Tagged: ipo

PPDAI IPOs at $13 Share

Chinese online lender PPDAI traded on the NYSE under ticker PPDF today after pricing shares at $13 each for their initial public offering. The IPO raised $221 million for the peer to peer lending platform with Credit Suisse and Citi acting as lead managers.  PPDAI… Read More

Encouraging Public Offerings Act of 2017 Will Make IPOs Easier in the US

HR 3903 or the “Encouraging Public Offerings Act of 2017″ may boost the moribund Initial Public Offering (IPO) market in the US. Passed by the US House of Representatives last week by a solid bipartisan vote of 419 to 0, the bill has three provisions designed… Read More

Ant Financial Puts IPO on Hold; Plans More Startups & Artificial Intelligence Investments

Chinese fintech and Alibaba-affiliated Ant Financial revealed this week it is putting its Initial Public Offering (IPO) plans on hold and is now focused on investing in more startups and artificial intelligence (AI). The news of Ant Financial’s plans comes less than a year after… Read More

Fat Brands Completes $24 Million Reg A+ IPO

FAT (Fresh. Authentic. Tasty.) Brands Inc., a global multi-brand restaurant franchising company, announced on Friday completed its Regulation A+ Initial Public Offering (IPO). The initiative, which raised $24 million throughthe sale of 2,000,000 shares priced at $12.00 per share, was launched earlier this summer and sought to achieve… Read More

Now Live: stREITwise’s Online REIT Reg A+ IPO for Diversified Real Estate Portfolio

stREITwise has launched a Regulation A+ IPO for its online commission-free real estate investment with direct investment on its own website. The company’s first Real Estate Investment Trust (REIT) – 1st stREIT Office – seeks to provide a diversified portfolio of institutional-quality office buildings with… Read More

SyndicateRoom Presents: The People’s Trust £125 Million IPO Target Raise

Members of the UK online investment platform SyndicateRoom now have the opportunity to partake in an upcoming IPO for The People’s Trust. The target for the raise is £125 million, with the company listing on London Stock Exchange and the Social Stock Exchange in October 2017. “We’re… Read More

Australia’s ASX Had 133 IPOs in 2016, the NYSE 37. Why is that?

Here is an interesting factoid, recently discovered. The ASX, or Australian Securities Exchange, the country’s primary market for trading securities is killing it in Initial Public Offerings in comparison to many of its global cousins. In fact, when you compare the ASX to some of… Read More

Global Restaurant Franchising Company FAT Brands Announces Plans to File Reg A+ Initial Public Offering

FAT (Fresh. Authentic. Tasty.) Brands Inc., a global multi-brand restaurant franchising company, announced on Thursday it is making plans to file a Regulation A+ initial public offering that allows anyone the opportunity to invest in its family of brands. The company’s portfolio of brands includes Fatburger, Buffalo’s Cafe,… Read More

Chicken Soup for the Soul Entertainment: Poised to Inspire the Next IPO Boom

It was the summer of 1995. Hootie and the Blowfish were on tour and Brad Pitt was People Magazine’s sexiest man alive. It was a time when salads were big and shirts were puffy. Microsoft released Windows 95, fueling a revolution that helped shape the… Read More

Look in the Mirror: Why the Number of Public Companies & IPOs are in Decline

  The decline in the number of public companies in the United States and the decline in the number of initial public offerings (IPOs) that occur each year are widely decried. It is irony that many who bemoan these changes are the very persons who… Read More

“Sarbanes-Oxley is Shutting Out Average Investors from the Early Growth Stages of the Next Cisco & Starbucks”

It is a fact that the number of public companies and the number of companies going public have dramatically decreased over the last 15 years. For private investors like High Net Worth Individuals or Venture Capitalists this has not been an issue. It is arguable… Read More

Vanishing IPOs: A Discussion Of The Causes, Cures & Implications

In a recent testimony to the Investor Advisory Committee of the Securities and Exchange Commission (SEC), Scott Kupor, CEO & Managing Partner of Andreessen Horowitz, a $6.5 billion multi-stage venture capital firm, gave an amazingly comprehensive and concise description of today’s vanishing IPO market, the… Read More

EY Tackles Declining IPO Market: The Decline is So Significant it Warrants Policy Action

EY presented last week at the SEC Investor Advocacy Committee meeeting. The topic of the morning discussion was the decline in IPOs. As part of the presentation a report by EY was distributed. During the dot-com peak in 1996, public listings in the US hit… Read More

Is Crowdfunding to Blame for the Decline of IPOs?

    In a recent article published in the Hastings Law Journal (embedded below), Duke University School of Law Associate Professor Elisabeth de Fontenay discusses the relationship between the recent decline of IPOs and the deregulation of private capital. Professor Fontenay also spoke at the… Read More

Reg A+ Issuer MyomoTrades Up Following Listing on NYSE MKT

It has been one week since Myomo (NYSE:MYO) became the first Reg A+ issuer to successfully crowdfund and then list on NYSE MKT.  But since listing on the public exchange, Myomo has moved in the right direction.  The shares have rocketed from an issue price of… Read More

Fintech Firm Alfa Financial Raises $1.2 Billion in IPO, UK’s Largest of 2017

On Friday of last week, London-based fintech firm Alfa Financial Software’s shares began being publically traded on the London Stock Exchange. Shares opened at 325 pence, giving the company an initial valuation of about 975 million pounds or US $1.2 billion, making it the UK’s… Read More

Chinese Celebrity-Backed Fintech Firm QuantGroup Considering US IPO

Fintech company QuantGroup, which was founded by several notable Chinese movie stars, is considering a US IPO, according to an article published in Bloomberg last week. The firm is looking to raise an estimated $200 million according to unnamed sources. Major Star Power The Beijing-based… Read More

China Rapid Finance Unveils Full Exercise of Underwriters’ Option For the Purchase of Additional ADSs

On Thursday, peer-to-peer lender China Rapid Finance (NYSE: XRF) that the underwriters of its previously announced initial public offering (IPO) have exercised in full the option to purchase an additional 1.5 million American depositary shares (“ADSs”) from China Rapid Finance to cover over-allotments. According to… Read More

China Rapid Finance Announces IPO Pricing of 10 Million American Depositary Shares

Peer-to-peer lender China Rapid Finance announced on Friday the pricing of its initial public offering (IPO) for 10 million American depositary shares (ADS). The company revealed each ADS was priced at $6.00,  with a total offering size of US$60 million. According to the Asian online lender, each… Read More

SEC & NYU Partner on Event Tackling Moribund IPO Market

The Securities and Exchange Commission is partnering with New York University on an event tackling the topic of the declining initial public offering market (IPO). Organized under the auspices of the SEC’s Division of Economic Risk Analysis (DERA), the half day dialogue is being held… Read More