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An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors [1] and usually also to retail (individual) investors. [2] An IPO is typically underwritten by one or more investment banks , who also arrange for the shares to be listed on one or more stock exchanges .
Although no clinical development took place, Axovant held its IPO in June 2015 and raised $315 million, [4] the largest biotech IPO ever, [9] based on new phase IIB trials that were more promising. [10] The lock-up period against reselling stock was reduced to an unusually short 90 days for hedge funds that showed interest in the IPO. [11]
Plastics News is a weekly, 46,000-circulation trade newspaper delivering global news to a primarily North American market. Founded by Crain Communications Inc. in Akron, Ohio, in 1989, it covers the business of the global plastics industry. The publication relocated to Crain's corporate headquarters in Detroit in 2013.
Some 108 companies conducted their IPO in 2023 and raised $19.4 billion, according to Renaissance Capital. Those figures rose markedly from the 2022 doldrums of 71 IPOs and just $7.7 billion raised.
The first industrial commercial cultivation of Eucheuma and Kappaphycus spp. for carrageenan was developed in the Philippines. The global top producers of carrageenan are the Philippines and Indonesia. [4] [5] [6] Carrageenan, along with agar, is used to produce traditional jelly desserts in the Philippines called gulaman. [7]
WASHINGTON (Reuters) -U.S. President Donald Trump has officially announced the creation of an advisory group aimed at carrying out dramatic cuts to the U.S. government, attracting immediate ...
After being on the National Priorities List for 17 years, the EPA removed the facility part of the site from the list in 2000, but the site as a whole is still there. Most reports on the site have closed since 2008 with the latest being in 2013. The former A.O. Polymer site was sold privately in 2009 to undergo reconstruction.
Tom Brady has stepped out in style!. The former NFL quarterback, 47, arrived for his commentary debut at the 2025 Super Bowl in New Orleans on Sunday, Feb. 9 with a major piece of bling on his ...