Weber , which went public in August 2021 and is trading at half its offering price, is the latest example of a recent IPO to attract a bid to go private.
Recent IPOs ducking for the door First, to understand why we selected these criteria, let's look at the recent deals.
Kennedy Lewis' $4 per share cash offer was an 83% premium to F45's closing price ahead of the deal announcement, even though it was far below the stock's $16 IPO price.
Even with the lift from the deal news, shares are only trading at less than half its $14 IPO price.
Private equity company AEA Investors had a 28.4% stake in the company, and CEO Jeremy Andrus owns an 11% stake, according to FactSet.