Despite a downturn in the markets last week, the IPO market surged ahead, with nine deals pricing and two gaining more than 50%. Six of last week’s deals priced...read more
MiX Telematics (MIXT), a leading global provider of fleet management SaaS solutions, raised $101 million by offering 6.3 million ADSs (30% insider) at $16, the high end of the $14 to $16 range. At the offer price MiX Telematics has a fully diluted market value...read more
MiX Telematics, which provides fleet and mobile management SaaS solutions, announced terms for its IPO on Monday. The Midrand, South Africa-based company plans to raise $94 million by offering 6.3 million ADSs (30% insider) at a price range of $14 to $16. At the...read more
US IPO Recap: Nine deals price, Intrexon and Cvent soar
Despite a downturn in the markets last week, the IPO market surged ahead, with nine deals pricing and two gaining more than 50%. Six of last week’s deals priced...read more
MiX Telematics prices IPO at $16, at high end of the range
MiX Telematics (MIXT), a leading global provider of fleet management SaaS solutions, raised $101 million by offering 6.3 million ADSs (30% insider) at $16, the high end of the $14 to $16 range. At the offer price MiX Telematics has a fully diluted market value...read more
11 US IPOs planned for the week of Aug 5
The following IPOs are expected to price this week: China Commercial Credit (CCCR), a microcredit lender to small businesses in the Jiangsu Province of China, plans to...read more
South African-based fleet management SaaS provider MiX Telematics sets terms for $94 million US IPO
MiX Telematics, which provides fleet and mobile management SaaS solutions, announced terms for its IPO on Monday. The Midrand, South Africa-based company plans to raise $94 million by offering 6.3 million ADSs (30% insider) at a price range of $14 to $16. At the...read more