IPO. Latest news


  1. Fintech Firm Elevate Credit Files (Again) for IPO

    247wallst.com - Markets 03.28 / 16:08 247wallst.com
    Online lender Elevate Credit plans an IPO of 7.7 million shares in an expected price range of $12 to $14, raising $100 million. This is the company's second try after withdrawing a planned IPO…
  2. CarGurus Hires Bankers to Help Lead IPO [Report]

    CarGurus, the Cambridge-based online car shopping platform, is reportedly going through the motions to become a public company — something that has been stated as a possibility by its CEO for years now. The company enlisted Goldman Sachs a…
  3. Athene Holding Updates IPO Outlook

    247wallst.com - Markets 03.28 / 14:56 247wallst.com
    Athene Holding has amended its filing with the U.S. Securities and Exchange Commission (SEC) for its initial public offering…
  4. Yext Announces Potential Pricing for IPO

    247wallst.com - Markets 03.28 / 14:56 247wallst.com
    Yext intends to price more than 10 million shares in the range of $8 to $10 per share for an initial public offering valued up to more than $120…
  5. US updates: IPO guides, CFTC proposals and more

    Iflr.com - 03.28 / 14:35 iflr.com
    The latest news from Morrison & Foerster's US team on Non-GAAP measures, the SEC's sweep of broker-dealers sweep and other noteworthy…
  6. New Move by Saudi Arabia Could Increase Aramco IPO Over $2 Trillion

    Mideasttime.com - World 03.28 / 14:21 mideasttime.com
    The government of Saudi Arabia cut the income tax paid by Saudi Aramco the national oil behemoth to smooth the initial public offering of the company next year, which most expect to be the largest equity sale in the world. On Monday, a royal decree retroactive to January 1 set a rate of 50% for…
  7. Aurora Cannabis to be Cornerstone Investor in Australian Medical Cannabis IPO

    420intel.com - Canada 03.28 / 13:19 420intel.com
    Aurora Cannabis Inc. (the "Company" or "Aurora") (ACB.V) (ACBFF) ( Frankfurt : 21P; WKN: A1C4WM) is pleased to announce that it has committed to taking part in the initial public offering ("IPO") of Cann Group Limited ("Cann Group") on the Australian Stock Exchange ("ASX") as the cornerstone investor, securing a 19.9% stake in Cann Group, the first company in Australia ever to be licenced for research and cultivation of medical cannabis for human…
  8. Snap surges after IPO banks give flurry of 'buy' ratings

    Us.fashionmag.com - Companies 03.28 / 13:18 us.fashionmag.com
    Shares of Snap Inc jumped over 5 percent on Monday after several of the Snapchat owner's IPO underwriters handed it badly-needed "buy"…
  9. Saudi Aramco tax slashed to prepare oil producer for giant IPO

    Worldoil.com - Saudi Arabia 03.28 / 13:06 worldoil.com
    Saudi Arabia slashed the tax rate paid by state oil producer Saudi Aramco, a key milestone in preparing the company for what may be the world’s biggest initial public o…
  10. China's Sinopec invited to invest in Saudi Aramco IPO

    Worldoil.com - East Asia 03.28 / 13:06 worldoil.com
    China Petroleum and Chemical Corp. said it was invited to invest in Saudi Arabian Oil Co. as part of what could be the world’s biggest-ever initial public o…
  11. MAS Financial Services to go public, files Rs 550-cr IPO papers with Sebi

    Business-standard.com - Finance 03.28 / 12:37 business-standard.com
    Net proceeds will be utilised towards augmenting its capital…
  12. Tech startup Yext prices its IPO at $8 to $10 a share -- seeking a valuation of up to $870 million

    Yext, a tech startup that helps firms manage their listings on directory sites like Yelp, Apple's Siri, Facebook, Google Maps, and Foursquare, is pricing its forthcoming IPO at between $US8 and $US10 a…
  13. Tech startup Yext prices its IPO at $8 to $10 a share -- seeking a valuation of up to $870 million

    Yext, a tech startup that helps firms manage their listings on directory sites like Yelp, Apple's Siri, Facebook, Google Maps, and Foursquare, is pricing its forthcoming IPO at between $US8 and $US10 a…
  14. Will Aramco IPO Investors Get Burned?

    Investmentu.com - Finance 03.28 / 12:31 investmentu.com
    Saudi Arabia’s state-owned oil company is floating a piece of its equity. The Aramco IPO is interesting... but not necessarily a good buy for retail i…
  15. CreditAccess Asia Planning IPO ?

    Netherlands-based Asian microfinance holding company CreditAccess Asia is reportedly planning to invest Rs.1000 crore in Asia, including India where its subisdiary Grameen Koota is fourth largest in the country. CreditAccess Asia (CAA) has recently raised about Rs 671 crore via equity capital, including Rs 212 crore from Asian Development Bank (ADB), funding from existing investor…
  16. Aramco's upcoming IPO gets a royal boost

    Ibtimes - Companies 03.28 / 12:21 www.ibtimes.co.uk
    A royal decree has cut the income tax paid by Aramco to 50% from the previous…
  17. Brexit fears see London stock market IPOs slump to five-year low

    Ibtimes - Companies 03.28 / 12:21 www.ibtimes.co.uk
    South African group Brait was the latest firm to scrap a London listing last…
  18. Okta Files Terms For Increased IPO Raise

    Seeking Alpha - IPO 03.28 / 12:12 seekingalpha.com
    Quick Take Identity access technology company Okta (Private:OKTA) has set proposed terms for a $154 million IPO. The company operates in a growing market space for secure identity management. As it passed through $100 million annual revenue in calendar 2016, its top-line revenue growth rate slowed, as is common for SaaS companies. This leads me to wonder if its highest growth rate results are behind them. My opinion is, therefore, NEUTRAL on the IPO. Company Recap San Francisco-based…
  19. Elevate Credit Proposes Terms For $100 Million IPO

    Seeking Alpha - IPO 03.28 / 12:12 seekingalpha.com
    Quick Take Online consumer credit company, Elevate Credit (NYSE:ELVT), has set proposed terms for its $100 million IPO. Elevate provides high-cost credit to underbanked consumers in the U.S. and the UK. Due to worsening financial performance, my opinion is to AVOID the IPO. Company Recap Fort Worth-based Elevate was founded in 2014 as a spin-off from Think Finance but is headed by Ken Rees, previously CEO of Think finance since 2004. The company provides extremely high-cost credit to…
  20. E&P IPO: Will Silver Run II Be Able To 'Hackett' In The E&P Industry?

    Seeking Alpha - IPO 03.28 / 12:12 seekingalpha.com
    As Yogi Berra once said, "It's like déjà vu all over again." Readers may recognize something familiar about the name Silver Run Acquisition Corp. from an IPO last year and my article summarizing its terms and business prospects. The original Silver Run, after a business combination, morphed the company into what is now known as Centennial Resource Development (NASDAQ:CDEV). This company, Silver Run Acquisition Corp. II (NASDAQ:SRUN), is an entirely different company, as observant readers (…