Latest News for: Ipo underwriters

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DLA Piper advises underwriters of MaxCyte's upsized US IPO

The Salamanca Press 30 Jul 2021
"We were pleased to bring together our extensive capital markets capabilities both in the US and the UK, as well as a deep understanding of the life sciences sector, to facilitate this IPO," said Michael D ... View original content.https.//www.prnewswire.com/news-releases/dla-piper-advises-underwriters-of-maxcytes-upsized-us-ipo-301345243.html.
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Robinhood spoons up taste of own medicine

Reuters 30 Jul 2021
Robinhood’s market capitalization was around $29 billion by Thursday’s close, suggesting underwriters Goldman Sachs (GS.N) and JPMorgan (JPM.N) were not far off with their pricing and that IPOs can still generate sensible valuations ... Underwriters Goldman Sachs and JPMorgan had proposed a price range of $38 to $42 a share.
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Robinhood IPO fails to capture meme stock moment

The National 30 Jul 2021
Robinhood prices shares at low end of marketed IPO range ... It sought to share the spotlight with them - upon logging in on Thursday, customers received a special thank you message from the firm in honor of its IPO, with a virtual bell they could ring by shaking their iPhones ... Robinhood’s IPO also came after an 18-month run of record issuance.
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Robinhood’s race to meet meme stock moment faces harsh reality

The Times of India 30 Jul 2021
It sought to share the spotlight with them -- upon logging in on Thursday, customers received a special thank-you message from the firm in honor of its IPO, with a virtual bell they could ring by shaking their iPhones ... In the days leading up to the IPO, Robinhood’s leadership put on a confident public face.
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Robinhood IPO Was a Huge Dud

Technowize Magazine 30 Jul 2021
It was speculated that the highly anticipated Robinhood IPO could help the Menlo Park, California-based company net nearly $2 billion from the sale of roughly 55 million shares. Robinhood shares closed down more than 8% in its NASDAQ debut, after the pricing near the low end of its IPO range ... stretches its arms over IPO shares.
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FILREIT’s BPO locators expect steady office space demand

Sun Star 30 Jul 2021
... Bookrunner for the international tranche of the institutional offer of the IPO ... BPI Capital, China Bank Capital, First Metro and SB Capital will underwrite the domestic tranche, and together with the International Bookrunner, will underwrite the respective tranches of the IPO.
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Robinhood's stock drops 8% in its first day's trading

Yahoo Daily News 30 Jul 2021
Robinhood priced its public offering at $38 per share last night, the low end of its IPO range ... The company sold 55,000,000 shares in its IPO, generating gross proceeds of $2.1 billion, though that figure may rise if its underwriting banks purchase their available options ... Robinhood made a big chunk of its IPO available to its own users.
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SCOTT GALLOWAY: Robinhood may seem like a roaring success, but 5 red flags make its ...

Business Insider 30 Jul 2021
Robinhood went public on Thursday, the old-fashioned way - via an IPO with underwriters after a roadshow. The IPO priced at $38 per share, yielding a valuation of $32 billion, and closed its first day of trading down 8.4% ... That's still true, and RH's IPO warrants a deeper dive into the firm's business model.What is Robinhood?.
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U.S. Century Bank Reports Second Quarter 2021 Results

The Marshall News Messenger 30 Jul 2021
U.S ... Completed the initial public offering (“IPO”) and issued 4,600,000 shares of Class A common stock, inclusive of the full exercise of the underwriters’ option to purchase an additional 600,000 shares ... On July 27, 2021, the closing date of the IPO, the Company received total net proceeds of $42 million, after deducting the underwriting discount ... $.
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Robinhood prices IPO at $38 a share, as it sees tepid demand for its market debut

Live Mint 29 Jul 2021
Premium Premium Promise and perils of the internet IPO frenzy ... The large chunk in the hands of individual investors—as well as the buzz around Robinhood by other individual investors who didn’t receive shares in the IPO—has led some traders at banks that underwrite big IPOs to say it is hard to predict how the stock will open.
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Riskified begins trading on NYSE today at $3.3b valuation

Globes 29 Jul 2021
The Israeli e-commerce fraud protection company is raising $363 million and an additional $55.1 million, if the underwriters exercise their options ... Riskified is raising $363 million, which could grow by an additional $55.1 million, if the underwriters exercise their options within 30 days at the IPO price ... Riskified files for NYSE IPO.
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Didi global considers going private to placate China and compensate investors

Live Mint 29 Jul 2021
The unexpected moves caused Didi’s shares to plunge below their IPO price ... law firms that represent Didi shareholders who lost money have filed securities class-action lawsuits against the company, its IPO underwriters and board ... and global investors in the IPO.
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Robinhood at $32 bln more option than meme-stock

Reuters 29 Jul 2021
Big banks like Goldman Sachs (GS.N) and JPMorgan (JPM.N) – both underwriters of Robinhood’s IPO – are among those working hard to scoop up young customers ... Warm bodies bring option value for firms that can cross-sell multiple products and services, and one day, Robinhood’s IPO advisors could even become suitors.
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Duolingo enters 'major leagues' with $6.5 bln valuation in strong debut

Gulf Daily News 29 Jul 2021
Duolingo's stock opened at $141.4 per share, blowing past the initial public offering price (IPO) of $102 per share, which crossed the top end of its target range ... Duolingo raised nearly $521 million in the IPO by selling about 5.1 million shares ... Goldman Sachs & Co and Allen & Company are the lead underwriters for the IPO.
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Robinhood’s stock drops 8% in its first day’s trading

Crunch 29 Jul 2021
Robinhood priced its public offering at $38 per share last night, the low end of its IPO range ... The company sold 55,000,000 shares in its IPO, generating gross proceeds of $2.1 billion, though that figure may rise if its underwriting banks purchase their available options ... Robinhood made a big chunk of its IPO available to its own users.
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