All companies can use “confidential filing” IPO process now

 Effective today, any company can file for a “confidential” IPO, even if annual revenue is greater than $1 billion. This means that larger companies can now submit and revise financial filings, waiting until a few weeks before the offering to announce it to the public. Ever since the JOBS Act was introduced in 2012, over 100 eligible companies have taken advantage of this provision… Read More

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Blue Apron falls 9% on fourth day as a public company

 Blue Apron sends you the ingredients to help you cook delicious meals, but some investors are considering its shares unsavory. The meal kit delivery company, which went public on the New York Stock Exchange last week, has had a rough debut on the stock market. After significantly lowering its IPO price range, the company priced its IPO at $10 per share. The stock closed Wednesday… Read More

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Real estate site Redfin files for IPO

 Redfin, the popular real estate listings site, has filed for IPO. The Seattle-based company unveiled its filing, suggesting that it will raise $100 million, a placeholder that is subject to change. The timing of the filing implies that Redfin is likely to debut in late July or early August. Read More

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Tintri up slightly after lowering IPO price

 Enterprise cloud company Tintri was supposed to debut on the public markets yesterday with an IPO price between $10.50 to $12.50, but then pushed things back a day and lowered its price to $7. Shares were up about 3.5 percent midday Friday, trading at roughly $7.25 per share. Read More

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