The initial public offering of microblogging platform Weibo has only sold 16.8 million shares instead of its expected 20 million share sale, reported TechCrunch.
IPO
Pre-IPO fraud lawsuit dismissed, Twitter gets final laugh
A lawsuit was filed against Twitter by two firms claiming that the microblogging platform has committed a pre-IPO fraud to justify the company's $10 billion valuation was dismissed by a US District Judge in New York.
First Foundation Inc. files for IPO
First Foundation Inc, a financial services company offering clients in multiple locations in the US, has filed for an intended initial public offering of common stock with the US Securities and Exchange Commission.
Weibo celebrates public debut, venture capitalist Charles Xue release from prison
Two coincidental events took place as Weibo executives rejoiced the warm welcome it received from the international financial markets after its IPO on the NASDAQ and the release of venture capitalist and Weibo user Charles Xue.
Twitter-clone Weibo cuts its IPO size offer
Chinese microblogging site Weibo has cut its offered IPO size after a shaky start taking in only USD286 million from 16.8 million depository shares sold which was far from the expectations on Wall Street.
Latest News
Yahoo Inc. would still get a hold of Chinese e-commerce giant Alibaba Group Holding Ltd even after the Chinese e-commerce firm launches its public debut this year.
Alibaba Group Holding's revenue has accelerated just in time before launching its public debut, reported ET.
FARMINGTON, CT--(Marketwired - Apr 14, 2014) - Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies in the technology, life science, healthcare information and services, and cleantech industries, announced today that, in connection with the United States Bankruptcy Court-approved sale of substantially all of the assets of Xtreme Power, Inc. ("Xtreme"), Horizon has successfully exited its investment in Xtreme.
Oklahoma City, US-based human resources (HR) and payroll tech firm Paycom priced its initial public offering (IPO) on the New York Stock Exchange at $15 per share, which is below the $18 to $20 range expected by analysts.
Beijing, China-based online cosmetics and perfume retailer JuMei filed for an initial public offering (IPO) in the US to raise $400 million, based in a document filed with the US Securities and Exchange Commission.
Zoe's Kitchen announced pricing its initial public offer for USD15 per share of common stock listed on the New York Stock Exchange.
Seplat's public debut has been expected to increase IPOs on the Nigerian Stock Exchange, reported Ventures Africa.
Enable Midstream Partners has announced its IPO price valued USD20 per share piece to start trading on Friday, April 11 on the NYSE.
Zandesk revealed its plan to go public and its acquisition of Singapore's Zopim, reported Ventures Beat.
