Independent Bank Corp Announces Quarterly Dividend financialbuzz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialbuzz.com Daily Mail and Mail on Sunday newspapers.
IPO Alert: AbCellera Biologics (ABCL)
WASHINGTON (dpa-AFX) - AbCellera Biologics is scheduled to make its debut on the Nasdaq Global Select Market today (December 11), under the ticker symbol ABCL.
The Vancouver, Canada-based AbCellera Biologics is a technology company with an antibody discovery platform that searches, decodes, and analyzes natural immune systems to find antibodies that can be developed to prevent and treat diseases.
The company has offered to sell 24.15 million shares of its common stock at a price of $20 each. The underwriters have an option for a period of 30 days to purchase up to an additional 3.62 million shares.
The offering, which is scheduled to close on December 15, is expected to fetch gross proceeds of about $483.0 million for the company.
Synopsis
San Francisco-based Airbnb’s fully diluted valuation is even higher, around $100 billion including employee stock options and restricted stock units.
Another early investor in both Airbnb and DoorDash, Ron Conway, distinguished current market enthusiasm and valuations from the dot.com bubble era two decades ago.
Airbnb Inc. shares more than doubled in their trading debut, propelling the home-rental company to about a $100 billion valuation and one of the biggest first-day rallies on record.
The shares closed Thursday at $144.71 up 113% from the $68 initial public offering price. The listing came 10 months after the Covid-19 pandemic upended travel and 24 hours after DoorDash Inc. soared in its public debut.
On December 1, 2020, Nasdaq filed with the Securities and Exchange Commission (SEC) a proposal to adopt new listing rules related to board diversity. If approved, the new listing rules.
MicroStrategy Completes $650 Million Offering of 0 750% Convertible Senior Notes Due 2025 businesswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswire.com Daily Mail and Mail on Sunday newspapers.