Quantenna Communications, a fabless designer of next-generation chipsets for high-speed Wi-Fi networks, raised $107 million by offering 6.7 million shares at $16, the high end of the range of $14 to $16. Quantenna Communications plans to list on the Nasdaq under the symbol QTNA. Morgan Stanley, Barclays and Deutsche Bank acted as lead managers on the deal....more
Stars Acquisition, a blank check company formed by Chinese entrepreneurs to acquire a US real estate company, announced terms for its IPO on Friday.
The New York, NY-based company plans to raise $40 million by offering 4 million shares at a price of $10. At that price, Stars Acquisition would command a market value of $52 million.
Stars Acquisition was formed in 2016 and plans to list on the Nasdaq under the symbol STACU. Chardan Capital Markets is the sole bookrunner on the deal. Timing has not yet been determined. ...more
BlackLine, which provides a cloud-based platform for automating financial reporting, raised $146 million by offering 8.6 million shares at $17, the high end of the revised range of $16 to $17. The company had originally set a price range of $13-$15 before raising the range on Thursday morning. BlackLine plans to list on the Nasdaq under the symbol BL. Goldman Sachs and J.P. Morgan acted as lead managers on the deal....more
Acushnet Holdings, which manufactures and markets golf equipment under several brands (e.g. Titleist), raised $329 million by offering 19.3 million shares at $17, below the range of $21 to $24. Acushnet Holdings plans to list on the NYSE under the symbol GOLF. J.P. Morgan, Morgan Stanley, Nomura Securities, UBS Investment Bank, Credit Suisse, Daiwa Securities, Deutsche Bank, Jefferies and Wells Fargo Securities acted as lead managers on the deal....more