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SLGG News

US IPO Weekly Recap: The IPO market gets a Lyft

KLDO

The US's #2 ridesharing app has finally shared its financials. Lyft filed publicly for an IPO that we estimate could raise $3 billion. The "decacorn" booked $2.2 billion in revenue during 2018, a 103% gain over 2017. Meanwhile, losses swelled to about $1 billion. Two...read more

Micro-cap e-sports platform Super League Gaming prices IPO at $11 midpoint

SLGG

Super League Gaming, which facilitates and streams amateur e-sports competitions, raised $25 million by offering 2.3 million shares at $11, within the range of $10 to $12. At $11, the company commands a market cap of $97 million. Super League Gaming plans to list on the Nasdaq under the symbol SLGG. Northland Securities and Lake Street Capital Markets acted as lead managers...read more

US IPO Week Ahead: A biotech, a SPAC, and e-sports to go public

SLGG

Two IPOs and a SPAC plan to raise a combined $350 million in the week ahead. Several companies may launch March IPOs, including cardiovascular disease device maker ShockWave Medical (SWAV), Diamondback midstream services unit Rattler Midstream LP (RTLR), Chinese online brokerage Futu Holdings (FHL), and NASH biotech...read more

E-sports platform Super League Gaming sets terms for $25 million IPO

SLGG

Super League Gaming, which operates a platform that facilitates and streams e-sports competitions, announced terms for its IPO on Tuesday. The Santa Monica, CA-based company plans to raise $25 million by offering 2.3 million shares at a price range of $10 to $12. At the midpoint of the proposed range, Super League Gaming would command a fully diluted market value of $97 million...read more