Ridesharing giant Uber (UBER) made its debut this week, raising $8.1 billion dollars at a market cap of $82 billion, making it the largest US IPO since Alibaba went public in 2014. Uber priced its IPO at $45, 4% below the midpoint of the $44...read more
Jiayin Group, a Chinese online lending marketplace, raised $37 million by offering 3.5 million ADSs at $10.50, the low end of the range of $10.50 to $12.50. Outside investors had indicated an interest in purchasing up to $43 million of the IPO (117% of deal...read more
Jiayin Group, a Chinese online lending marketplace, announced terms for its IPO on Monday. The Shanghai, China-based company plans to raise $40 million by offering 3.5 million ADSs at a price range of $10.50 to $12.50. Outside investors have indicated an...read more
As expected, the 2019 US IPO market is off to a slow start. This is largely driven by three factors: 1. January is typically a less active month for IPOs 2. The market's recent downturn and spike in volatility makes it difficult to price new deals 3....read more
US IPO Weekly Recap: Uber falls 8% in a disappointing debut
Ridesharing giant Uber (UBER) made its debut this week, raising $8.1 billion dollars at a market cap of $82 billion, making it the largest US IPO since Alibaba went public in 2014. Uber priced its IPO at $45, 4% below the midpoint of the $44...read more
Chinese lending marketplace Jiayin Group prices IPO at $10.50 low end
Jiayin Group, a Chinese online lending marketplace, raised $37 million by offering 3.5 million ADSs at $10.50, the low end of the range of $10.50 to $12.50. Outside investors had indicated an interest in purchasing up to $43 million of the IPO (117% of deal...read more
Chinese lending marketplace Jiayin Group sets terms for pre-sold $40 million US IPO
Jiayin Group, a Chinese online lending marketplace, announced terms for its IPO on Monday. The Shanghai, China-based company plans to raise $40 million by offering 3.5 million ADSs at a price range of $10.50 to $12.50. Outside investors have indicated an...read more
These will be the first IPOs of 2019
As expected, the 2019 US IPO market is off to a slow start. This is largely driven by three factors: 1. January is typically a less active month for IPOs 2. The market's recent downturn and spike in volatility makes it difficult to price new deals 3....read more