SNES News

Four US IPOs raised $1.2 billion this past week, driven by the year's third-largest IPO, Athene Holding. The door has now closed for new 2016 IPO launches, and the year's final week of offerings is upon us. Volatility hit a 90-day low while markets continued to notch all-time highs: The...read more

SenesTech, which is commercializing a non-lethal rodent control chemical that lowers rat fertility, raised $15 million by offering 1,875,000 shares at $8, below the previously lowered $9 to $11 range. At this price it commands a market value of $91 million. It originally filed to raise $20 million by offering 2 million shares at the $12 to $14 range, targeting a market cap...read more

With the final month of 2016 underway, a few more companies are set to join the IPO class of 2016 next week, closing in on 100 offerings this year. Among them: both fixed annuities-provider Athene and semiconductor capital equipment supplier Ichor. ...read more

SenesTech, which is commercializing a non-lethal rodent control chemical that lowers rat fertility, lowered the proposed deal size for its upcoming IPO on Monday. The Flagstaff, AZ-based company now plans to raise $20 million by offering 2 million shares at a price range of $9 to $11. Insiders intend to purchase $2 million worth of shares in the offering. The company had...read more