The filing authorizes over 37 million shares of Series D preferred stock at $27 per share. No details on investors yet. Using this and previous filings, Pitchbook estimates the post-money valuation to be up to $6.5 billion. A spokesperson for …
Market timers are jumping in. Financial advisers who are members of the National Association of Active Investment Managers Inc. of Littleton, Colo., made a record leap into the stock market late last month. NAAIM surveys its …
That's how much Intersil's stock has jumped since its main competitor, National Semiconductor, announced a deal to be acquired by Texas Instruments. National Semi fetched a 75 percent premium over its share price, and now Intersil …
Top officials of the Chicago Board of Trade stunned LaSalle Street Wednesday by confirming that stock trading is under consideration for the venerable futures exchange. They said they were exploring the possibility of listing Cincinnati …
AT&T, which said it planned to relaunch the Cricket brand, agreed to pay $15 per share in cash for Leap stock. In exchange, the company would get all of Leap's wireless properties, including its licenses, network assets, and stores, …
And so, too, does the decision to seek out an IPO. In 2015, the company listed successfully on the Hong Kong stock exchange. A mainland listing matters more, if only because investors will be asked to pay to build mental-health …
Magic Leap could soon be flying high as a $7 billion company ... The company, based in Plantation, has authorized the sale of more than 37 million shares of Series D stock at $27 each to raise about $1 billion, according to the Oct. 11 …
New stock listings mean fat fees. And government officials are super-keen, struck by the perceived prestige of attracting listings from the next Google or Snap. Suggestions that the idea would be a great leap backward in corporate …
BTIG Research analyst Richard Greenfield doesn’t seem like one to move the goalposts. When Netflix, Inc. (NASDAQ:NFLX) exceeded the target price he set for the company, he downgraded the firm’s stock to Neutral. That …
The legal tussle over intellectual property and stock options highlights the rising stakes in artificial reality as more technology companies bet it will produce the industry’s next big breakthroughs. Since its inception six years ago, …