Tagged: ipo

December 14, 2014 @ 11:01 pm By Dara Albright  |  

Marking another watershed moment for crowdfinance, the initial public offering of Lending Club (NYSE: LC), the world’s largest online P2P (“peer-to-peer “) marketplace connecting borrowers with lenders, was priced on Wednesday at $15 per share (a $5.4 billion valuation) – far above its pre-roadshow expected… Read More

December 11, 2014 @ 3:27 pm By JD Alois  |  

The highly anticipated Lending Club (LC:NYSE) IPO rocketed out of the gate today at over $24 /shares.  The valuation for a company that has processed over $6 billion in loans but has barely made a profit brought excitement back to the big board today as… Read More

December 11, 2014 @ 1:46 pm By Samantha Hurst  |  

Earlier this morning, Crowdfund Insider reported that Lending Club, the largest peer to peer lender in the world, announced it will finally be listing shares today as its public offer trades on the New York Stock Exchange. The platform’s IPO will be  trading under the symbol… Read More

December 11, 2014 @ 4:50 am By JD Alois  |  

Lending Club, the largest peer to peer lender in the world, will finally list shares today as their public offer trades on the New York Stock Exchange.  Trading under the symbol “LC”, this IPO is described as a bellwether for the entire P2P lending industry…. Read More

December 8, 2014 @ 11:47 pm By JD Alois  |  

The largest peer to peer lending platform on the planet, Lending Club, will finally trade shares later this week as the highly anticipated IPO hits the screens of the New York Stock Exchange.  As many industry followers have expected, the projected price per share has… Read More

December 1, 2014 @ 12:52 pm By JD Alois  |  

In an amended S1 filing today, Lending Club revealed the proposed maximum offering price per share, along with the aggregate offering amount.  The document filed with the SEC indicates 57,700,000 shares may be sold at a price of up to $12 / share.  The prospectus… Read More

November 16, 2014 @ 10:00 pm By JD Alois  |  

In an article published on PEHub this past week, the author stated that according to several sources Lending Club is also considering a buyer and is “pursuing a dual track”.  Lending Club announced that it had filed for an Initial Public Offer this past August. … Read More

November 10, 2014 @ 6:19 pm By JD Alois  |  

OnDeck, an online platform for small business lending, has  announced that it has filed an S-1 registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. OnDeck has applied to list its common stock on the New… Read More

October 19, 2014 @ 9:29 pm By JD Alois  |  

Peer to peer lending platform Lending Club has selected the New York Stock Exchange as their venue to list the much anticipated initial public offering. According to multiple reports, but first advanced in the FT, Lending Club has followed the path of several high profile… Read More

September 30, 2014 @ 10:52 am By Erin Hobey  |  

IPO marks the first equity crowdfunded company to complete successful public offering OurCrowd, the leading hybrid venture capital equity crowdfunding platform for accredited investors, announced today that its portfolio company ReWalk Robotics (RWLK) has completed its successful IPO on the NASDAQ. The company issued 3,450,000… Read More

September 14, 2014 @ 12:26 pm By JD Alois  |  

Leading global equity crowdfunding platform OurCrowd enjoyed some very public success this past week as Rewalk, one of the portal’s early portfolio holdings, has begun trading on the NASDAQ.  The initial public offering (IPO) was listed at $12 per share with a 3 million share… Read More

June 30, 2014 @ 12:28 pm By JD Alois  |  

While attending the CFGE Conference in New York City last week I was able to sit in on a presentation by Anthony Zeoli regarding the “vanishing middle market IPO”.  Anthony is a securities attorney who is championing the cause of intrastate crowdfunding in Illinois –… Read More

March 5, 2014 @ 10:38 am By Kendall Almerico  |  

A recently Marist-McClatchy poll found that eight out of 10 Americans no longer believe they can achieve the American Dream. Almost the same percentage of those polled said that things will not get better for future generations. The level of pessimism regarding the present economy… Read More

February 3, 2014 @ 3:30 am By Charles Luzar  |  

In the ever-growing crowdfunding community, peer lending reigns supreme. A TD Economics report we covered last week estimates the size of the global crowdfunding industry at somewhere between $3 and $5 billion in 2013. Of the sites responsible for this emergent shift in capital access,… Read More

December 12, 2013 @ 9:54 am By Charles Luzar  |  

Annemarie Tierney is General Counsel for SecondMarket, an online marketplace for buying and selling illiquid assets in the United States. SecondMarket burst onto the scene during the run-up to the Facebook IPO by facilitating transactions in Facebook shares sold by Facebook employees to members of… Read More

November 14, 2013 @ 12:24 pm By Charles Luzar  |  

Lending Club has appointed two indivials to their advisory board: Michael S. Barr, law professor at the University of Michigan and a senior fellow at the Center for American Progress and at the Brookings Institution, and senior Google executive Jeff Huber. Barr served from 2009-2010 as the U.S. Department… Read More

October 12, 2013 @ 2:03 pm By Equidam  |  

Who, among the entrepreneurs reading this post, feels confident in explaining what an IPO is? Sure, you probably know the meaning: Initial Public Offering. You might know it is the process that brings companies to be traded in public stock exchanges. In a nutshell, via… Read More

March 28, 2013 @ 8:56 am By Jessica Holzer  |  

WASHINGTON—The so-called JOBS Act is yet to deliver a big boost to initial public offerings. The one-year-old law, officially the Jumpstart Our Business Startups Act, was aimed at helping companies with less than $1 billion in sales go public. But IPOs of such companies in… Read More

February 21, 2013 @ 8:32 am By Zachary M Seward  |  

Twitter is expected to file for an initial public offering in late 2013 or early 2014. That much is widely known. Less attention has been paid to whether Twitter will make a normal IPO filing or if, as new rules allow, the company will try to go public… Read More