Spotify appears headed to a much -
anticipated public stock offer in the first half of next year.
Not exact matches
It's the day technology companies and investors have been waiting for: Snap, the parent company of disappearing - photo app Snapchat, has finally priced its
stock in the most highly
anticipated initial
public offering in years.
NEW YORK, N.Y. — Twitter had a strong
public stock debut Thursday in the most highly
anticipated initial
public offering since Facebook's last year.
The
anticipated initial
public offering price of our common
stock is substantially higher than the net tangible book value per share of our outstanding common
stock immediately after this
offering.
The Company's board of directors also approved an additional distribution to its members, to the extent the gross proceeds of the Company's planned initial
public offering exceed the
anticipated gross proceeds (including as a result of the exercise by the underwriters of their option to purchase additional shares of Class A common
stock), in an amount equal to the product of (A) the increased gross proceeds and (B) 0.273, to be paid from the proceeds of the Company's planned initial
public offering.
Based on an assumed initial
public offering price of $ per share (the midpoint of the price range set forth on the cover of this prospectus), we do not
anticipate that any of our existing warrants to purchase common
stock would remain outstanding upon the closing of this
offering.
Glimcher
anticipates that the acquisition will be funded through the net proceeds from a
public offering of common
stock and / or available funds from the company's credit facility.