IPO Boutique Research, Color & More Information for Subscribers
SUBSCRIBE TO IPOBoutique’s Free Weekly Newsletter The IPO market was active in March as all ten deals that launched came to market and raised a total of $5.2bn. This included the $3.4bn cash raise from Snap Inc. (NYSE: SNAP) which was the largest cash raise since Alibaba (NYSE: BABA) raised $21.8bn in September 2014. Three deals priced above range[…]
It’s beginning to be a nice, consistent flow for the IPO market. So far in March, five deals have come to market…four are on the schedule for this week and one has already set terms for the week of March 20. The total amount of cash raised by the IPO market leading into the four[…]
IPO Boutique was quoted in a pair of articles this week: LA Times — Why Snap’s real estate idea may be new norm Investors.Com — Demand for Snap IPO is strong IPO Boutique produced this content: 1.18.2017 — Snap, Silicon Valley do not want your vote 1.24.2017 — Snap gets house in order ahead[…]
Snap Inc. and it’s $3bn cash raise is in the IPO on deck circle. The high-profile “camera company” (as they call themselves in their prospectus) is offering 200mm shares at a range of $14-$16 which would value the company between $19.5bn and $22.2bn. The cash raise would be the third largest offering in the last three[…]
We probably are not the first to write this line and likely won’t be the last. Snap Inc. has begun its roadshow and thus have opened itself up to snap judgments. One of the first analysts to rate this new issue comes from across the pond, Atlantic Equities Research analyst James Cordwell set a $14 price[…]
NEW FILINGS Company: J. Jill, Inc. Symbol: JILL Price: TBD Description: J.Jill is a nationally recognized women’s apparel brand focused on a loyal, engaged and affluent customer in the attractive 40-65 age segment. Trade Date: TBD Shares: TBD Underwriter(s): BofA Merrill Lynch, Morgan Stanley, Jefferies Co Manager(s): Deutsche Bank Securities, RBC Capital Markets, UBS Investment[…]
Snap, Inc. made its grand S-1 entrance on Thursday (2/2) with an official filing with the SEC. Talking heads instantly dissected the 200+ page document–everything from its financials to its user growth averages and ending with a potential valuation question. If we had to describe the filing in one word…it would be “aggressive”. There’s a lot to digest, breakdown and[…]
NEW FILINGS Company: Hamilton Lane Incorporated Symbol: HLNE Price: TBD Description: They are a global private markets investment solutions provider with approximately $40 billion of assets under management and approximately $274 billion of assets under advisement. Trade Date: TBD Shares: TB Underwriter(s): J.P. Morgan, Morgan Stanley Co Manager(s): Goldman Sachs & Co., Keefe Bruyette &[…]
The most high-profile IPO of 2017, Snap Inc., continues to leak information that an official IPO filing is imminent. The latest ‘drip’ comes from Recode’s Kara Swisher who reported late Friday night that Snap will officially file sometime later this week and possibly seek up to a $25bn valuation. Reuters is reporting that SnapChat will[…]
SUBSCRIBE TO IPOBoutique’s Free Weekly Newsletter You think there are a lot of Snap Inc. stories now? …a hoard of headlines are yet to come. For IPO investors, the wait will continue until an official S-1/A is filed with terms. However, it is highly positive to see the amount of stories trickling out about the[…]
SUBSCRIBE TO IPOBoutique’s Free Weekly Newsletter High-profile technology companies want your money — they just don’t want ‘anything else’ to do with you. Snap Inc., the high-profile company behind messaging service SnapChat, wants to retain management control (subscription-needed) by not allowing voting power to those buying shares in its rumored 1Q 2017 IPO. Silicon Valley is re-writing[…]
