Latest News for: Ipo underwriters

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Ripple Eyes IPO as XRP Lawsuit Draws to End

Coinspeaker 05 Jun 2023
As its legal battle related to XRP with the Securities and Exchange Commission (SEC) draws to a close, there are rumors that Ripple may conduct an IPO ... “In April, @Ripple hosted a private’ road show’ (a marketing event where a company and its underwriters meet with potential investors to generate interest in an IPO).
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CMG Achieves SOC 2 Type II Compliance

Eagle-Tribune 05 Jun 2023
CMG’s solution brings investors and underwriters together on a common network to connect these participants across initial public offerings (IPOs), follow-on offerings, and block sales ... CMG connects investors and underwriters via its CMG XC™network, the first end-to-end ECM ...
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Pro-XRP lawyer tips Ripple’s triumph over SEC at less than 3%

Cryptopolitan 05 Jun 2023
According to pro-Ripple attorney John Deaton, the Securities and Exchange Commission’s (SEC) chances of succeeding in its legal battle against Ripple are less than 3% ... SEC ... John Deaton ... In April, hosted a private "road show" (a marketing event where a company and its underwriters meet with potential investors to generate interest in an IPO) ... ....
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More power to you (1)

The Manila Times 01 Jun 2023
or some mutant version to get back into generation ... Ideology rather than ideas ... While I do not claim to be a power industry expert, as an investment banker, I was the head of one of the lead underwriters of the IPO of Meralco and was part of the team that led the privatization or worked with power companies in the Philippines, Thailand and Hong Kong.
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Canadian Solar's Subsidiary CSI Solar's IPO Pricing Announced by the Shanghai Stock Exchange

Enid News & Eagle 30 May 2023
CSIQ) today announces that, in connection with the proposed initial public offering ("IPO") of its majority-owned subsidiary CSI Solar Co., Ltd ... In addition, CSI Solar plans to grant the principal underwriter of the IPO a 30-day option to purchase up to an additional 81,158,500 shares of CSI Solar to cover over-allotments, if any.
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Fast-casual restaurant chain Cava Group’s IPO documents raise some red flags: analyst

Market Watch 30 May 2023
“We understand investors may be anxious to find the next hot stock after the IPO drought we have seen over the past 18 months, but investors should look past the hype and avoid Cava’s stock at all costs,” said the report ... JPMorgan, Jefferies and Citigroup are lead underwriters in a team of eight banks working on the deal.
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Atmus Filtration Technologies Announces Pricing of Initial Public Offering

Eagle-Tribune 26 May 2023
The underwriters have been granted a 30-day option to purchase up to an additional 2,118,661 common shares at the IPO price, less underwriting discounts and commissions. Upon completion of the IPO, Cummins is expected to hold approximately 83.0% of Atmus, or 80.5% if the underwriters' option to purchase additional shares is exercised in full.
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Cummins spin-off Atmus Filtration IPO prices at $19.50 a share

Market Watch 26 May 2023
In a sign of health, Atmus priced its IPO in the middle of its estimated price range of $18 to $21 a share with underwriters Goldman ...
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Cummins braving debt ceiling jitters with $275 million engine filter unit IPO

Reuters 26 May 2023
The company had previously guided the IPO could be priced at between $18 and $21 per share. The IPO values Atmus at $1.6 billion ... Goldman Sachs & Co.(GS.N), and JPMorgan Chase & Co.(JPM.N), are the lead underwriters for the IPO.Reporting by Echo Wang in New York; Additional Reporting by Rishabh Jaiswal; Editing by Paul Simao and Kim Coghill.
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Cummins spinoff Atmus Filtration’s stock soars 14% in trading debut

Market Watch 26 May 2023
Although the company is issuing primary shares, Atmus will not receive any of the IPO proceeds; all of the proceeds will go to debt-for-equity exchange parties, namely underwriters Goldman Sachs and JPMorgan, and will indirectly pay down parent CumminsCMI, +0.96% debt, according to the filing documents ... The IPO comes in a thin year for deals.
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Atmus Filtration Shares Up 14% on First Day of Trading After Spinoff From Cummins

Market Watch 26 May 2023
The engine maker said earlier this month that it will still own about 83% of Atmus after the IPO, or about 80.5% if the underwriters exercise their ...
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Atmus Filtration’s stock soars 14% in trading debut

Market Watch 26 May 2023
While the company is issuing primary shares, Atmus will not receive any of the IPO proceeds; all of the proceeds will go to the debt-for-equity exchange parties, underwriters Goldman Sachs and JP Morgan, and will ...
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EF Hutton, bank behind Trump's SPAC deal, rules over IPO drought

Reuters 25 May 2023
The New York-based bank, which launched in its current form three years ago, has been crowned the most prolific IPO underwriter by deal volume by Dealogic for three of the last four quarters, including the first quarter of 2023.
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Saudi pharma group Jamjoom eyes $1.12bn from IPO

Gulf Daily News 25 May 2023
Jamjoom set the price range for the Saudi Exchange IPO at between SR56 and SR60 a share, implying a valuation of between SR3.9 and SR4.2 billion, it said in a statement ... AlRajhi Capital joins is an underwriter and bookrunner ... Elaboarting on ist IPO journey, the Saudi pharma group ...
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NYMBUS Raises $70 Million in Series D Funding, Bolstered by New and Returning Investors

Enid News & Eagle 25 May 2023
... companies achieve an IPO ... While largely providing buy and sell-side M&A and private capital raising services for the past two decades, FT Partners now will emphasize its comprehensive IPO Advisory offering as well as its new IPO Underwriting / Equity Research platform.

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