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Trivago Announces Pricing of Shares Under IPO

16Dec By PriyankaNo Comments

News

Trivago Announces Pricing of Shares Under IPO

Trivago, a global hotel search platform, today announced the pricing of its initial public offering of 26,110,118 American depositary shares (ADSs) representing Class A shares of its affiliate, travel B.V.* (the Company) at $11.00 per ADS. The Company is selling 18,110,091 ADSs, and certain shareholders of the Company are selling 8,000,027 ADSs in the offering. The Company and the selling shareholders have granted the underwriters the option to purchase up to an additional 3,916,517 ADSs at the initial public offering price less the underwriting discount. The ADSs are expected to begin trading on The NASDAQ Global Select Market under the ticker symbol "TRVG" on December 16, 2016. The offering is expected to close on December 21, 2016, subject to customary closing conditions. Found...

Facebook Sets $6 Billion Buyback; Accounting Chief to Leave

19Nov By reutersNo Comments

News

Facebook Sets $6 Billion Buyback; Accounting Chief to Leave

Social media giant Facebook on Friday set a $6 billion buyback programme for its Class A shares, beginning in the first quarter of 2017. Facebook's shares were up 1.1% at $118.24 in after-hours trading. The company had a market value of about $337 billion at close. The company also said Chief Accounting Officer Jas Athwal had resigned, effective Feb. 17. Athwal has spent nearly nine years at the company and was formerly the director of revenue at Yahoo. The company said it planned to launch a search for a replacement.

SMEs Raise 185 Crore Through IPOs in FY17

7Sep By AnkitaNo Comments

BUSINESS

SMEs Raise 185 Crore Through IPOs in FY17

Riding on upbeat market sentiment, as many as 23 small and medium enterprises (SMEs) got listed on capital markets with initial public offerings worth Rs 185 crore in the current fiscal. In comparison, 44 SMEs raised a total of Rs 290 crore in the entire last financial year (2015-16). "Indian primary market has witnessed spectacular revival in last few months, which is not limited to large IPOs like Mahanagar Gas or Quess Corp. Public share sales of smaller companies on the dedicated SME boards of stock exchanges, too, have been on a hot streak," Pantomath Group Managing Director Mahavir Lunawat said. A total of 23 firms made debut on the SME platform in 2016-17 so far, while a total of 28 companies filed their draft prospectus in the past fiscal to raise funds through an initial publ...

Buffer App – A Startup that developed formulas for sharing Equity and Salary

1Apr By NitishNo Comments

BLOGS

Buffer App – A Startup that developed formulas for sharing Equity and Salary

It is quite common for the founders to split equity in their company early on in the process and an even-split is the common scenario seen in most of them. Every startup in the world faces "ups and downs" due to equity sharing issues. One thing which creates a big difference between good Startups and ordinary Startups in this matter is transparency. Good startups will always have better sharing equity structure and individual breakdown process. Many startups have failed just because of this sole reason due to lack of knowledge and experience about these structures. To solve this problem, we would like to introduce you to a startup, Buffer (social media tool and company name). It was founded by Joel and Leo (both are co-founders) in 2010 as a way to easily schedule twee...