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FLTX News

Collision avoidance company Mobileye files for a $100 million IPO

Mobileye, which provides camera-based technology to avoid automobile collisions, filed on Thursday with the SEC to raise up to $100 million in an initial public offering, although the deal size is likely just a placeholder. We estimate the company could raise...read more

Active week for IPOs marred by lackluster trading

The fourth quarter got off to an active start this week as six of seven deals on the calendar priced. The trend of pricing pressure continued in October’s first week as four of six deals priced at the low end or below their range. Since July 25, 18 of 26...read more

Fleetmatics Group prices IPO at $17, at high end of the range

Fleetmatics Group, a leading provider of on-demand fleet management solutions, raised $133 million by offering 7.8 million shares at $17, at high end of the range of $15 to $17. Fleetmatics Group plans to list on the NYSE under the symbol FLTX. Barclays and BofA...read more

8 US IPOs planned for the week of Oct 1

The following IPOs are expected to price this week: Berry Plastics Group (BERY), which manufactures plastic goods and containers for consumer applications, plans to raise...read more