Atlassian, which makes business enterprise software targeted at software developers, announced terms for its IPO on Friday.
The Sydney, Australia-based company plans to raise $350 million by offering 20 million shares at a price range of $16.50 to $18.50. At the midpoint of the proposed range, Atlassian would command a basic market value of $3.6 billion.
Atlassian, which was founded in 2002 and booked $353 million in sales for the 12 months ended September 30, 2015, plans to list on the Nasdaq under the symbol [TEAM]. Goldman Sac...more
Andina Acquisition Corp II, a blank check company formed to acquire a South American business, raised $40 million by offering 4.0 million units at $10. Andina Acquisition Corp II plans to list on the Nasdaq under the symbol [ANDAU]. EarlyBird Capital acted as a lead manager on the deal....more
Jensyn Acquisition, a blank check company formed to acquire consulting businesses, announced terms for its IPO on Monday.
The Freehold, NJ-based company plans to raise $40 million by offering 4.0 million units for $10 each. At that price, Jensyn Acquisition would command a fully diluted market value of $52 million. Insiders plan to invest $2.5 million in a concurrent private placement at $10 per unit. Units consist of one share of common stock and one-half of one warrant, exercisable as whole warrants at $11.50.