Chinese smartphone maker Xiaomi Corp. is planning to raise up to $6 billion in its initial public offering next month—a big drop from the $10 billion previously expected after plans for a dual offering on mainland China were scuttled, according to people familiar with the matter. Xiaomi had initially planned to raise $10 billion in its IPO, with half coming from a mainland listing and the other half from Hong Kong, the Journal previously reported. But the company this week said it would postpone raising money on the mainland... … [Read more...] about China’s Xiaomi Scales Down IPO
Ipo
IPO threatens legal action if nominee not in governor debates
View Comments The Independent Party of Oregon says organizers have to invite its gubernatorial nominee, Patrick Starnes, to debates or face the consequences. "I hope we don't have to come to court; I would rather just come to the debates," Starnes said Monday, June 18. Starnes, a cabinet maker from Brownsville, won the IPO nomination earlier this month. He is up against Democrat incumbent Gov. Kate Brown and GOP nominee Rep. Knute Buehler of Bend. Starnes said he has not been invited to participate in any debates or forums involving his opponents. Under Oregon law, unless the organizers of any public forum or debate invite all major-party candidates for the office they are required to report the cost of the debate and advertising for the debate as an in-kind campaign contributions to the candidates who were invited. A D V E R T I S I N G | Continue reading belowThe IPO became Oregon's third major political party in 2015 after party members made up more than 5 percent of voters who … [Read more...] about IPO threatens legal action if nominee not in governor debates
IPO Stock With 100% Growth May Follow Path Of Alibaba, Facebook, Square
As future big winners Alibaba (BABA), Square (FB) and Facebook (FB) have shown, it often takes time for an IPO stock to find its footing and climb higher. Now specialty retail stock and 2017 IPO Floor & Decor (FND) may be another case in point as it lays the foundation for a potential new breakout move. [ibd-display-video id=3234581 width=50 float=left… … [Read more...] about IPO Stock With 100% Growth May Follow Path Of Alibaba, Facebook, Square
Software Stocks Flying High As Acquisitions, IPOs Drive Up Valuations
Acquisitions by Salesforce.com (CRM) and Workday (WDAY) — as well as initial public offerings by DocuSign (DOCU), Zscaler (ZS) and Smartsheet (SMAR) — are driving up valuations of computer software stocks to a point where a pullback may be needed to drive further deal-making, says Morgan Stanley. X "With fewer high-quality assets at attractive valuations, we believe a pullback in multiples across the software stocks group could enable the pace of M&A to re-accelerate," said Keith Weiss, a Morgan Stanley analyst in a report. Salesforce acquired MuleSoft in March for $5.5 billion, marking its biggest acquisition ever. Workday this month agreed to buy Adaptive Insights for $1.55 billion ahead of the startup's planned IPO. Both Salesforce.com and Workday acquired firms at historically high prices, says Morgan Stanley. The investment bank notes 52 software acquisitions in 2018 thus far. That includes purchases of private firms. Companies bought 36 and 37 … [Read more...] about Software Stocks Flying High As Acquisitions, IPOs Drive Up Valuations
New Program Eliminates Financial Risks for IPO & Reg A+ Filings
Success Locked-Fee and Abort & Delay Deferment program prevents sticker shock from financial printing / document production /EIN News/ -- New York, June 18, 2018 (GLOBE NEWSWIRE) -- Edgar Agents, the full-service SEC filing agency for public companies, private equity firms and securities law firms, today introduced the formal initiation of their Success Locked-Fee and Abort & Delay Deferment program for companies filing their Initial Public Offering (IPO) or Reg A+ “mini-IPO” registrations. Mirroring the evolving trend demonstrated by securities law firms that Edgar Agents partners with, this program addresses two common complaints heard from CEOs and CFOs during the preparation and final delivery of the registration statement Form S-1 or Form 1-A required by the U.S. Securities and Exchange Commission (SEC). 1) Exorbitant and unbudgeted invoices generated by opaque pricing and unstructured vendor … [Read more...] about New Program Eliminates Financial Risks for IPO & Reg A+ Filings