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Posts Tagged ‘initial public offering’

Wearable sports camera maker GoPro Inc’s GPRO.O initial public offering was priced at $24 per share, an underwriter said, valuing the company at up to $2.96 billion. GoPro’s IPO raised about $427.2 million, after the offering of 17.8 million class A shares was priced at the top end of the expected range of $21-$24 per […]

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NEW YORK (AP) — Alibaba is pulling back the curtain a little bit more, providing more information about its partnership structure and financials ahead of its planned initial public offering.

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BEIJING (Reuters) – Chinese e-commerce giant Alibaba Group Holding revealed the members of its 28-person partnership in its updated initial public offering prospectus on Monday. The partnership, which includes founder Jack Ma, Executive Vice-Chairman Joseph Tsai and Chief Executive Officer Jonathan Lu, will have the exclusive right to nominate a majority of Alibabas nine-member board […]

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