TrueCar, which operates an online platform allowing consumers to get guaranteed pricing on new cars, raised $70 million by offering 7.8 million shares at $9, below the $12 to $14 range. At its offer price, the company raised 31% less proceeds than initially...read more
TrueCar, which publishes new car transaction data, announced terms for its IPO on Monday. The Santa Monica, CA-based company plans to raise $101 million by offering 7.8 million shares (1% insider) at a price range of $12 to $14. At the midpoint of the proposed...read more
TrueCar, which publishes new car transaction data on TrueCar.com, filed on Friday with the SEC to raise up to $125 million in an initial public offering. The Santa Monica, CA-based company, which was founded in 2005 and booked $134 million in sales for the...read more
TrueCar prices IPO at $9, well below the $12-$14 range
TrueCar, which operates an online platform allowing consumers to get guaranteed pricing on new cars, raised $70 million by offering 7.8 million shares at $9, below the $12 to $14 range. At its offer price, the company raised 31% less proceeds than initially...read more
8 US IPOs planned for the week of May 12
The following IPOs are expected to price this week: Bankwell Financial Group (BWFG), a commercial bank holding company with seven offices in Connecticut, plans to raise...read more
Auto pricing website TrueCar sets terms for $101 million IPO
TrueCar, which publishes new car transaction data, announced terms for its IPO on Monday. The Santa Monica, CA-based company plans to raise $101 million by offering 7.8 million shares (1% insider) at a price range of $12 to $14. At the midpoint of the proposed...read more
Auto pricing website TrueCar files for a $125 million IPO
TrueCar, which publishes new car transaction data on TrueCar.com, filed on Friday with the SEC to raise up to $125 million in an initial public offering. The Santa Monica, CA-based company, which was founded in 2005 and booked $134 million in sales for the...read more