IPOs and Secondaries

IPOs and Secondaries Articles

Chinese lithium-ion battery maker Advanced Battery Technologies, Inc. (NASDAQ: ABAT) will sell $10 million worth of preferred stock and warrants to three institutional investors. The warrants, which...
Bank of America Corporation (NYSE: BAC) has just issued an update on its capital raising to date.  The banking giant has raised almost $26 billion and said it is “well on its way” to that $33.9...
IPO investors have long been mixed about partial spin-offs, and just outright nervous when it comes to the term ‘tracking stock’ in an IPO.  Regardless of how you feel, it is impossible to deny...
There is news out today that social networking leader Facebook has secured a $200 million financing from Digital Sky Technologies, an internet investment group with significant stakes in Eastern...
Suntech Power Holdings Co. Ltd. (NYSE:STP) has priced its follow-on offering of 20 million ADSs at $12.50/ADS. The underwriters have an over-allotment option on an additional 3 million ADSs. Is Your...
DryShips Inc. (NASDAQ: DRYS) is seeing a surge of interest this morning after the company said it had completed its “ATM” financing of some $475 million in gross proceeds.  Merrill Lynch acted...
OpenTable, Inc. (NASDAQ: OPEN) has just opened around $25.00 on its initial public offering.  The online restaurant reservations system priced its 3 million share IPO at $20.00 per share, which was...
Suntech Power Holdings Co. Ltd. (NYSE: STP) is seeing shares take a hit this morning after the solar player filed to raise capital afterissuing earnings.  The company’s profit slid to $1.8...
YRC Worldwide Inc. (NASDAQ: YRCW) has not been without its  problems.  We recently saw reports about how it was trying to raise funds from the government and we have just seen an SEC filing in a...
Solar panel maker Evergreen Solar, Inc. (NASDAQ:ESLR) has begun a secondary offering of common stock to raise $60 million.  The company plans to offer the underwriter, Piper Jaffray & Co., a...
SolarWinds, Inc. (NYSE: SWI) is set to debut in an initial public offering this Wednesday morning.  We got a premium pricing at $12.50 for 12.11 million shares, which is higher than the $9.50 to...
There is an interesting question that we would like to pose after hearing about an 800 million share or 825 million share secondary coming from Bank of America Corporation (NYSE: BAC).  If you were...
It is no secret that the banks that can pay the money back want out from under the Troubled Asset Relief Plan, or the TARP.  It is also no secret that the Treasury, the Federal Reserve, and the...
We are expecting two initial public offerings this week.  On the docket are SolarWinds, Inc. to trade under the “SWI” ticker on the NYSE, and OpenTable, Inc. to trade under the “OPEN” ticker...
We have been keeping track of the 2009 IPOs that made it to market, and while one is barely broken, a portfolio of the IPOs from the pricing level gives a solid performance that might allow more and...