Tagged: nasdaq

P2P Lender Hexindai will Ring NASDAQ Bell Today as Shares Trade in IPO

Hexindai Inc. (NASDAQ: HX) a peer to peer lending platform operating in China, priced and closed its initial public offering (IPO) of 5,000,000 American depositary shares at $10 per ADS raising $50.0 million. Each ADS represents one ordinary share of the Company. The shares commence trading on the… Read More

XBT Provider By CoinShares Launches Two Ether Tracking, Exchange Traded Notes on NASDAQ Stockholm

On Wednesday, XBT Provider by CoinShares announced two of its newly launched ether tracking will exchange traded notes on the NASDAQ Stockholm. According toXBT Provider, the two ETNs, COINETH, and COINETHE are denominated in SEK and EUR respectively. In similar fashion to the group’s bitcoin ETNs,… Read More

Arcimoto Trades on NASDAQ Under Ticker FUV following Reg A+ Crowdfunding

As expected, Arcimoto has successfully listed on the NASDAQ under ticker symbol “FUV” for “Fun Utility Vehicle”. Arcimoto was able to launch a “mini-IPO” by utilizing updated securities rules created by the JOBS Act of 2012. Arcimoto raised $19.5 million crowdfunding under Reg A+, selling… Read More

Arcimoto Raises $20 Million in Reg A+ Crowdfunding Offer, Will Trade on NASDAQ Under Symbol FUV

Arcimoto says it raised almost $20 million in a Reg A+ crowdfunding round that closed on September 15th on WRHambrecht. Arcimoto said the company was shooting for $10 million but “landed almost double that”.  Arcimoto added that it will trade on NASDAQ under ticker symbol… Read More

Why Are Small Cap IPOs Under Attack?

On Friday, August 18, 2017, Chicken Soup for the Soul Entertainment, Inc. (NASDAQ:CSSE) made IPO history by becoming the world’s largest Reg A+ IPO, raising $30M at a pre-money valuation of $120M, and the first Reg A+ to trade on the Nasdaq Global Market, Nasdaq’s… Read More

Elio Motors to Issue More Shares. Plans Switch to NASDAQ

Elio Motors, Inc. (OTC QX:ELIO), the first Reg A+ issuer to list on a public marketplace following a crowdfunded offering, has filed a Form S-1 with the SEC indicating its intent to sell additional shares in the company. Elio also revealed its intent to list its… Read More

Chicken Soup for the Soul Entertainment Closes Reg A+ at $30 Million with Pre-Money Valuation of $120 Million

A Defining Moment for the Crowdfunding Industry as Offer Mirrors Small Cap IPOs of the Past Chicken Soup for the Soul Entertainment (CSS Entertainment) is reporting that its Reg A+ crowdfunding offer has closed at the top end of its range having raised $30 million… Read More

Fully Subscribed: Chicken Soup for the Soul to Trade on NASDAQ this Week Following Reg A+ Mini IPO

Chicken Soup for the Soul Entertainment has reportedly fully subscribed their Reg A+ crowdfunding offer and will trade on NASDAQ August 18th under ticker symbol CSSE.  Chicken Soup will join a small group of issuers that have leveraged the updated securities exemption to raise growth… Read More

ShiftPixy Trades Up After First Week on NASDAQ

Following the first full week of trading on NASDAQ, ShiftPixy (NASDAQ:PIXY) is holding its early gains. ShiftPixy raised $12 million in a Reg A+ offer with the assistance of WR Hambrecht. The crowdfunding round closed on June 29th.  The following day (June 30th), shares in… Read More

Reg A+ Crowdfunding Offer for Shares in ShiftPixy Nearing Close

ShiftPixy is nearing the close of its Reg A+ crowdfunding offer it is completing with the assistance of WR Hambrecht. You may read the ShiftPixy Offering Circular here. ShiftPixy hopes to raise up to $14 million via this funding round that allows both accredited and non-accredited investors… Read More

Reg A+ Issuer Adomani Trades Higher Following Mini-IPO Crowdfunding Offer

Last week there were two companies that raised money crowdfunding under Reg A+ and soon followed by trading on a public exchange. Myomo (NYSE:MYO), raised capital on Banq, and then listed on NYSE MKT. The shares have since traded to a high of about $23 /… Read More

First! Adomani Trades on NASDAQ After Crowdfunding Under Reg A+

Adomani Inc. (NASDAQ:ADOM), a company that provides zero emission vehicle solutions, has completed its Regulation A or “Reg A+” common stock offering and listing on the NASDAQ Capital Market under the ticker symbol ADOM. Adomani raised over $14 million in total. The company reported that… Read More

Is Reg A+ Crowdfunding Quickly Coming of Age?

Next week two smaller companies intend on listing their shares on a public exchange. What is interesting about this fact is that each of these companies used Regulation A or Reg A+ to facilitate this “mini-IPO” type offer. Created by Title IV of the JOBS… Read More

Adomani Closes Reg A+ Offer at $14.2 Million. Will Trade on NASDAQ Next Week

Adomani has announced the official closing of its Reg A+ crowdfunding round having raised $14.261 million. Crowdfund Insider reported earlier this week the offer had closed at $14.45 million, according to the offer page on FlashFunders. The company said it expects its shares to trade… Read More

Adomani Closes Reg A+ Crowdfunding Offer at $14.4 Million. Next is NASDAQ Listing

Adomani, a company that designs and integrates electric motors to convert existing internal combustion fleet vehicles into zero emission trucks, has closed its Reg A+ crowdfunding offer at $14,458,375.  Adomani was seeking a minimum raise of $10.6 million and a max raise of up to… Read More

Nasdaq CEO Adena Friedman’s Vision for IPO Market Growth

Adena Friedman, CEO of NASDAQ, has published an Op-Ed on WSJ.com. Her topic of discussion is the challenging IPO market in the US. This is a frequent issue of debate as the decline of IPOs has been going on for years. Both elected and appointed… Read More

Adomani is Poised to Become First Issuer to List on NASDAQ via Reg A+ Equity Crowdfunding

Adomani ( proposed NASDAQ ticker is ADOM), a provider of zero-emission electric and hybrid vehicles and replacement drivetrains, has announced it has received in escrow subscriptions totaling in excess  of the $10.6 million minimum amount  for its Reg A+ offering. Solid investor interest means that… Read More

Nasdaq Announces Venture Investment Program For Fintech Companies

U.S. stock exchange group Nasdaq (Nasdaq: NDAQ), announced on Wednesday the launch of its venture investment program, Nasdaq Ventures, which is dedicated to discovering, investing in and partnering with unique fintech companies worldwide. According to the group, this program’s main objective is to identify and… Read More

ReWalk, First Crowdfunded Company to List on NASDAQ, Receives Order from US Department of Veterans Affair

ReWalk (NASDAQ:RWLK), the first company to crowdfund and subsequently trade shares on NASDAQ, announced last week it had received an initial order of 28 ReWalk Personal Exoskeleton Systems to support an ongoing national multi-center clinical trial by the Department of Veterans Affairs. The order follows an… Read More

JOBS Act @ 5: House Committee Updates on Investment Crowdfunding Progress & Other Regulatory Reforms

The House Financial Services Committee, Subcommittee on Capital Markets, met for the first time in 2017.  A new Chairman, Congressman Bill Huizenga, managed the proceedings for the first topic of the year regarding the “Impact of the JOBS Act After Five Years”. The Hearing involved the… Read More