AVNU News

Five companies had below-average returns and brought the number 2015 IPOs up to 22, a 39% decline from this time last year... IPO highlights during the week of February 9, 2015 • ...read more

Avenue Financial Holdings, a commercial bank with five locations in the Nashville MSA and $1 billion in assets, raised $28 million by offering 2.5 million shares (47% insider) at $11 per share, the low end of the range of $11 to $13. At its offer price, Avenue Financial commands a diluted market value of $113 million. The company plans to list on the NASDAQ under the symbol AVNU....read more

Twelve deals are on the calendar to raise $1.2 billion, which would make it the year's biggest week for IPOs by proceeds and count. However, those numbers could decline if the week ahead is similar to last week, which saw ...read more

Avenue Financial Holdings, a commercial bank with five locations in the Nashville MSA and $1 billion in assets, announced terms for its IPO on Friday. The Nashville, TN-based company plans to raise $30 million by offering 2.5 million shares (47% insider) at a price range of $11 to $13. At the midpoint of the proposed range, Avenue would command a fully diluted market value of $123...read more