Hortonworks (+65%), LendingClub (+56%) and New Relic (+48%) all had strong debuts in a week with six tech IPOs, the most in a week since 2000. The three 40%+ first-day pops were the most in a week since September 2013, when FireEye, Rocket Fuel and Benefitfocus...read more
Momo, a Chinese location-based meeting and messaging app with 60 million monthly active users, raised $216 million by offering 16 million ADSs at $13.50, the midpoint of the $12.50-$14.50 range. At its offer price, Momo commands a fully diluted market cap of...read more
The week ahead: high quality financial and technology IPOs
11 mostly high quality deals are on the IPO calendar to raise $2.7 billion during the week...read more
Momo, a Chinese location-based meeting and messaging app with 60 million monthly users, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $216 million by offering 16 million ADSs at a price range of $12.50 to $14.50. At the...read more
US IPO Weekly Recap: Three IPOs jump 40% in a week full of tech deals
Hortonworks (+65%), LendingClub (+56%) and New Relic (+48%) all had strong debuts in a week with six tech IPOs, the most in a week since 2000. The three 40%+ first-day pops were the most in a week since September 2013, when FireEye, Rocket Fuel and Benefitfocus...read more
Alibaba-backed social messaging app Momo prices IPO at $13.50, midpooint of the range
Momo, a Chinese location-based meeting and messaging app with 60 million monthly active users, raised $216 million by offering 16 million ADSs at $13.50, the midpoint of the $12.50-$14.50 range. At its offer price, Momo commands a fully diluted market cap of...read more
Week ahead: 11 IPOs planned for the week of December 8 led by Lending Club and high growth tech
The week ahead: high quality financial and technology IPOs 11 mostly high quality deals are on the IPO calendar to raise $2.7 billion during the week...read more
Alibaba-backed social network Momo sets terms for $216 million IPO
Momo, a Chinese location-based meeting and messaging app with 60 million monthly users, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $216 million by offering 16 million ADSs at a price range of $12.50 to $14.50. At the...read more