:
$119,000,000
8,500,000 Shares

IPO Participant

Evertec, Inc.

$200,393,376

Trading Symbol: EVTC
Initial Public Offering
August 11, 2022

Total Offering:
$200,393,376
6,262,293 Shares

IPO Participant

Netstreit Corporation

$181,800,000

Trading Symbol: NTST
Initial Public Offering
August 4, 2022

Total Offering:
$181,800,000
9,000,000 Shares

IPO Participant

Verve Therapeutics Inc.

$225,000,018

Trading Symbol: VERV
Initial Public Offering
July 21, 2022

Total Offering:
$225,000,018
8,333,334 Shares

IPO Participant

Pliant Therapeutics Inc.

$200,000,004

Trading Symbol: PLRX
Initial Public Offering
July 13, 2022

Total Offering:
$200,000,004
10,810,811 Shares

IPO Participant

Day One Biopharmaceuticals, Inc.

$150,000,000

Trading Symbol: DAWN
Initial Public Offering
June 15, 2022

Total Offering:
150,000,000
10,000,000 Shares

IPO Participant

American Tower Corporation

$2,137,600,000

Trading Symbol: AMT
Initial Public Offering
June 3, 2022

Total Offering:
$2,137,600,000
8,350,000 Shares

IPO Participant

ProFrac Holding Corporation

$288,000,000

Trading Symbol: PFHC
Initial Public Offering
May 13, 2022

Total Offering:
$288,000,000
16,000,000 Shares

IPO Participant

Freshpet, Inc.

$350,000,000

Trading Symbol: FRPT
Initial Public Offering
May 4, 2022

Total Offering:
$350,000,000
4,320,000 Shares

IPO Participant

HilleVax, Inc.

$200,005,000

Trading Symbol: HLVX
Initial Public Offering
April 29, 2022

Total Offering:
$200,005,000
11,765,000 Shares

IPO Participant

Sound Point Acquisition

$225,000,000

Trading Symbol: SPCMU
Initial Public Offering
March 2, 2022

Total Offering:
$225,000,000
22,500,000 Shares

IPO Participant

Evergreen Corporation

$100,000,000

Trading Symbol: EVGRU
Initial Public Offering
February 9, 2022

Total Offering:
$100,000,000
10,000,000 Shares

IPO Participant

PIMCO Access Income Fund

$1,000,000,000

Trading Symbol: PAXS
Initial Public Offering
January 27, 2022

Total Offering:
$1,000,000,000
50,000,000 Shares

IPO Participant

bleuacacia ltd

$240,000,000

Trading Symbol: BLEUU
Initial Public Offering
November 18, 2021

Total Offering:
$240,000,000
24,000,000 Shares

Co-Manager

TaskUs Inc.

$766,919,980

Trading Symbol: TASK
Initial Public Offering
October 21, 2021

Total Offering:
$766,919,980
12,077,480

IPO Participant

Avantor Inc.

$875,000,000

Trading Symbol: AVTR
Initial Public Offering
September 14, 2021

Total Offering:
$875,000,000
20,833,333 Shares

IPO Participant

Certara Inc.

$620,000,000

Trading Symbol: CERT
Initial Public Offering
September 9, 2021

Total Offering:
$620,000,000
20,000,000 Shares

IPO Participant

Dole Plc

$400,000,000

Trading Symbol: DOLE
Initial Public Offering
July 30, 2021

Total Offering:
$400,000,000
25,000,000 Shares

IPO Participant

Paycor HCM Inc.

$426,000,000

Trading Symbol: PYCR
Initial Public Offering
July 21, 2021

Total Offering:
$426,000,000
18,500,000 Shares

IPO Participant

HCW Biologics, Inc.

$65,000,000

NASDAQ: HCWB
Initial Public Offering
July 20, 2021

Total Offering:
$65,000,000
8,125,000 Shares

IPO Participant

Black Spade Acquisition Company

$150,000,000

NYSE: BSAQ.UT
Initial Public Offering
July 20, 2021

Total Offering:
$150,000,000
15,000,000 Units

IPO Participant

Tuya, Inc.

$915,390,000,000

NYSE: TUYA
Initial Public Offering
March 18, 2021

Total Offering:
$915,390,000,000
43,590,000 ADSs

IPO Participant

Curtis Harris

Contact

Curtis Harris
Managing Director

(212) 908-9222
curtis.harris@ricefin.com