Latest News for: Ipo underwriters


Why MoneyLion Took so Long to List Its Shares

Barrons 27 Oct 2021
MoneyLion (ticker. ML) thought it would take 90 to 100 days to go public, said CEO and co-founder Dee Choubey ... “The SPAC is an imperfect IPO process; it took us seven months to close the deal,” Choubey told Barron’s ... 23, the day it began trading ... And there is no investment bank underwriter to support the stock as there is in a traditional IPO ... .

Coinbase Stock Remains Unfazed Despite Citi’s Bullish Calls

CryptoPotato 27 Oct 2021
Coinbase stock has largely mimicked the price action of the broader cryptocurrency market recently. But the powerful rally may have come to a halt ... Coinbase had previously dodged the more conventional IPO process, which essentially involves intermediaries also known as underwriters (such as banks) to enable the listing ... “We want transparency.” ....

Apple importer iDigital plans TASE IPO at NIS 1b valuation

Globes 26 Oct 2021
Israeli iPhone and Apple importer iDigital is expected to publish a prospectus in the coming days for an IPO on the Tel Aviv Stock ... The planned IPO would be led by underwriters Poalim IBI and Discount Capital and would likely include an offer to sell by existing shareholders.

Robinhood Reports Third Quarter 2021 Results

Kentucky New Era 26 Oct 2021
... sale of shares of the Company’s stock during a lock-up period that expires immediately prior to December 1, 2021 (as further described under “Underwriting (Conflicts of Interest) – Lock-Up Agreements” in the Company’s final IPO prospectus filed with the SEC on July 30, 2021).

What to know about investment banking and the professionals driving the biggest deals on Wall Street

Business Insider 25 Oct 2021
These banks can specialize in areas like mergers and acquisitions, underwriting, private equity, and venture capital ... Full-service investment banks can offer a wide range of offerings that include underwriting, M&A, sales and trading, and equity research ... Underwriting.

Context Therapeutics closes $28.75M IPO

Business Journal 25 Oct 2021
The IPO underwriters increased the initial public stock offering's value after exercising their option to purchase additional stock ... .

China greenlights five ChiNext IPOs 24 Oct 2021
The companies and their underwriters will confirm the IPO dates and publish their prospectuses following discussions with the stock exchange.  .

China greenlights 2 sci-tech innovation IPOs

Sina 23 Oct 2021
The companies and their underwriters will confirm the dates of the IPO and publish prospectuses following discussions with the stock exchange.

China approves two IPO applications

Sina 23 Oct 2021
The companies and their underwriters will confirm the dates of the IPOs and publish their prospectuses ...

Trump's new social media SPAC is soaring. Also, what is a SPAC?

Yahoo Daily News 23 Oct 2021
Here's what you need to know about this popular alternative to an IPO ... How do SPACs differ from IPOs?. SPACs typically have fewer regulatory demands than a traditional IPO, an arduous process that can entail months of negotiations with underwriters and extensive vetting.

Futu Niuniu and Tiger Securities can’t search for Bitcoin ETF market data

Cryptopolitan 23 Oct 2021
TL;DR Breakdown ... The Chinese government seems to enforce its regulations even on companies working abroad ... Tiger and Futu played an integral part in a record number of Chinese IPO deals ... Last year, the two firms advised on 26 U.S.-based IPOs ... Yet, these same giants have found success in the US with IPO underwriting ... ....

ExcelFin Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering

The Marshall News Messenger 21 Oct 2021
XFIN) (the “Company”) announced today the pricing of its initial public offering (“IPO”) of 20,000,000 units at price of $10.00 per unit ... The Company has granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units at the IPO price to cover over-allotments, if any.

PSE OKs Medilines first IPO

The Manila Times 21 Oct 2021
THE Philippine Stock Exchange (PSE) on Thursday said it has approved the initial public offering (IPO) of medical equipment distributor, Medilines Distributors Inc ... was tapped as the sole issue manager, lead underwriter and sole bookrunner for the offer. The Securities and Exchange Commission also green lighted the IPO earlier this month. .

Hennessy Capital Investment Corp. VI Announces Closing of Over-Allotment Option in Connection ...

Kentucky New Era 21 Oct 2021
HCVIU) (the “Company”) announced today that it closed the sale of an additional 4,092,954 units pursuant to the underwriters’ over-allotment option granted in connection with the Company’s initial public offering (“IPO”) ... gross proceeds of the IPO to approximately $340.9 million.

Moderna Had a Long History of Failure. Then Along Came COVID.

Children's Health Defense 21 Oct 2021
Thus far, this report has largely focused on how Moderna’s extreme secrecy appears to have been used to obfuscate and mitigate major issues with its technology and product pipeline and how those issues were reaching a climax following the company’s IPO and immediately prior to the COVID crisis.