Corsair Components (CRSR) manufactures high-performance components for PC gamers, specifically those who build their own computers or customize pre-built systems to achieve faster processing speeds and improve graphic capabilities. It hopes to raise $78 million and trade with a market cap of $223 million. The company has around 800 employees and is based out of Fremont, California. Corsair is pricing 6 million shares at a price of $1…..Read the full article here
A California based company is bringing professional aesthetic treatments into customers homes at a fraction of the cost. Tria Beauty (TRIA) offers two lines of aesthetic light-based treatments, a Hair Removal Laser and Skin Perfecting Blue Light. The managers underwriting the deal are Morgan Stanley (MS), Piper Jaffray (PJC), and Well Fargo Securities (WFM). The healthcare company is looking to raise $64 million in an initial public offering set to begin trading on May 24th. Tria Beauty is pricing 4.6 million shares at $1….Read the full article here
Recently the IPO market has shown signs of life, with more and more companies looking to break into the public markets. New, more relaxed regulations for smaller companies and a stock market that has been steadily recovering after the 2008 recession, have made it easier for businesses to make the transition from a private company to a public one. When a company initially sells its shares there are a lot of stipulations in the offering designed to help preserve the share price. One of these stipulations is the “lockup” period, which is usually 90, 180 or 360 days after the IPO. This is the amount of time insiders and pre-IPO investors have to wait before they sell their shares on the open market. This sudden deluge of supply can sometimes cause the share price to fall dramatically and savvy investors can make money from this drop…..Read The Full Article Here
This company operates in a completely different space than Facebook, but while other companies are postponing their IPO’s or withdrawing them all together, one is still looking to start trading this week. Maybe because the offering is so small there will still be plenty of available capital to participate in the IPO. It hopes to raise $48 million, giving the company a total market cap of $111.9 million. The deal is underwritten by William Blair & Company, Baird, Needham & Company, and First Analysis Securities Corporation. Cancer Genetics (CGIX) is pricing 4 million shares at $1…..Read The Full Article Here
If you have been living in a cave for the past couple years, let me bring you up to speed. Facebook (FB) is going public this week. The excitement surrounding the IPO has been the highest I can remember since Google went public in 2004. The two words being thrown around last week were “highly oversubscribed”. Pretty much meaning everybody wants it, no matter what the price. I can understand some of the hype as retail investors love IPO’s of companies they see frequently and use their products often. No one disputes that Facebook is one of the best known brands in the world.
So before I go any further, here are the basics of this massive offering as it stands today: Facebook is offering 337.4 million shares at between $28 and $35 per share. It hopes to raise $11 billion and this give it a market cap of $67.4 billion. The final prospectus has yet to be declared effective by the SEC and therefore all this information is still subject to change before May 18th (the date Facebook plans to begin trading on the public markets).
Obviously, this being the most sought after and talked about IPO in years, instead of boring readers with Facebook’s numbers; which have been thrust down investors throats for weeks now, I thought I would write about how no one should hold Facebook after the IPO……Read The Full Article Here
Audience Prices IPO Shares
The company expects to raise just under $79 million on the deal that puts the total market cap of Audience at $290.9 million. The offering is underwritten by J.P. Morgan, Credit Suisse, Deutsche Bank Securities and Pacific Crest Securities. Audience (ADNC), the semiconductor company that makes processors for mobile phones, is pricing 5.3 million shares at….Read more about Audience Pricing IPO Shares here