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Tag: ipo raises
Zosano Pharma raises $50M after IPO hits target
2015-01-27 23:58:05| Biotech - Topix.net
Fremont-based Zosano Pharma, led by CEO Vikram Lamba, raised $50 million in an IPO that priced in the middle of its target range on Tuesday. The company's stock rose slightly in its Nasdaq debut.
Alibaba IPO priced at top of range, raises over USD 21 bln
2014-09-19 09:28:00| Telecompaper Headlines
(Telecompaper) Alibaba Group has priced its initial public offering at USD 68 per share, at the top end of the USD 66-68 range it gave, the Financial Times reported. The pricing translates to proceeds of USD 21.8 billion, making its New York Stock Exchange listing one of the world's largest and breaking the record for a technology IPO. With the over-allotment option, the group could raise up to USD 25 billion, and pass the largest listing ever, currently held by the Agricultural Bank of China which raised USD 22 billion in 2010. Alibaba's two-week roadshow went from Hong Kong and Singapore to London, New York, San Francisco and Boston. People familiar with the discussions said the company had been keenly focused on how the stock would trade, even if it meant leaving some money on the table. The price gives Alibaba a market capitalisation of USD 168 billion.
Alibaba raises IPO price range
2014-09-16 07:55:00| Telecompaper Headlines
(Telecompaper) Alibaba Group has raised the subscription price for its initial public offering of shares. Due to strong demand, the Chinese e-commerce group now expects to price the IPO at USD 66-68 per share, versus an earlier indicated range of USD 60-66. At the top of the range, this would raise USD 21.8 billion, and if the over-allotment option is exercised, USD 25 billion. Alibaba has not specified a use for the funds raised, saying they will go only to "general corporate purposes".
Euronext IPO raises about $1.15B
2014-06-19 21:36:10| Energy - Topix.net
ICE said the offering of 42.2 million shares priced at 20 euros per share, near the low end of its expectations.
Tags: ipo
raises
euronext
115b
Com Hem sets IPO price at SEK 58/share, raises SEK 5.67 bln
2014-06-17 11:51:00| Telecompaper Headlines
(Telecompaper) Swedish cable operator Com Hem said it set a final price of SEK 58 per share in its IPO, with trading starting on the Nasdaq OMX Stockholm exchange on 17 June. This compares with a price range of SEK 44-62. The price values Com Hem at SEK 11.470 billion, assuming the overallotment option is not taken up. Com Hem offered 97,754,179 new shares, providing the company with SEK 5.670 billion in gross liquidity without the overallotment option, which is up to 9,775,418, valid for 30 days. Using this option in full would provide Com Hem with another SEK 567 million in gross liqiudity.