In mid-November, it postponed its deal, coming back two weeks later with an even lower price and an increase in shares. Xencor completed its IPO on Dec. 3, 2013, pricing 12.7 million shares at $5.50 a share to raise $70 million. While it raised almost as much capital as it had ...
BITCOIN ETF COMING IN 2024?:Bitcoin has gained over 153% this year, making it one of the top-performing asset classes of 2023, and there is reason to believe the Securities and Exchange Commission is close to approving the first spot Bitcoin ETF in early 2024, which could send the cr...
Delimobil, which operates a total fleet of more than 16,000 vehicles in Russia, first announced IPO plans in 2019, saying it would float a 40% stake. The sources did not say whether the $350-million target for this autumn corresponded to 40% of t...
5: The number of days Amazon (AMZN, Nasdaq) staff will have to work in their offices each week. Previous efforts from the company to mandate a return to the office have encountered resistance. The one you didn’t see coming We spotlight the story that had everyone talking and social media...
Around 20 companies from Asia Pacific are listing shares this week in deals that may raise as much as $8.3 billion, the biggest weekly volume since April 2022, according to data compiled by Bloomberg. The heavy supply includes deals from China, India and Japan, underscoring the broad reviv...
(NASDAQ:ACAM), a Miami, Florida-based SPAC that was formed in 2018 and went public with a $300 million IPO in 2019. Deutsche Bank and Barclays are also helping CarLotz go public. The IPO should take place before the end of the year — and could happen as soon as this week....
california firm is looking to raise up to $55.2 million in a 4-million-share offering underwritten by credit suisse first boston. backweb technologies could draw a lot of attention. the israeli internet software company will go public with a 5.5-million-share offering in the coming week. along...
More coming: next week's big IPO,Pinnacle Foods (PF), expected to price 29 million shares at $18-$20, one of the larger IPOs we have seen this year: we're talking famous brand names like Birdseye, Aunt Jemima, Vlasic pickles. Blackstone took them private in 2007. ...
However, there was no SPAC issuance last week nor any so far this week, as performance has lagged considerably from its run last year. "Given the collapse in performance since late February, it's no surprise the register has stopped ringing," ...
Alarmed at this flood of new shares coming in through the back door, often with far less regulatory scrutiny than traditional IPOs, the CSRC was rumored last week to be planning drastic action by potentially shutting down such listings completely. (English article;Chinese article) The CSRC respond...