4 Ignored IPOs Worth a Serious Look

Sep 12, 2016, 2:57 pm EDT
4 Ignored IPOs Worth a Serious Look

When it comes to IPOs this year, the activity has certainly been muted. Keep in mind that there have been a mere 59 pricings so far. Source: Flickr

To put this into perspective, 170 IPOs hit the market in 2015 and a whopping 275 came public a year before.

Despite this, it looks like things are starting to improve. Hey, Twilio Inc (NYSE:TWLO) has logged a gain of 277% and Acacia Communications, Inc. (NASDAQ:ACIA) is up 422%! Read 

12 Things to Know About the Valvoline IPO

Sep 12, 2016, 1:22 pm EDT

Ashland Inc (NYSE:ASH) announced in a Form 8-K filing with the U.S. Securities and Exchange Commission on Monday that it has launched its Valvoline IPO. Source: Mike Mozart Via Flickr

Here are a few things to know about the Valvoline IPO that will have it separating from Ashland.

    The company will be offering 30 million shares of its common stock in the IPO. Underwriters will have the option to purchase an additional 4.5 million shares. Ashland will own 170 million Valvoline shares after the IPO is finished. This will have it owning 85% of the company’s stock, or 83% if the underwriters purchase the additional 4.5 million shares. It has applied to have its common stock listed on the New York Stock Exchange under the “VVV” ticker. The company is expecting the stock to be priced between $20 per share and $23 per share. Valvoline is expecting to raise about $605 million from its IPO. The lubcricant company plans to acquire $980 million in debt after the IPO and transfer it to Ashland. Ashland will use the money obtained from Valvoline to pay off some of its own debts. The IPO could have the company raising as much as $793 million, before fees, if underwriters acquires the extra 4.5 million shares being offered to them. Ashland is planning to spin off its stake in the company to its shareholders after a certain amount of time. About 5% of the shares being sold in the IPO are being reserved for Valvoline employees and franchisees of the company’s Instant Oil Change stores.

Follow these links to learn more about the Valvoline IPO. Read 

Should You Buy a Snapchat IPO?

Sep 12, 2016, 11:31 am EDT
Should You Buy a Snapchat IPO?

According to a report in The Information, it looks like Snapchat is talking to Wall Street bankers about maybe filing for an IPO later this year or early in 2017. This shouldn’t be surprising. The fact is, the timing looks pretty good for a Snapchat IPO.

First of all, the equities markets have continued to remain in the bull phase — although, there may still be some trepidation for the next few months because of the wild presidential election.

Next, there are already signs that investors are hungry for fast-growing tech deals — even if the companies are not profitable. Just take a look at Twilio Inc’s (NYSE:TWLO) 267% gains as well as Acacia Communications, Inc.’s (NASDAQ:ACIA) torrid 365% increase. Read 

A Dropbox IPO Could Be Coming in 2017

Aug 15, 2016, 3:49 pm EDT

Dropbox may launch its IPO as early as 2017.

The data storage company has hired advisers to discuss the possibility of going public with its stock. These preliminary talks are designed to determine Dropbox’s potential valuation and how realistic it would be for the company to get a listing.

At June’s Bloomberg Technology Conference — which showcases innovative Silicon Valley companies and products — Dropbox announced that it is finally free-cash-flow positive. A combination of revenue growth and discipline on costs helped make this a reality. Read 

Acacia Communications, Inc. (ACIA): Boom or Bust? What Investors Should Know

Aug 15, 2016, 12:58 pm EDT

Acacia Communications, Inc. (NASDAQ:ACIA), a builder of optical networking systems, is certainly not a household name. Even in Silicon Valley, the company doesn’t get much attention. Yet Wall Street has taken notice, posting a sizzling return of 316% since going public in May.

Growth has been torrid, as seen with last week’s stellar earnings report, sending ACIA stock up 41%! So, just what is Acacia Communications and why the interest from investors? Well, let’s take a look:

Back in 2009, Mehrdad Givehchi, Benny Mikkelsen and Christian Rasmussen launched Acacia Communications. The mission was to build optical networking equipment that would not only boost speed and time-to-market, but also greatly reduce overall costs. Read 

Line Corp IPO Cashes in on the Mobile Chat Revolution (LN)

Jul 14, 2016, 1:07 pm EDT
Line Corp IPO Cashes in on the Mobile Chat Revolution (LN)

Finally, the IPO market has come back to life. Today the chat operator Line Corp (ADR) (NYSE:LN) pulled off a convincing offering, with the stock up about 32%. This came after the company boosted the price range on the deal and priced the shares at the top end. Source: Via Line Corp

Good news for the underwriters, including Morgan Stanley (NYSE:MS), Goldman Sachs Group Inc (NYSE:GS), JPMorgan Chase & Co. (NYSE:JPM) and Nomura Securities. And the Line IPO likely means that — during the fall –we’ll probably see quite a bit more activity with public offerings.

But first, let’s take a deeper look at the company. Actually, the roots of Line go back to 2011 when Naver Corporation — which is a large Internet operator in Korea — built the app as a way to allow people to communicate in the aftermath of the horrific earthquake and tsunami in Japan. The core functions included text, voice and even video calls. And of course, there was no charge. Read 

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