IPOs

IPOs so high but fresh capital so low

Companies aren’t feeling confident enough about demand picking up rapidly enough to warrant adding capacity.<p>We simply won’t stop gushing about how …

Venture Capital

Broadband business Casa Systems up 11%, following downsized IPO

Andover, Massachusetts-based Casa Systems had a tough time pulling off its IPO this week.<p>The broadband solutions company initially wanted to debut Thursday, but pushed its launch back to Friday, likely due to weak initial demand. Casa had planned to sell 8.4 million shares, but reduced it to 6 …

Business

BRIEF-Krishna Institute Of Medical Sciences Ltd Files For IPO - Filing

Dec 12 (Reuters) - Krishna Institute Of Medical Sciences Limited:<p>* KRISHNA INSTITUTE OF MEDICAL SCIENCES LIMITED FILES FOR IPO - FILING<p>* GOT …

Saudi Arabia Leads MENA IPO Drive

Saudi Arabia continues to lead the way for IPO activity in the region, with an increasing trend of real estate investment trusts (REITs) being listed …

Middle East

Amazon was a looming factor in the best and worst tech IPOs of 2017

Amazon may be on an unstoppable tear, but this year's tech IPOs are proving that the little guy can still hack it.<p>According to data pulled from …

Blue Apron

Cannabis investors form 'blank check' company, file for $50M IPO

According to its SEC filing, new company MTech’s primary strategy will be to invest in or acquire ancillary cannabis businesses, such as compliance, …

Cannabis Industry

Bitcoin Futures Coming From Team That Rebounded From Epic Snafu

Cboe Global Markets Inc. is preparing to release bitcoin futures into a bitcoin-obsessed world. Its tech staff knows how badly these things can …

Business

Here Are the Worst IPOs of 2017

You lost at least half of your investment if you bought into these IPOs.<p>IPOs are risky endeavors for both companies and investors. Companies are …

Investing

Denali upsizes IPO to $250M

Denali Therapeutics (Pending:DNLI) has increased the size of its U.S. IPO by $100M to $250M. The offering will be 13.9M shares at $17 - 19. Final …

Business

Vanishing Stocks

<i>By David Blitzer</i><p>The number of stocks listed in the US is falling. Currently, there are 3,758 listed stocks, ten years ago there were 4,500, and 20 …

Business

Alibaba must face renewed lawsuit over IPO

NEW YORK: A U.S. appeals court on Tuesday revived a lawsuit accusing Alibaba Group Holding Ltd of defrauding shareholders by concealing a regulatory …

Alibaba Group

Casa Systems Proposes Terms For $134 Million IPO

Casa Systems has filed proposed terms for a $134 million U.S. IPO valuing the firm in excess of $1.3 billion post-IPO.<p>The company provides broadband …

Business

China Targets Transparency as Regulators Prepare for a Record Number of IPOs

China’s securities regulator published a set of guidelines for companies applying to make initial public offerings (IPOs), in a bid to be more …

World News

Okta beats by $0.05, beats on revenue

Okta (NASDAQ:OKTA): Q3 EPS of -$0.19 beats by $0.05.<p>Revenue of $68.24M (+61.4% Y/Y) beats by $5.4M.<p>Press Release<p>Now read: <b>Recent IPOs Sink On Lockup</b> …

Business

BRIEF-India's Astron Paper And Board Mill IPO To Open On Dec 15

Dec 7 (Reuters) - ASTRON PAPER AND BOARD MILL LTD:<p>* ASTRON PAPER AND BOARD MILL LTD IPO TO OPEN ON DEC 15, CLOSES ON DEC 20<p>* IPO PRICE BAND AT 45 …

Jain group hotel to come out with IPO

Kolkata, Dec 6 (PTI) Dream Gateway Hotels Pvt Ltd, the flagship company of city-based Jain Group, is planning to come out with an initial public …

Hospitality

Exclusive: China's Xiaomi seeks bank pitches for 2018 IPO - sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters.<p>Xiaomi was valued at $46 billion in a 2014 funding round completed before its sales stagnated. More recently it has seen …

China

Chinese smartphone giant Xiaomi is looking to IPO in 2018

The smartphone maker has asked banks to pitch them to lead the company’s IPO by Friday, reports <i>Reuters</i>. <b>Sources that spoke to Reuters said it’s possible the Xiaomi IPO could be the “largest technology IPO” in history, with a possible valuation of $100 billion.</b> To put that in perspective, back in …

Xiaomi

The Big Banks Are Threatened by ICOs

“If you’re stupid enough to buy it, you’ll pay the price for it one day.”This is a quote from JP Morgan Chase CEO Jamie Dimon. To say that Mr. Dimon …

Bitcoin

China's Lufax picks banks for up to $5 billion Hong Kong IPO - IFR

HONG KONG (Reuters) - Chinese online wealth management firm Lufax has hired five banks to work on an up to $5 billion (£3.8 billion) Hong Kong …

China

China Sees Record Year in IPOs

2017 is already a record year for initial public offerings (IPOs) in China despite a marked slowdown in the approval of new listings in recent …

News (China)

GEMS picks JP Morgan, Credit Suisse and Bank of America for $5 billion IPO - sources

LONDON (Reuters) - GEMS Education's owners have chosen JP Morgan, Credit Suisse (SIX:CSGN) and Bank of America (NYSE:BAC) Merrill Lynch to lead the …

Credit Suisse

IPO deluge may spur credit growth | Latest News & Updates at Daily News & Analysis

The large number of initial public offerings(IPOs) are expected to push up demand for credit specific sectors. SBI in a report mentioned, "For …

Venture Capital

IPO activity outpacing last year with 74 public companies raising $17.4B

IPO activity is up from last year but still remains low compared to the past decade.<p>PitchBook released its 2017 U.S. PE & VC IPO Trends Report on …

Venture Capital

Adial Pharmaceuticals on deck for $14M IPO

Adial Pharmaceuticals (Pending:ADIL) is set for its IPO of 1.4M shares of common stock at $9 - 11 per share.<p>The Charlottesville, VA-based …

Business

BRIEF-Reliance General Insurance Gets Final Observations From SEBI For IPO

Nov 30 (Reuters) - Reliance Capital Ltd RLCP.NS :<p>* RELIANCE GENERAL INSURANCE RECEIVES FINAL OBSERVATIONS FROM SEBI FOR IPO

Insurance

BRIEF-HDFC Approves Offer For Sale For HDFC Asset Management Via IPO

Nov 30 (Reuters) - Housing Development Finance Corporation Ltd HDFC.NS :<p>* APPROVES TO OFFER PART OF ITS SHAREHOLDING IN UNIT HDFC ASSET MANAGEMENT CO …

Finance

Macquarie-backed Canadian waste management firm GFL plans C$1 bln IPO -sources

TORONTO/NEW YORK, Nov 29 (Reuters) - Private equity-backed Canadian waste management company GFL Environmental Inc is seeking to raise as much as C$1 …

Markets

UPDATE 1-Macquarie-backed Canadian waste management firm GFL plans C$1 bln IPO -sources

TORONTO/NEW YORK, Nov 29 (Reuters) - Private equity-backed Canadian waste management company GFL Environmental Inc is seeking to raise as much as C$1 …

Venture Capital

Hong Kong listing would help Aramco with huge Chinese demand for IPO: HKEX CEO

SINGAPORE (Reuters) - Hong Kong Exchanges & Clearing (HKEX) (HK:0388) Chief Executive Charles Li said a Hong Kong listing by Saudi Aramco would help …

Stock Markets