Initial public offering

Veracyte Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Science, Biotechnology, Research, Surgery, Health, Infectious diseases, Genetics, Clinical trials, Finance, Money, Financial economics, Financial markets, Initial public offering, Stock market, Corporate finance, SVB Leerink, Goldman Sachs, Public offering, Shelf registration, Security
Friday, August 7, 2020 - 9:15pm

Veracyte, Inc. (Nasdaq: VCYT) announced today the closing of its public offering of 6,900,000 shares of common stock, including 900,000 shares sold upon full exercise of the underwriters option to purchase additional shares, at a price to the public of $30.00 per share.

Key Points: 
  • Veracyte, Inc. (Nasdaq: VCYT) announced today the closing of its public offering of 6,900,000 shares of common stock, including 900,000 shares sold upon full exercise of the underwriters option to purchase additional shares, at a price to the public of $30.00 per share.
  • The net proceeds to Veracyte from the offering were approximately $194 million, after deducting underwriting discounts and commissions and estimated offering expenses.
  • Goldman Sachs & Co., LLC and SVB Leerink LLC acted as joint lead book-running managers for the offering.
  • The public offering was made pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission on May 2, 2019.

BowX Acquisition Corp. Announces Closing of $420,000,000 Initial Public Offering

Initial public offering, Financial economics, Finance, Money, Corporate finance, Actuarial science, Underwriting, Public offering, Offering, Stock market
Friday, August 7, 2020 - 9:00pm

Menlo Park CA, Aug. 07, 2020 (GLOBE NEWSWIRE) -- BowX Acquisition Corp. (the Company) announced today that it closed its initial public offering of 42,000,000 units at $10.00 per unit.

Key Points: 
  • Menlo Park CA, Aug. 07, 2020 (GLOBE NEWSWIRE) -- BowX Acquisition Corp. (the Company) announced today that it closed its initial public offering of 42,000,000 units at $10.00 per unit.
  • The offering resulted in gross proceeds to the Company of $420 million.
  • The Company has granted the underwriter a 45-day option to purchase up to an additional 6,300,000 units at the initial public offering price to cover over-allotments, if any.
  • This press release contains statements that constitute forward-looking statements, including with respect to the anticipated use of net proceeds of the public offering.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against 36Kr Holdings Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

Legal, Professional services, Financial markets, Stock market, Finance, Class action lawsuits, Equity securities, Lawsuits, Securities Class Action, ADSS, American depositary receipt, Initial public offering, Security
Friday, August 7, 2020 - 8:03pm

The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of 36Kr Holdings Inc. (36Kr or the Company) (NASDAQ: KRKR ) for violations of the securities laws.

Key Points: 
  • The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of 36Kr Holdings Inc. (36Kr or the Company) (NASDAQ: KRKR ) for violations of the securities laws.
  • The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • 36Kr commenced its initial public offering (IPO) on November 8, 2019, selling approximately 1.4 million American depositary shares (ADSs) at $14.50 per ADS.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

Vistas Media Acquisition Company Inc. Commences Trading of $100 Million IPO on Nasdaq

Finance, Money, Financial markets, Corporate finance, Private equity, Special-purpose acquisition company, NASDAQ, Stock exchange, Initial public offering
Friday, August 7, 2020 - 7:19pm

New York , Aug. 07, 2020 (GLOBE NEWSWIRE) -- Vistas Media Acquisition Company Inc. (Nasdaq: VMACU) (VMAC or the Company), a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, commenced trading today of its $100 million initial public offering on The Nasdaq Stock Market.

Key Points: 
  • New York , Aug. 07, 2020 (GLOBE NEWSWIRE) -- Vistas Media Acquisition Company Inc. (Nasdaq: VMACU) (VMAC or the Company), a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, commenced trading today of its $100 million initial public offering on The Nasdaq Stock Market.
  • I-Bankers Securities, Inc. is acting as sole book-running manager and Earlybird Capital is acting as co-manager for the IPO.
  • The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
  • Vistas Media Acquisition Company Inc.

Holicity Inc. Announces Closing of $275 Million Initial Public Offering

Other Professional Services, Professional services, Finance, Financial markets, Stock market, Finance, Financial economics, Security, Initial public offering, Underwriting, Forward-looking statement, Offering, Short
Friday, August 7, 2020 - 7:57pm

Holicity Inc. (the Company) announced the closing today of its initial public offering of 27,500,000 units at a price of $10.00 per unit.

Key Points: 
  • Holicity Inc. (the Company) announced the closing today of its initial public offering of 27,500,000 units at a price of $10.00 per unit.
  • Deutsche Bank Securities Inc. and BofA Securities are the joint book-running managers of the offering.
  • The Company has granted the underwriters a 45-day option to purchase up to an additional 4,125,000 units at the initial public offering price to cover over-allotments, if any.
  • Cautionary Note Concerning Forward-Looking Statements This press release contains statements that constitute forward-looking statements, including with respect to the initial public offering and search for an initial business combination.

Deadline Reminder: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Velocity Financial, Inc. (VEL) Investors

Legal, Professional services, Initial public offering
Friday, August 7, 2020 - 5:30pm

Investors suffering losses on their Velocity investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com .

Key Points: 
  • Investors suffering losses on their Velocity investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com .
  • In January 2020, Velocity completed its initial public offering ("IPO"), selling 7,250,000 shares at $13 per share and raising approximately $94 million.
  • On May 13, 2020, the Company announced its financial results for first quarter 2020, the same quarter in which the IPO was conducted.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Vistas Media Acquisition Company Inc. Announces Pricing of $100,000,000 Initial Public Offering

Initial public offering, NASDAQ, Finance, Financial markets, Investment
Friday, August 7, 2020 - 1:33pm

NEW YORK, Aug. 07, 2020 (GLOBE NEWSWIRE) -- Vistas Media Acquisition CompanyInc.

Key Points: 
  • NEW YORK, Aug. 07, 2020 (GLOBE NEWSWIRE) -- Vistas Media Acquisition CompanyInc.
  • (NASDAQ: VMACU ) (VMAC or the Company) announced the pricing yesterday of its initial public offering (IPO) of 10,000,000 units at a price to the public of $10.00 per unit.
  • The Company intends to identify a target business in the Global Media & Entertainment sector.
  • Vistas Media Acquisition Company Inc.

AquaBounty Technologies, Inc. Announces Pricing of $27.5 Million Public Offering of Common Stock

Financial economics, Finance, Corporate finance, Money, Stock market, Initial public offering, Financial markets, Actuarial science, Underwriting, Stock, Public offering, Greenshoe
Friday, August 7, 2020 - 2:00pm

AquaBounty expects to receive aggregate gross proceeds of approximately $27.5 million from the offering.

Key Points: 
  • AquaBounty expects to receive aggregate gross proceeds of approximately $27.5 million from the offering.
  • In addition, the Company has granted the underwriters of the offering a 30-day option to purchase up to 1,650,000 additional shares of common stock at the public offering price, less underwriting discounts and commissions.
  • The offering is expected to close on or about August 11, 2020, subject to customary closing conditions.
  • Oppenheimer & Co. Inc. and Lake Street Capital Markets, LLC are acting as joint book-running managers for this offering.

Duck Creek Technologies Launches Initial Public Offering

Finance, Financial economics, Corporate finance, Stock market, Financial markets, Actuarial science, Underwriting, Initial public offering, Public offering, Stock
Friday, August 7, 2020 - 1:00pm

7, 2020 (GLOBE NEWSWIRE) -- Duck Creek Technologies, Inc. (Duck Creek), a provider of SaaS-delivered enterprise software to the property and casualty (P&C) insurance industry, announced today that it has launched its initial public offering of 15,000,000 shares of its common stock.

Key Points: 
  • 7, 2020 (GLOBE NEWSWIRE) -- Duck Creek Technologies, Inc. (Duck Creek), a provider of SaaS-delivered enterprise software to the property and casualty (P&C) insurance industry, announced today that it has launched its initial public offering of 15,000,000 shares of its common stock.
  • The initial public offering price is expected to be between $19.00 and $21.00 per share, before underwriting discounts and commissions.
  • In addition, Duck Creek expects to grant the underwriters a 30-day option to purchase up to an additional 2,250,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions.
  • Forward-looking statements, including statements regarding the size, timing and expected price range of the initial public offering, are based on Duck Creeks current expectations and assumptions.

Freeline Announces Pricing of Initial Public Offering

Finance, Financial economics, Financial markets, Initial public offering, Corporate finance, American depositary receipt, ADSS, Daimler Freeline, Underwriting, Public offering
Friday, August 7, 2020 - 7:50am

LONDON, Aug. 07, 2020 (GLOBE NEWSWIRE) -- Freeline Therapeutics Holdings plc (Freeline), a clinical-stage, fully integrated, next generation, systemic AAV-based gene therapy company with the ambition of transforming the lives of patients suffering from inherited systemic debilitating diseases, today announced the pricing of its initial public offering in the United States of 8,823,529 American Depositary Shares (ADSs) representing 8,823,529 ordinary shares at an initial public offering price of $18.00 per ADS for total gross proceeds of approximately $158.8 million.

Key Points: 
  • LONDON, Aug. 07, 2020 (GLOBE NEWSWIRE) -- Freeline Therapeutics Holdings plc (Freeline), a clinical-stage, fully integrated, next generation, systemic AAV-based gene therapy company with the ambition of transforming the lives of patients suffering from inherited systemic debilitating diseases, today announced the pricing of its initial public offering in the United States of 8,823,529 American Depositary Shares (ADSs) representing 8,823,529 ordinary shares at an initial public offering price of $18.00 per ADS for total gross proceeds of approximately $158.8 million.
  • All ADSs sold in the offering were offered by Freeline.
  • In addition, Freeline has granted the underwriters a 30-day option to purchase up to an additional 1,323,529 ADSs at the initial public offering price, less underwriting discounts and commissions.
  • The offering is expected to close on 11 August 2020, subject to customary closing conditions.