And as you can see from the share price chart,
these valuations after listing increased pretty significantly, nearly another 50 %!
Not exact matches
Spotify's
valuation when it
lists - expected to be within 90 days
after filing — is forecast to be a few billion dollars higher than current trades, as illiquidity risk tends to depress the value ahead of
listing, the sources said.
After rising to 275 new
listings in 2014, IPO activity dropped off to just 105 last year, a sign that companies are finding it harder to attract capital at desired
valuations.
The music streaming site Spotify doesn't make a dollar of profit
after ten years in business and
listed with aUS $ 28 billion
valuation.
Elio Motors is a Phoenix - based manufacturer of an aerodynamic, three - wheel car has topped $ 1 billion market
valuation, two days
after becoming the first equity - crowdfunded company to
list its shares on the public markets.