The IPO market saw sevens this past week. Seven IPOs raised $700 million. Cybersecurity firm Rapid7 spiked 56% on its offering, while cancer biotech ProNAi Therapeutics (+76%) had the seventh-best debut of 2015 and home phone provider Ooma had the...read more
Ooma, which provides internet-based phone service to homes and small businesses, raised $65 million by offering 5 million shares at $13, below the range of $16 to $18. Ooma plans to list on the NYSE under the symbol OOMA. Credit Suisse, BofA Merrill Lynch and...read more
After a July 4th pause in the IPO market, eight companies could go public this week and raise $675 million. None of the scheduled deals expect to raise over $125 million in proceeds, and only two have proposed market caps over $500 million. This week's...read more
Ooma, which provides internet-based telecom services for homes and small businesses, announced terms for its IPO on Monday. The Palo Alto, CA-based company plans to raise $85 million by offering 5 million shares at a price range of $16 to $18. At the...read more
US IPO Weekly Recap: IPO market back on track as tech and biotech deals fly up over 50%
The IPO market saw sevens this past week. Seven IPOs raised $700 million. Cybersecurity firm Rapid7 spiked 56% on its offering, while cancer biotech ProNAi Therapeutics (+76%) had the seventh-best debut of 2015 and home phone provider Ooma had the...read more
Ooma prices IPO at $13, below the range
Ooma, which provides internet-based phone service to homes and small businesses, raised $65 million by offering 5 million shares at $13, below the range of $16 to $18. Ooma plans to list on the NYSE under the symbol OOMA. Credit Suisse, BofA Merrill Lynch and...read more
Week ahead: 8 IPOs planned for the week of July 13
After a July 4th pause in the IPO market, eight companies could go public this week and raise $675 million. None of the scheduled deals expect to raise over $125 million in proceeds, and only two have proposed market caps over $500 million. This week's...read more
Internet-based telecom provider Ooma sets terms for $85 million IPO
Ooma, which provides internet-based telecom services for homes and small businesses, announced terms for its IPO on Monday. The Palo Alto, CA-based company plans to raise $85 million by offering 5 million shares at a price range of $16 to $18. At the...read more