SUGAR LAND, Texas – Neon Systems Inc., a producer of software that integrates data, transactions and applications from a variety of computer systems, went public March 5, offering 2.7 million shares at $15 apiece, according the company’s Securities and Exchange Commission filing price. The IPO, which left 8 million shares outstanding, was underwritten by Donaldson, […]
NEW YORK – Multex.com Inc., a provider of online investment services, went public March 17, offering 3 million shares of common stock. The stock priced at $14, above the company’s $11 to $13 filing range. BancBoston Robertson Stephens Inc., CIBC Oppenheimer and Dain Rauscher Wessels were lead underwriters, leaving 21 million shares outstanding. There were […]
NEW YORK – Miningco.com Inc., a provider of Internet information services, went public March 24, selling 3 million shares. The stock priced at $25 per share, at the top of the company’s $23 to $25 filing range. The initial public offering was underwritten by Bear, Stearns & Co. Inc., Volpe Brown Whelan & Co., and […]
FORT WORTH, Texas – FlashNet Communications Inc., an Internet service provider, went public March 16, offering 3.1 million shares at $17 a piece. Stocks priced well above the company’s $14 to $15 filing range. The offering, underwritten by BancBoston Robertson Stephens, J.C. Bradford & Co. and EVEREN Securities Inc., left 13 million shares outstanding. Venture […]
SAN FRANCISCO – Critical Path Inc., a provider of e-mail hosting services, went public March 29. The stock priced at $24, well above the $20 to $22 filing range. The company offered 4.5 million shares. Underwriters for the initial public offering, which left 34 million shares outstanding, include BancBoston Robertson Stephens Inc., Hambrecht & Quist, […]
HONOLULU – Cheap Tickets Inc., a retailer of discount airline tickets, went public March 19, offering 3.5 million shares at $15 apiece. The stocks priced within the company’s $14 to $15 filing range. Proceeds from the offering are estimated at $52 million and will be used for general corporate purposes. The initial public offering, which […]
SANTA CLARA, Calif. -Autoweb.com, an automotive Internet service, went public March 22, offering 5 million shares of stock. The stock priced at $14, well above the company’s $10 to $12 filing range. The offering, underwritten by Credit Suisse First Boston, Hambrecht & Quist, BancBoston Robertson Stephens Inc. and U.S. Bancorp Piper Jaffray Inc., left 23 […]
CAMBRIDGE, Mass. – Zero Stage Capital invests in early- and late-stage health-care, bio-technical and telecommunications companies in the Northeastern United States. Founded in 1981, Zero Stage has about $225 million under management spread across six funds and has invested in more than 90 companies. Zero Stage Capital VI held a $125 million close in October […]
STAMFORD, Conn. – Can venture capitalists invest predominately in companies that are geared toward minority markets? TSG Capital Group, L.L.C., a private equity firm specializing in ethnic market investments, thinks so. The $515 million TSG Capital Fund III closed in January 1999, and one-third of the vehicle is invested. TSG’s first $20 million fund, TSG […]
IRVINE, Calif. – Autobytel.com, an Internet service for the purchase of new and used vehicles, went public March 26. The company offered 4.5 million shares at $23 a share, well above the $20 to $22 filing range. The $103.5 million IPO left 17.8 million shares outstanding, and proceed will be used for general corporate purposes. […]