This paper investigates the impact of pre-IPO Initial Public Offering ownership structure on the proportion, allocation, and pricing of new issued shares, as well as the costs of going public. The authors found that retaining control is an important consideration for pre-IPO owners/managers. Where the pre-IPO ownership of managers indicates...
The study presented in this paper explores the role that people, patents, and policies play in generating near-term sales revenue. As data on people, patents and policies are rarely and/or inconsistently disclosed by public companies, VentureOne's surveys of pre-IPO venture-backed firms are used. By means of a Cobb-Douglas-type revenue model,...
This paper examines the effects of pre-IPO venture capital backing on the corporate governance of the IPO firm. Three sets of tests are conducted which examines effectively how governance and monitoring might differ for venture and non-venture backed firms. It is found that venture-backed IPO firms have lower earnings management,...
To resolve the IPO Initial Public Offering underpricing puzzle it is essential to analyze who knows what when during the issuing process. In Germany, broker-dealers make a market in IPOs that starts as soon as the offer range is published. We examine these pre-IPO prices and find that they are...
This paper proposes that in an initial public offering IPO, pre-IPO owners make decisions regarding share retention, share lockup, and underpricing to improve liquidity, which in turn increases the value of shares they retain. We suggest that underpricing will increase the number of investors following the stock and foster more...
Once upon a time, pre-IPO options were a good deal all the way around. But life-and accounting--is becoming more complicated these days. Take, for example, the practice of issuing pre-IPO options to suppliers and customers. Just last year, awarding favorably priced pre-IPO options--dubbed "cheap stock"--was a common practice for growing...
Loudcloud Inc. has proven to be one of the few Internetrelated IPOs of late to show a surprisingly good first day performance. The company went public March 9, 2001, and ended its first day up nearly two percent closing at $6.14.
As the once-comatose IPO market wakes up, companies with dreams of going public are under heavy pressure to get their governance ducks in a row. The paper reveals that following the widely watched example of Internet search engine giant Google, private companies are beginning to adopt Sarbanes-Oxley Act SOA governance...
Buzz Technologies, Inc. (PINKSHEETS: BZTG),listing inHong Kong, China, is making sound progress. And the initial InformationMemorandum will be available in the coming 2 weeks. Supported by a team ofhighly respected accounting, insurance, finance and corporateprofessionals,the listing is coming together very well. We expect audits of the USAcorporation to...
Also announces: -- Results for three months ended June 30, 2008 -- Reduction of quarterly dividend to $0.19 per ordinary share and declaration of such dividend -- Launch of Operational Transformation Program -- Strategic review of Life Reinsurance Operations -- Expense initiative to take effect in Q3 2008 -- Changes...
Three Recent Mandates Bring Number of Clients Worldwide to over 20 NEW YORK -- Citi announces that OpenPrime, its innovative front-to-back operating platform developed for hedge funds and 130/30 funds, has attracted more than 20 clients worldwide during its first two years of operation. The...
ABERDEEN INTERNATIONAL INC. ("Aberdeen" or the "Company") (TSX: AAB) is pleased to announce that it has increased its holding of common shares of U3O8 Corp. ("U3O8"). As a result of purchases through the TSX Venture Exchange, Aberdeen has acquired 349,000 common shares of U3O8 and now beneficially owns...
AeroGrow International, Inc. (NASDAQ: AERO)("AeroGrow" or the "Company"), makers of the AeroGarden® line of indoorgardening products, announced that it has appointed four new members to itsBoard of Directors, Linda Graebner, Peter Michel, Suresh Kumar and MichaelDingman, Jr., bringing significant additional depth and breadth ofexperience to its Board. Linda...
LOS ANGELES -- Investor relations veterans Moira Conlon and Jonathan Destler today announced the launch of Financial Profiles, Inc., an investor relations and financial communications firm based in Los Angeles. Financial Profiles was formed to offer public and pre-IPO companies strategic communications counsel and program...
SAN DIEGO -- Remedy Compensation Consulting has selected MarketPay as a preferred partner in the automation of survey participation and market analysis. Bruce Spiegel, Managing Director of Remedy's Survey Practice, said: "Remedy is committed to establishing and maintaining market leadership in compensation consulting and information for medical...
LAFAYETTE, Calif. -- One common denominator of successful companies is an outstanding Board of Directors. Yet it is often more difficult to staff a Board at a private company. "Serving on a Board at a private company is a tough balancing act," says David Broman, CEO of...
ABERDEEN INTERNATIONAL INC. ("Aberdeen" or the "Company") (TSX: AAB) is a current shareholder of U308 Corp. ("U308") (TSX VENTURE: UWE) holding 2,300,600 common shares, representing approximately 9.98% of the outstanding common shares, of U308. Aberdeen feels that the Board of Directors of U308 has not maximized shareholder value...
Innovative Marketing Firm to Open New Offices in Northern Virginia IOWA CITY, Iowa -- Gregory S. Crosby, Founder and CEO today announced that Scott Hoyt has joined the NextGen Marketing Group and opening a new office for the company in Ashburn, Virginia. Mr....
ABERDEEN INTERNATIONAL INC. ("Aberdeen" or the "Company") (TSX: AAB) is a current shareholder of U308 Corp. ("U308") holding 2,300,600 common shares, representing approximately 9.98% of the outstanding common shares, of U308. Aberdeen feels that the Board of Directors of U308 has not maximized shareholder value and, as such,...
Powerful, Dell is built to fit your business needs Customized systems, experts trained in small business, 24/7/365 support, and powerful, reliable technology. Dell, big results for small business.
Choose up to 5" more legroom with Economy Plus. Starting at $14.
Innovative USB Sleep'n Charge. Stylish Fusion™ finish. Ultra-portable. It's clear why the Satellite® U405 is a smart choice for you and your small business. Only from the laptop expert, Toshiba.
