ServiceTitan filed its S-1 on November 18, planning for an IPO. The company’s $365M Series H round in 2022 included a compounding IPO ratchet, setting a minimum share price of $84.57 by May 2024 to avoid dilution. After the deadline, the hurdle rate compounds quarterly at 11%, now estimated at ~$90 per share. Secondary market valuations range between $70 and $81.59 per share. ServiceTitan has raised over $1.5B in funding from investors including ICONIQ Capital, Bessemer Venture Partners, and Coatue. The company reported $685M in revenue and a $183M net loss for the year ending July 31, 2024. For the latest secondary coverage and trading SaxonWeber | ShareWell #secondaries #saxonweber
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Discover the essential details about Initial Public Offerings (IPO) and the eligibility criteria for companies. Learn how businesses can raise capital through IPOs and meet the regulatory requirements for listing on the stock exchange. #ipo #iponews #ipoupdate #ipo #benefits
All you need to know about IPO and eligibility criteria
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As Promised, Check Out Lucosky Brookman LLP’s Half Year (H1) Data Report! Despite challenges in the first half of the 2024 micro-cap marketplace, the sector remained active. Some key highlights: - Micro-cap uplisted & cross-listed companies: Raised $93M in H1. - Micro-cap IPOs: Raised $275M with 38 issuers across 7 sectors. - Foreign Private Issuers: 26 completed IPOs in the U.S. Notable trends: - Median capital raise: $6.7M (down 17.3% YoY). - Average public offering price: $4.37 (down 17.8% YoY). - Shift to NYSE: 11.5% increase in NYSE’s listings in 2024. Check out the full report below for more insights on navigating the micro-cap ecosystem. Our team at Lucosky Brookman LLP is here to help you make the most of these market trends -- Let's connect and discuss how we can support your growth! Lucosky Brookman LLP – Relationship Focused. Results Driven. Whether our clients engage in an Uplist, Cross-list, Direct List, #SPAC, de-SPAC, Merger, #ReverseMerger or #IPO through a private placement, firm commitment underwriting, Reg A or otherwise, Lucosky Brookman is at the forefront of sophisticated OTC and Senior Exchange Listed Transactions. #lucoskybrookman #nyse #nasdaq #cboe #lucbro Lucosky Brookman LLP Joseph Lucosky Amit Hazan
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The Uplisting/Cross-listing Market Sees Sudden Surge with Eight New Listings in November! These eight companies who made their moves to Nasdaq brought in a combined total of $66.2mm through their capital raises where applicable, with four companies raising funds and four executing organic transitions. The median raise was $6.1mm among the capital-raising deals. International companies dominated the space during the month, with six FPIs making the move from various global exchanges to access U.S. markets - a trend that mirrors what we're seeing in the micro-cap IPO market, where FPIs continue to show significant presence! These ambitious companies originated from diverse global markets, cross-listing from exchanges like the #ASX, #TSX, #KOSDAQ, and #CSE, as well as uplisting from the #OTC market to join the #Nasdaq family. The companies were supported by leading investment banks including Maxim Group LLC, Brookline Capital Markets, Titan Partners, Craft Capital Management, LLC, Dawson James Securities, Inc. , and D. Boral Capital. This surge in activity breaks through what has otherwise been a quiet 18 months in the uplisting and cross-listing space! Is this a coincidence or a revival of the U/C marketplace? Lucosky Brookman LLP – Relationship Focused. Results Driven. Whether our clients engage in an Uplist, Cross-list, Direct List, #SPAC, de-SPAC, Merger, #ReverseMerger or #IPO through a private placement, firm commitment underwriting, Reg A or otherwise, Lucosky Brookman is at the forefront of sophisticated OTC and Senior Exchange Listed Transactions. #nyse #nasdaq #otcmarkets
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Exciting momentum in November's Uplisting/Cross-listing market! Eight companies made their Nasdaq debut, with four raising capital totaling $66.2M and four completing organic transitions. The international presence was strong - six foreign companies from exchanges like #ASX, #TSX, #KOSDAQ, and #CSE joined the U.S. market, alongside domestic OTC uplistings. Notable investment banks including Maxim Group LLC, Brookline Capital Markets, Titan Partners,Craft Capital Management, LLC, Dawson James Securities, Inc. , and D. Boral Capital supported these moves. Lucosky Brookman LLP - Relationship Focused. Results Driven. #nyse #nasdaq #otcmarkets
Managing Partner, Lucosky Brookman | Elevating Micro/Small Cap Companies | Raising Capital | Going Public | OTC to Nasdaq/NYSE Uplistings | Microcap IPOs | SPACs | Reverse Mergers
The Uplisting/Cross-listing Market Sees Sudden Surge with Eight New Listings in November! These eight companies who made their moves to Nasdaq brought in a combined total of $66.2mm through their capital raises where applicable, with four companies raising funds and four executing organic transitions. The median raise was $6.1mm among the capital-raising deals. International companies dominated the space during the month, with six FPIs making the move from various global exchanges to access U.S. markets - a trend that mirrors what we're seeing in the micro-cap IPO market, where FPIs continue to show significant presence! These ambitious companies originated from diverse global markets, cross-listing from exchanges like the #ASX, #TSX, #KOSDAQ, and #CSE, as well as uplisting from the #OTC market to join the #Nasdaq family. The companies were supported by leading investment banks including Maxim Group LLC, Brookline Capital Markets, Titan Partners, Craft Capital Management, LLC, Dawson James Securities, Inc. , and D. Boral Capital. This surge in activity breaks through what has otherwise been a quiet 18 months in the uplisting and cross-listing space! Is this a coincidence or a revival of the U/C marketplace? Lucosky Brookman LLP – Relationship Focused. Results Driven. Whether our clients engage in an Uplist, Cross-list, Direct List, #SPAC, de-SPAC, Merger, #ReverseMerger or #IPO through a private placement, firm commitment underwriting, Reg A or otherwise, Lucosky Brookman is at the forefront of sophisticated OTC and Senior Exchange Listed Transactions. #nyse #nasdaq #otcmarkets
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I have been thinking a lot in the wake of the SPAC boom about whether alternative listing mechanisms such as direct listings might provide market participants like PE sponsors with more opportunities should the IPO window fully re-open. Check out my thoughts published at IFLR. https://lnkd.in/emcrXSVW
US direct listings may provide an attractive alternative to IPOs for PE
iflr.com
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Link Intime IPO: An Investor’s Guide
Link Intime IPO: An Investor's Guide
techshali.com
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Upcoming IPO: Investors should keep their money ready, these 5 explosive IPOs are going to come in the market #explosive #investors #IPO #IPOnextweek #IPOs #market #Money #Ready #upcoming #UpcomingIPOGMP #UpcomingIpos
Upcoming IPO: Investors should keep their money ready, these 5 explosive IPOs are going to come in the market - News8Plus-Realtime Updates On Breaking News & Headlines
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Nine IPOs coming next week, 24 in total over next few months Full Article Link >>> https://lnkd.in/gmhGkpi5 Welcome To Latest IND >> Fastest World News Next week will see 9 new IPOs (Initial Public Offerings), according to a Mint report. IPO stands for Initial Public Offering and it is when the promoters of the company in question for the first time want to raise additional funds by offering shares of the company. […] . . Latest IND . . . . #trendingnews #newstrending #trendingtopicnews #lifestyle #business #news #healthylifestyle #smallbusiness #supportsmallbusiness #lifestyleblogger #luxurylifestyle #businessowner #businesswoman #smallbusinessowner #businessnews
Nine IPOs coming next week, 24 in total over next few months
latestind.com
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#IPOAlert: 8 companies set to debut on Exchanges, alongside 7 Public issues hitting the Stock Market! With benchmark indexes soaring, Dalal Street gears up for a bustling week. 📈 Read More: https://lnkd.in/grMtD6zY #IPO #StockMarketindia #stockmarkets #IPONews #livescoop #ipos #ipoinvesting #iporeadiness #ipog #investmentopportunity #stockmarketnews
Massive IPO Alerts this week: 8 Companies will List on Exchanges, and 7 Public Issues will Debut on Dalal Street
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3 companies managed to squeeze in at the 11th hour and began trading on September 16th! I put out a post on this topic last week (https://shorturl.at/W2s9m) – Let us know your thoughts with what will happen as we move forward under this new rule. It will be fascinating to see how companies adapt to the new requirements and what this means for future listings – - Will we see fewer potential listings but stronger companies? - Will we see companies adapt to meet the new $10 million threshold? - Will selling shareholders continue to play a large role? Let’s discuss! Lucosky Brookman LLP – Relationship Focused. Results Driven. Whether our clients engage in an Uplist, Cross-list, Direct List, #SPAC, de-SPAC, Merger, #ReverseMerger or #IPO through a private placement, firm commitment underwriting, Reg A or otherwise, Lucosky Brookman is at the forefront of sophisticated OTC and Senior Exchange Listed Transactions. #ipo #nyse #nasdaq Kairos Pharma Ltd. (NYSE: KAPA) Healthy Choice Wellness Corp. Impact BioMedical Inc. (NYSE American: IBO) Boustead Securities EF Hutton Maxim Group LLC Aegis Capital Corp. Dawson James Securities, Inc. Revere Securities
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