Sentences with phrase «shares in a public offering»

Last year, the billionaire even engaged in a brief Twitter spat with Fortune (including blocking Fortune «s primary Twitter account) over its reporting in the wake of a Tesla driver's fatal crash and Musk's post-crash sale of Tesla shares in a public offering.
A year later, he founded Tesla Motors, a Palo Alto, California - based company that produced the world's first all - electric, zero - emission sports car in 2010, the same year the company sold shares in a public offering.
His third company, SolarCity, is the biggest provider of solar power systems in the U.S. Managed by his cousins, Peter and Lyndon Rive, SolarCity sold shares in a public offering in 2012 and was bought by Tesla on Nov. 21, 2016.
Under certain circumstances, including if the public offering occurs prior to March 24, 2015, or if the right to purchase shares in the public offering conflicts with applicable securities laws, or if some other legal impediment or requirement would prevent or materially delay the consummation of or unreasonably interfere with either such offering or the purchase of the shares by Passport in such offering, then instead of the right to purchase shares in the public offering, Passport would have the right to purchase the same number of shares, at the same purchase price the shares in the public offering are sold to the public, in a separate and concurrent private placement transaction.
If the managing underwriters of any such public offering determine in good faith that the purchase by Passport of such number of shares in the public offering would be detrimental to the public offering, then the managing underwriters may, in their sole discretion, reduce the number of shares that Passport may purchase.
The pair created a search engine in a friend's garage in 1998, eventually forming Google and selling shares in a public offering in 2004.

Not exact matches

An initial public offering — or IPO as it's most commonly called — is the way for companies to go from private to public and sell stock shares in their firm.
Spotify is pursuing an unusual direct listing to reach the public markets in place of an initial public offering, and shares are expected to start trading on Tuesday.
There are still questions in the investing community about which international exchange Saudi Aramco would list on, with exchanges in New York, London and even those in China in the running for a slice of the public share offering.
The initial public offering of Saudi Aramco in a city such as New York or London was expected to be the largest ever share listing.
Nearly a dozen tech companies that have gone public since in 2014 have seen their share prices fall below their offering prices, according to a new report in the Wall Street Journal.
• Bioceres, a Rosario, Argentina GMO firm, said it plans to raise $ 130 million in an initial public offering of 11.8 million shares priced between $ 10 to $ 12 a piece.
It reads, ``... the trading volume and price of our ordinary shares may be more volatile than if our ordinary shares were initially listed in connection with an underwritten initial public offering
As new financial details are revealed, Uber's shareholders must consider whether to sell shares at the current $ 32.97 - per - share price that SoftBank has offered, or wait for a potential public offering in 2019.
Spotify's direct listing differed from a standard initial public offering in that the company only sold existing shares instead of issuing new ones and had minimal contact with investment banks, which typically underwrite IPOs.
Clementia, which focuses on super rare bone disorders, raised $ 120 million in its public offering at $ 15 per share.
Its shares are down 68 % from its initial public offering in 2014.
Snap Inc's in - demand shares are set to start trading in New York on Thursday after the owner of the popular Snapchat messaging app raised $ 3.4 billion in its initial public offering (IPO) on Wednesday, above its price expectations.
Sanofi said on Monday it would pay 45 euros per share in cash for Ablynx, a premium of 21.2 percent over its closing price on Friday - and more than double the price before Novo went public with its initial offer.
Its share price has soared about 150 percent since going public in November with an offering price of $ 26.
Zillow dropped more major news on Monday, announcing that it plans to offer 2.5 million shares of its Class A common stock in an underwritten public offering.
Zipcar has since gone from being an interesting idea to the leader in car sharing, with about 760,000 members, a public offering in 2011, and $ 300 million in annual revenues.
Musk had not revealed the crash, which occurred May 7, to shareholders before a public offering of $ 2 billion in shares nine days later.
Palihaptiya's comments helped send Box's shares to a level that is nearly equal to their peak price on the day of its initial public offering in 2015.
Baidu, China's largest internet search company, plans an initial public offering of shares in its video - streaming site, iQiyi.com, the Wall Street Journal reported, citing people familiar with the matter.
The company is reportedly preparing to go public in a very different way, with shares offered directly to the public.
Shake Shack, a burger chain founded in New York City, has disclosed it expects to price the company's initial public offering between $ 14 to $ 16 per share in a deal that Reuters estimates could value the company at up to $ 568 million.
Pivotal stock started trading at $ 16.75 per share after the company priced shares at $ 15 in its initial public offering.
On Thursday Pivotal priced its stock at $ 15 per share in its initial public offering.
To get money back to the investors they have to be able to sell their shares in your company, either because you've sold shares on the public stock markets (called going public, or initial public offering) or because you've been acquired by another company.
The movement pushed the stock to $ 7.25 a share, well above the value set in its $ 140 - million initial public offering.
Spotify itself says they have no idea, but warns:» [T] he public price of our ordinary shares may be more volatile than in an underwritten initial public offering and could, upon listing on the NYSE, decline significantly and rapidly.»
Sanofi said on Monday it would pay 45 euros per share in cash for Ablynx, a premium of 21.2 % over its closing price on Friday — and more than double the price before Novo went public with its initial offer.
HelloFresh sold 31 million new shares in an initial public offering, giving it a valuation around 1.7 billion euros at current prices — more than double the $ 888 million (763 million euro) market capitalization of struggling Blue Apron (aprn).
Online food takeaway firm Delivery Hero said it would sell up to 39 million shares in its initial public offering (IPO), raising around 927 million euros ($ 1.04 billion), as it seeks to fend off new competitors such as Uber and Amazon.
Fox first announced its 10.75 pound per share offer in December 2016 but the deal has been held up concerns about the influence Murdoch could wield over public opinion through owning all of the broadcaster as well a clutch of UK newspapers.
Shares in Canada Goose jumped 9.6 percent to C$ 30.38 in Toronto, 79 percent above its March initial public offering price, in stark contrast to rival Roots Inc., which is 22 percent below last month's IPO price.
The owner of Tinder, Match.com and OkCupid hopes to raise as much as $ 466.2 million in an initial public offering of company shares.
The makers of Snapchat write in the SEC paperwork that they estimate the initial public offering price of the stock will be between $ 14 and $ 16 per share.
SABMiller immediately issued its own statement saying it still didn't like the terms of the new offer, which would give its public shareholders 42.15 pounds a share in cash, a premium of 44 % over where the shares were trading before news of AB InBev's intention to bid leaked out last month.
Stelco priced its initial public offering last November at $ 17 a share, pulling in gross proceeds of $ 230 million.
Social media, where people participate and share instead of simply ingesting, has the potential to channel our excess of intellect, energy and time — the «cognitive surplus» of the title — into projects that offer more public value than does basting ourselves in Simpsons reruns.
Snap hit the road last week in its official tour with prospective investors for its initial public stock offering and plans to offer shares on March 1.
He was hired from Credit Suisse, where he was head of global internet investment banking and was perhaps best known for his leading role on the initial public offering of the Chinese e-commerce giant Alibaba Group in 2014, the largest share sale ever.
E-commerce software maker Shopify had a blockbuster Wall Street debut Thursday following an initial public offering with its shares gaining just over 50 % in their first day of trading.
Shares at one point traded above the $ 17 initial public offering price set in March 2017.
A deal, which could come as early as next month, will be seen by media industry - watchers as another step along the road towards an initial public offering of shares in Vice, which was founded in 1994 as a «punk zine» for music enthusiasts in Montreal, Canada.
Spooked by a sudden 19 % plunge in the Shanghai Composite Index, regulators halted initial public offerings, suspended trading in shares accounting for 40 % of market capitalization, forced state - owned brokers to promise to buy stocks until the index reached a higher level, mobilized state - controlled funds to purchase equities, and promised unlimited support from the central bank.
Among the factors to be considered in determining the initial public offering price of the shares of common stock, in addition to prevailing market conditions, will be our company's historical performance, estimates of the business potential and earnings prospects of our company, an assessment of our company's management and the consideration of the above factors in relation to market valuation of companies in related businesses.
If you purchase shares of our common stock in this offering, you will experience immediate and substantial dilution of $ in the net tangible book value per share, assuming an initial public offering price of $ per share (the midpoint of the price range set forth on the front cover of this prospectus).
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