ALRM News

Things just got Seres in the IPO market. Thirteen companies went public this past week, more than any week since October 2014. Seres Therapeutics skyrocketed 186% on its debut - the highest first-day pop since January 2014. The thirteen IPOs raised $1.9 billion, less than expected because 70%...read more

Alarm.com, a cloud-connected security and home automation platform with 2.4 million subscribers, raised $98 million by offering 7 million shares at $14, the midpoint of the $13-$15 range. At its offer price, Alarm.com commands a fully diluted market cap of $669 million and an enterprise value of $567 million. Alarm.com will list on the NASDAQ under the symbol ALRM. Goldman Sachs,...read more

17 companies are on the calendar to go public this week and raise $2.5 billion. It should be the year's most active week in the IPO market; the second busiest week saw 10 IPOs in January. Investors have plenty of options this week, so expect IPO investors to demand discounts on some of the less hot...read more

Alarm.com Holdings, a cloud-connected home security and energy platform with 2.3 million subscribers, announced terms for its IPO on Monday. The Vienna, VA-based company plans to raise $98 million by offering 7 million shares at a price range of $13 to $15. At the midpoint of the proposed range, Alarm.com would command a fully diluted market value of $669 million. ...read more