Latest News for: Ipo underwriters


KTB eyes expansion via IPO

Korea Times 24 Feb 2021
KTB Investment & Securities' venture capital subsidiary, KTB Network, plans to proceed with its initial public offering (IPO) on the tech-heavy KOSDAQ within this year ... All eyes are now on KTB Network's slated IPO as well as the future growth of KTB Investment ... "The firm is scheduled to select the IPO's book runner and underwriters in mid-March.

Gores Guggenheim SPAC Seeking to Raise $750 Million via IPO

The National Herald 24 Feb 2021
NEW YORK – Greek-American billionaire Alex Gores and investment bank Guggenheim Partners are backing a “blank-check firm” which “is looking to raise nearly $750 million through an initial public offering (IPO), a regulatory filing showed” on February 22, Reuters reported.

Lafayette-based urban-gro taps new chief operating officer from board

Daily Camera 24 Feb 2021
... the over-the-counter markets to the Nasdaq Capital Market last week, both raising its maximum $54 million target from sales of new stock and an additional $8.1 million from the IPO’s underwriter from oversubscription sales of stock.

Israeli Transportation Company Dan Raising $11 Million In R&D Partnership IPO

The Algemeiner 24 Feb 2021
Dan is aiming to raise NIS 36 million (approximately $11 million) through an initial public offering (IPO) on the Tel Aviv Stock Exchange. Value Base will underwrite the offering, with lawyers Itay ...

Broadstone Net Lease Announces Fourth Quarter and Full Year 2020 Results

Tyler Morning Telegraph 24 Feb 2021
Raised $588.3 million in net proceeds from our initial public offering (“IPO”) inclusive of the underwriters’ partial exercise of their overallotment option.IPO proceeds used to repay $456.7 million of outstanding borrowings (including accrued interest), significantly reducing ...

ReNew Power, India’s Leading Renewable Energy Company, to Publicly List through Business Combination with RMG Acquisition ...

The Marshall News Messenger 24 Feb 2021
“When we closed our IPO in December, we were looking to partner with a company driving change on a global scale, with a proven ... RMG II raised $345 million in its December 14, 2020 IPO, which was upsized due to strong demand and included the underwriters’ full over-allotment option.

Oscar Health’s initial IPO price is so high, it makes me want to swear

Crunch 23 Feb 2021
Regardless, with Oscar Health now targeting a $32 to $34 per-share IPO range, we can get our hands dirty ... Billion-dollar IPO ... This means that after the IPO, Oscar Health will have 197,037,445 Class A and B shares in circulation, or 201,687,445 after counting shares reserved for its underwriters ... That’s the company’s simple IPO valuation.

McAfee’s Fourth Quarter Revenue Grows 14%, Powered by 23% Consumer Revenue Growth

Daily Freeman 23 Feb 2021
Proceeds from IPO, net of underwriters discount and commissions ... Payment of IPO related expenses ... The Management Services Agreement has been terminated subsequent to the IPO and we paid a one-time fee of $22 million to such parties in October 2020 ... Prior to our IPO our structure was that of a pass through entity for U.S.

Cloud-based Restaurant Software Provider Toast to File for IPO

Coinspeaker 22 Feb 2021
Toast has reportedly tapped Goldman Sachs and JPMorgan Chase as its lead underwriters for the proposed IPO this year ... BMBL), both of which made their stock exchange debuts this year, and are currently trading well above their IPO prices ... JPM) as its lead underwriters for the proposed IPO this year, according to the cited sources.

Roblox Sets Date to Go Public Through a Direct Listing

Barrons 22 Feb 2021
Roblox in January changed its mind about a traditional IPO, choosing to go public through a direct listing ... in a single large transaction directly on the exchange without underwriters ... This is different from traditional IPOs, where underwriters set the price of the offering.

ZoomInfo Announces Fourth Quarter and Full-Year 2020 Financial Results

The Marshall News Messenger 22 Feb 2021
Basic and diluted earnings per share of Class A and Class C common stock is applicable only for the period from June 4, 2020 through December 31, 2020, which is the period following the initial public offering ("IPO") and related Reorganization Transactions ... Proceeds from equity offering, net of underwriting discounts ... Payments of IPO issuance costs.

NH Investment likely to be top beneficiary from SK Bioscience IPO

Korea Times 21 Feb 2021
NH Investment expected to earn 5.5 billion won for IPO underwriter fee ... According to industry sources, SK Bioscience is set to pay out a total of one percent as IPO compensation to its underwriters, which is the sum of 0.8 percent for the basic IPO fee plus 0.2 percent performance fee.

Positives And Negatives: SPACs Vs. Traditional IPOs

Yahoo Daily News 21 Feb 2021
One is that a typical SPAC comes with a 2% underwriter fee and 3.5% fee at completion compared to 7% for a traditional IPO. The timeline of a SPAC is usually three to four months versus up to a year with a traditional IPO.Story continues ... The “promote” on a typical SPAC deal is 25% of the IPO proceeds ... 3 Insurance IPO Launches To Watch In 2021.