Q2 IPO Snapshot : Emerging Growth Companies
With the JOBS act, there is a streamlined Emerging Growth IPO process in 2012. Citibank leads IPO volume in Q2 2012, and Barclay's leads in the secondary volume. Triad Securities produces regular quarterly public and high-value custom IPO reports.
Aug. 4, 2012 - PRLog -- Quarter 2 2012 has given us a different perspective on how deals are being brought public. With the implementation of the JOBS Act more IPOs have been filed. Due to Title 1 of the JOBS Act, Emerging Growth Companies will be able to streamline the IPO process. To qualify as an Emerging Growth Company, the company must have annual revenue for its most recently completed fiscal year of less than 1 billion dollars. For the year, 70 companies have filed under the JOBS Act and the latest one to price was Service Now . In total 20 EGC’s have priced, 7 of which were in the technology sector.
Citibank was first for total US IPO volume, Barclays for total secondary volume. The complete quarterly summary is available at Triad Securities website: 2012 Q2 IPO Summary.
Triad also maintains a New Issue 90-day Window, with current IPO pricing and performance:
Triad Securities Corp’s customers subscribe to its leading IPO report service, execute through its full service execution desk or electronic execution system, and take advantage of its prime brokerage services. Triad also arranges office space for trading groups and hedge funds.
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