SPAC, short for Special Purpose Acquisition Company, is a company form that has become increasingly popular in recent years. Essentially, a SPAC is a shell company that raises money from investors with the goal of acquiring another company within a set period of time. Once the acquisition is complete, the target company can merge with … Read more
Corporate artificial intelligence (AI) refers to the integration of AI technologies and applications into the corporate world. It’s a fast-growing area with the potential to transform how companies work, automate routine tasks, and create new opportunities for growth and innovation. This article examines various aspects of corporate AI, including its benefits, challenges, and ethical considerations. … Read more
An Information cascade or informational cascade is a phenomenon described in behavioral economics and network theory in which a number of people make the same decision in a sequential fashion. It is similar to, but distinct from herd behavior. An information cascade is generally accepted as a two-step process. For a cascade to begin an … Read more
Once your company has convinced the managing underwriters for the offering and wants to begin the IPO process in earnest, an organizational meeting with management, the underwriters, counsel and possibly the auditors will be scheduled. The purpose of this organizational meeting is to discuss the offering process and economics, the proposed offering schedule, allocation of … Read more
Today in New York, the IPO Institute and DHMP consulting Partners LLC forged a strategic alliance to launch a regular series of regional conferences branded and directed by the IPO Institute, and organized and operated by the team of DHMP Consulting Partners LLC. The IPO Institute is the leading global academic resource for research, training … Read more
An IPO is an initial public offering. In an IPO, a privately owned company lists its shares on a stock exchange, making them available for purchase by the general public.
Marc Deschenaux is the founder and managing partner of Deschenaux, Hornblower & Partners LLP. Throughout an illustrious career, he has been involved in 169 IPO’s and more than 240 private offerings.
The long-awaited debuts of mega unicorns Uber and Lyft were mega busts, capped off by WeWork’s kamikaze IPO attempt in September. But beyond these headline-grabbing disappointments, the IPO market had a mostly good year. Returns averaged 20%, with 159 IPOs raising $46 billion in proceeds. Biotechs remained the single most active sector, followed closely by … Read more
The initial valuation of a stock of a company is critical to the success of an IPO. These initial valuations serve as the primary signals for the first investors. An overpriced initial valuation may turn off many preliminary investors, subsequently causing any future investors to ignore their own private signals and align themselves with the … Read more
IPO Allotment is a process where the “registrar to the offer” with the help of a lottery system finalize the process of allocating the IPO shares to the individual who have applied for IPO subscription. It a simple process of lottery where the owners of the shares are decided. IPO allotment process takes place within … Read more