JMP

Ibotta Announces Full Exercise of Underwriters’ Option to Purchase Additional Shares in Initial Public Offering

Retrieved on: 
Thursday, April 25, 2024

Ibotta did not receive any proceeds from the sale of the shares by the selling stockholders.

Key Points: 
  • Ibotta did not receive any proceeds from the sale of the shares by the selling stockholders.
  • Citizens JMP, Needham & Company and Raymond James acted as co-managers for the offering.
  • The offering was made only by means of a prospectus.
  • A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on April 17, 2024.

Ibotta Announces Pricing of Initial Public Offering

Retrieved on: 
Thursday, April 18, 2024

DENVER, April 17, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc. (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today the pricing of its initial public offering of 6,560,700 shares of its Class A common stock, 2,500,000 of which are being sold by Ibotta and 4,060,700 of which are being sold by certain selling stockholders, at a public offering price of $88.00 per share.

Key Points: 
  • DENVER, April 17, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc. (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today the pricing of its initial public offering of 6,560,700 shares of its Class A common stock, 2,500,000 of which are being sold by Ibotta and 4,060,700 of which are being sold by certain selling stockholders, at a public offering price of $88.00 per share.
  • In connection with the offering, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 984,105 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions.
  • Ibotta will not receive any proceeds from the sale of the shares by the selling stockholders.
  • Citizens JMP, Needham & Company and Raymond James are acting as co-managers for the offering.

Zealand Pharma Partners with Benchling to Advance R&D of Engineered Peptide Medicines

Retrieved on: 
Tuesday, April 23, 2024

SAN FRANCISCO and ZURICH, April 23, 2024 /PRNewswire/ -- Today Benchling announced that Zealand Pharma A/S, ("Zealand") a biotechnology company focused on the discovery and development of peptide-based medicines, has selected the Benchling R&D Cloud as its central source of truth for scientific data, collaboration, and insights. Teams across Zealand will use the Benchling R&D Cloud to capture, analyze, and share stability data internally and with their external contract manufacturing organization (CMO) partners, in compliance with GxP. 

Key Points: 
  • Teams across Zealand will use the Benchling R&D Cloud to capture, analyze, and share stability data internally and with their external contract manufacturing organization (CMO) partners, in compliance with GxP.
  • Scientists and partners can't be slowed down by siloed systems or a lack of consistent data," said Ludo Otterbein, Head of IT at Zealand Pharma.
  • Benchling will provide Zealand with the digital data foundation that helps us safely and confidently scale new use cases and partners."
  • "Benchling R&D Cloud gives Zealand the modern technology to streamline and accelerate its development, compliance, and partner needs.

Ibotta Announces Launch of Initial Public Offering

Retrieved on: 
Monday, April 8, 2024

Ibotta will not receive any proceeds from the sale of shares by the selling stockholders.

Key Points: 
  • Ibotta will not receive any proceeds from the sale of shares by the selling stockholders.
  • In addition, the underwriters will have a 30-day option to purchase up to an additional 843,750 shares of Class A common stock from the selling stockholders at the initial public offering price, less underwriting discounts and commissions.
  • The initial public offering price is estimated to be between $76.00 and $84.00 per share.
  • Citizens JMP, Needham & Company and Raymond James will act as co-managers for the proposed offering.

ADTH Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of AdTheorent Holding Company, Inc. to Cadent

Retrieved on: 
Monday, April 1, 2024

MONSEY, N.Y., April 01, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $3.21 per share in cash at which AdTheorent Holding Company, Inc. (Nasdaq: ADTH) (“AdTheorent”) has agreed to be sold to Cadent.

Key Points: 
  • MONSEY, N.Y., April 01, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $3.21 per share in cash at which AdTheorent Holding Company, Inc. (Nasdaq: ADTH) (“AdTheorent”) has agreed to be sold to Cadent.
  • The sales price is equal to the closing price of AdTheorent on March 28, 2024, thus providing no premium.
  • It is also below the price target for AdTheorent of virtually every Wall Street analyst covering the stock (source: TipRanks).
  • “We are investigating whether the AdTheorent Board of Directors acted in the best interests of AdTheorent shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

Ibotta Files Registration Statement for Proposed Initial Public Offering

Retrieved on: 
Friday, March 22, 2024

DENVER, March 22, 2024 (GLOBE NEWSWIRE) -- Ibotta, a leading technology company providing digital promotions and performance marketing solutions, announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock.

Key Points: 
  • DENVER, March 22, 2024 (GLOBE NEWSWIRE) -- Ibotta, a leading technology company providing digital promotions and performance marketing solutions, announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock.
  • The number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • Ibotta intends to list its Class A common stock on the New York Stock Exchange under the symbol "IBTA."
  • Citizens JMP, Needham & Company and Raymond James will act as co-managers for the proposed offering.

Reddit Announces Pricing of Initial Public Offering

Retrieved on: 
Wednesday, March 20, 2024

Reddit, Inc. (“Reddit”) today announced the pricing of its initial public offering of an aggregate 22,000,000 shares of its Class A common stock, 15,276,527 of which are being sold by Reddit and 6,723,473 of which are being sold by certain selling stockholders, at a public offering price of $34 per share.

Key Points: 
  • Reddit, Inc. (“Reddit”) today announced the pricing of its initial public offering of an aggregate 22,000,000 shares of its Class A common stock, 15,276,527 of which are being sold by Reddit and 6,723,473 of which are being sold by certain selling stockholders, at a public offering price of $34 per share.
  • Reddit will not receive any proceeds from any sale of shares by the selling stockholders.
  • In addition, Reddit has granted the underwriters a 30-day option to purchase up to an additional 3,300,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions.
  • Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, J.P. Morgan, and BofA Securities are acting as lead book-running managers for the offering.

Contrast Security Named One of the Hottest Cybersecurity Companies in the 2024 Citizens JMP Securities LLC Cyber 66 Report

Retrieved on: 
Tuesday, April 2, 2024

LOS ALTOS, Calif., April 2, 2024 /PRNewswire/ -- Contrast Security (Contrast), provider of the industry's first Runtime Security Platform to automatically block attacks in production and prevent insecure programming early in development, today announced that it has been named one of the hottest global cybersecurity companies in this year's Cyber 66 report, curated by Citizens JMP, one of the country's top investment banks. This is the sixth consecutive year that Contrast and its innovative, unified Runtime Security Platform has been named to the annual report.

Key Points: 
  • This is the sixth consecutive year that Contrast and its innovative, unified Runtime Security Platform has been named to the annual report.
  • This year's JMP Cyber 66 report states, "[A] dominant theme in cybersecurity in 2023 was the notion of platformization/consolidation of the security tool stack.
  • "Contrast is honored to be recognized by Citizens JMP as one of the hottest cybersecurity companies," said Contrast Security CEO Rick Fitz.
  • The Citizens JMP Cyber 66 executive overview, including the Contrast Security listing, can be downloaded here .

John Mattone Selected as World's Top Professional Coach for the Fifth Time

Retrieved on: 
Tuesday, February 20, 2024

As a bestselling author and globally renowned coach, speaker, and educator, John Mattone will be honored at the 2024 Annual Gala in Bali by Global Gurus.

Key Points: 
  • As a bestselling author and globally renowned coach, speaker, and educator, John Mattone will be honored at the 2024 Annual Gala in Bali by Global Gurus.
  • As a reputable research organization, Global Gurus first honored Mattone in July 2019 at the Annual Gala in Toronto.
  • John Mattone is the founder of one of the world's leading coaching and leadership development firms, John Mattone Global (JMG).
  • John Mattone is the former executive coach to the late Steve Jobs and the former legendary CEO of PepsiCo, Roger Enrico.

Freshworks to Participate in Upcoming Investor Conferences

Retrieved on: 
Wednesday, February 28, 2024

SAN MATEO, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQ: FRSH) today announced participation in the following events:

Key Points: 
  • SAN MATEO, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQ: FRSH) today announced participation in the following events:
    JMP Securities Technology Conference: Tyler Sloat, Chief Financial Officer, is scheduled to participate in a fireside chat on Tuesday, March 5, 2024 at 8:30 a.m. Pacific Time (11:30 a.m. Eastern Time)
    Morgan Stanley Technology, Media and Telecom Conference: Dennis Woodside, President, is scheduled to participate in a fireside chat on Wednesday, March 6, 2024 at 8:45 a.m. Pacific Time (11:45 a.m. Eastern Time)