Bulletin
Investor Alert

Market Pulse Archives

Jan. 25, 2021, 11:11 a.m. EST

Cole Haan withdrew IPO plans 11 months after filing to go public

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Renaissance IPO ETF (IPO)
  • X
    S&P 500 Index (SPX)

or Cancel Already have a watchlist? Log In

By Tomi Kilgore

Cole Haan Inc. has given up plans to go public, at least for now, 11 months after it filed for an initial public offering. The New Hampshire-based shoes and accessories company disclosed late Friday that it has applied for the withdrawal of its S-1 registration statement with the Securities and Exchange Commission, which it filed on Feb. 14, as it determined not to proceed with the IPO. The company did not provide a reason for the withdrawal. Cole Haan had not yet set terms of the IPO. The company's withdrawal comes at a time of strong investor interest in IPOs, as the Renaissance IPO ETF /zigman2/quotes/207665280/composite IPO +0.05% has rallied 26.4% over the past three months while the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.95% has gained 9.7%.

/zigman2/quotes/207665280/composite
US : U.S.: NYSE Arca
$ 62.03
+0.03 +0.05%
Volume: 846,915
March 5, 2021 8:00p
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,841.94
+73.47 +1.95%
Volume: 3.33B
March 5, 2021 5:44p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.