Amber Road, which provides cloud-based global trade management software, raised $96 million by offering 7.4 million shares (35% insider) at $13, above the $10.50 to $12.50 range. The company had initially planned to offer 6.5 million shares. All additional...read more
Last week's two biotech IPOs - Aquinox Pharmaceuticals (AQXP) and Recro Pharma (REPH) - posted an average return of only 6% on their first day of trading on Friday. While Recro has continued to trade poorly, Aquinox has enjoyed a strong week, bringing its...read more
Last week Coupons.com (COUP), the year's third tech IPO (after Varonis (VRNS) and Care.com (CRCM)), continued a strong run for the sector with an 88% first-day gain; the three offerings now average an 83% total return to date. Others hope to cash in on...read more
Amber Road prices upsized IPO at $13, above the range
Amber Road, which provides cloud-based global trade management software, raised $96 million by offering 7.4 million shares (35% insider) at $13, above the $10.50 to $12.50 range. The company had initially planned to offer 6.5 million shares. All additional...read more
9 US IPOs planned for the week of Mar 17
The following IPOs are expected to price this week: A10 Networks (ATEN), which provides software-based appliances that optimize data center performance, plans to raise...read more
Biotechs post better returns this week before an IPO tech wave
Last week's two biotech IPOs - Aquinox Pharmaceuticals (AQXP) and Recro Pharma (REPH) - posted an average return of only 6% on their first day of trading on Friday. While Recro has continued to trade poorly, Aquinox has enjoyed a strong week, bringing its...read more
US IPO Recap: Coupons.com jumps 88% and Biomet files for an IPO
Last week Coupons.com (COUP), the year's third tech IPO (after Varonis (VRNS) and Care.com (CRCM)), continued a strong run for the sector with an 88% first-day gain; the three offerings now average an 83% total return to date. Others hope to cash in on...read more