LUXH News

CorpHousing Group, which provides short-term rentals for travelers in major US cities, raised $14 million by offering 3.4 million shares at $4, the low end of the range of $4 to $5. The company offered 1.1 million fewer units than anticipated. CorpHousing identifies, acquires, furnishes, manages and markets individual and multi-family units to business and vacation travelers,...read more

CorpHousing Group, which provides short-term rentals for travelers in major US cities, lowered the proposed range for its upcoming IPO on Monday. The Miami, FL-based company now plans to raise $20 million by offering 4.5 million shares at a price range of $4 to $5. The company had most recently filed in April to offer 2 million units at a range of $8 to $10, with each unit...read more

Challenging market conditions have all but sealed the IPO window shut. Small issuers are finding a way to squeeze through: by offering warrants. Over the last month, a rising number of small deals have opted to offer warrants in their IPOs, either at the time of the initial filing or in a later amendment. In January, eight issuers filed for IPOs with warrants, and another six...read more

CorpHousing Group, which provides short-term rentals for travelers in major US cities, filed on Wednesday with the SEC to raise up to $30 million in an initial public offering. The Miami, FL-based company plans to raise $30 million by offering 4.3 million units at a price range of $6 to $8. Each unit consists of one share of common stock and one-half of one warrant exercisable at...read more