initial public offerings (IPOs) trading on American exchanges
Showing posts with label ticker symbol changes. Show all posts
Showing posts with label ticker symbol changes. Show all posts

Wednesday, June 5, 2024

GeneDx (WGS) : 3-year performance

GeneDx began trading under WGS on January 10, 2023. The Company previously traded under SMFR, reflective of the company's former name, Sema4 which went public via merger with CM Life Sciences (CMLF), a special purpose acquisition company (SPAC), on July 23, 2021, at a valuation of around $3 billion.
  • Sector: Healthcare
  • Industry: Diagnostics & Research
  • Full Time Employees: 1,000
  • Founded by Eric Schadt in October 2015
  • Headquartered in Stamford, Connecticut
  • https://www.genedx.com/
Clinical data and genomics company 
Sema4 was spun out of Mount Sinai Health System in 2017 The Sema4 platform uses machine learning and other artificial intelligence tools to analyze a database of more than 10 million patient genomic profiles and clinical records, with the goal of improving physicians’ ability to diagnose, manage and ultimately prevent disease. 



Tuesday, December 14, 2021

Stran & Company (STRN) began trading on the Nasdaq on Tue 9 Nov 21

Stran & Company, Inc. provides outsourced marketing solutions.
  • Sector(s): Communication Services
  • Industry: Advertising Agencies
  • Founded in 1994 
  • HQ in Quincy, Massachusetts
  • https://www.stran.com
Note  Dec 16, 2022: The company changes its ticker from 'STRN' to 'SWAG'


 
 About Stran

Over the past 27 years, Stran has grown to become a leader in the promotional products industry, specializing in complex marketing programs to help recognize the value of promotional products, branded merchandise, and loyalty incentive programs as a tool to drive awareness, build brands and impact sales. Stran is the chosen promotional programs manager of many Fortune 500 companies, across a variety of industries, to execute their promotional marketing, loyalty and incentive, sponsorship activation, recruitment, retention, and wellness campaigns.

Monday, September 14, 2020

Golden Bull Limited (DNJR) changes its name to Bit Digital (BTBT)

  • According to its 2019 earnings statement released on March 24, 2020, the China-based company shut down its peer-to-peer lending business and has started operations in the auto rental business and bitcoin mining.
  • BEIJING, Sept. 14, 2020 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq:BTBT) , an emerging bitcoin mining company headquartered in New York, U.S. today announced that the Company's name officially changed from Golden Bull Limited to "Bit Digital, Inc." effective on September 14, 2020. 
  • https://bit-digital.com/


Friday, July 10, 2020

China Rapid Finance (NYSE: XRF) changes ticker symbol to SOS

 SHANGHAI, July 10, 2020 /PRNewswire/ -- China Rapid Finance Limited (NYSE: XRF) (the "Company") today announced that the Company's ticker symbol on the New York Stock Exchange will change from "XRF" to "SOS," effective at the start of trading on July 20, 2020.

Mr. Yandai Wang, CEO of the Company, said, "We are excited to be able to align our NYSE ticker symbol with the 'SOS' brand in recognition of our ongoing transition out of the fin-tech business and into the emergency rescue services business. This change will provide for better alignment between the core business operations of the company and its stock symbol which we believe will lead to better investor understanding. It also makes it clearer what the business focus and its primary source of earnings will be going forward."

About China Rapid Finance Limited

China Rapid Finance Limited (NYSE: XRF) is a holding company operating primarily in the emergency rescue services business. The Company provides a wide range of emergency rescue services to its corporate and individual members in China through its operating subsidiary, SOS Information Technology Co., Ltd. ("SOS"). SOS also provides various types of membership cards to individual members in large corporations as part of employee benefits. Its products include SOS Medical Rescue Card, SOS Auto Rescue Card, SOS Financial Rescue Card, and SOS Life Rescue Card. SOS utilizes cloud and other cutting-edge technologies to provide emergency rescue services in a new fashion, including its app based mobile platform, cloud call centers and large data centers. SOS has contractual service agreements with major banks, insurance companies, internet companies, and telecom providers in China.  

Wednesday, May 27, 2020

ZoomInfo (Nasdaq:ZI) launches initial public offering

Note: ZoomInfo's Nasdaq trading symbol has changed from ZI to GTM, effective May 13, 2025. This change is intended to reflect ZoomInfo's commitment to its "go-to-market" strategy and its new platform, GTM Studio, which focuses on orchestrating and activating go-to-market campaigns. 

ZoomInfo provides  B2B contact and company information to accelerate the growth of sales and marketing teams.
  • HQ: Waltham, Massachusetts, United States
  • Founded: Feb 1, 2000
  • Founders: Kosmas Karadimitriou, Yonatan Stern
  • https://www.zoominfo.com/

Carlyle-backed
Looks to raise about $800 million in Nasdaq listing


(Reuters) - ZoomInfo Technologies Inc expects to raise up to $801 million in its U.S. initial public offering (IPO), as the market for new issues rebounds after the COVID-19 pandemic put several debuts on hold for a couple of months.

The Carlyle-backed business intelligence platform said on Wednesday it expects its offering of 44.5 million shares to be priced between $16 and $18 per class A share, valuing it at $6.89 billion at the top end of the range. (https://bit.ly/2TKplRk)

Some funds and accounts managed by units of BlackRock Inc <BLK.N>, entities related to Dragoneer Investment Group, and Fidelity Management & Research Company have indicated an interest in buying shares worth $100 million each as part of the IPO, ZoomInfo said in a filing.

ZoomInfo follows Warner Music Group, which said on Tuesday it was aiming to sell up to $1.82 billion in stock in its U.S. IPO, potentially the largest New York listing so far in 2020.

The COVID-19 health crisis rocked capital markets and slammed the brakes on several listings in March. The lull, however, is showing signs of waning.

JPMorgan and Morgan Stanley were lead bookrunners for the offering on the Nasdaq stock exchange, ZoomInfo said.

ZoomInfo said its customers in industries most impacted by the pandemic, including retail, restaurant, hotels, airlines and oil and gas may reduce their technology or sales and marketing spending, which could adversely impact its business.

Thursday, October 17, 2019

Futu Holdings changed its ticker symbol to “FUTU” from “FHL”

HONG KONG, Oct. 18, 2019 (GLOBE NEWSWIRE) -- Futu Holdings, a leading tech-driven online brokerage platform in China, today announced that the Company's ticker symbol on the Nasdaq Global Select Market has changed to “FUTU” from “FHL”. Trading under the new ticker symbol began on Thursday, October 17, 2019.

No actions are needed from FUTU’s current shareholders relative to the ticker symbol change.

Mr. Leaf Hua Li, Futu’s Chairman and Chief Executive Officer, commented, “We are pleased that the ‘FUTU’ ticker finally became available given that it clearly more appropriately reflects our brand. Our company’s name has several meanings that reflect the Company’s philosophy. In Chinese, “Futu” means “the road to wealth;” in English, ‘F’ and ‘T’ represent Fortune and Treasure, while “Futu” is also the abbreviation of "For U, To U," which reflects our company’s values and mission of always putting our customers first.”

A few months ago, Futu reached a new milestone in its offerings on wealth management solutions by launching Money Plus, the Company’s online mutual fund distribution platform. Investors can now seamlessly integrate their mutual fund account with a brokerage account, managing stock trading and wealth management all at once on Futu’s platform. The goal of this integration is to cater to investors’ increasing needs for broader wealth management as they accumulate more wealth and become more financially sophisticated. Money Plus now offers a variety of money market, fixed income and equity funds to provide more rewarding and diverse investment services for all clients. With Money Plus, Futu continues to leverage on its advanced technology and cost-effective brokerage services to expand the business as a premium, one-stop asset allocation platform. 

About Futu Holdings Limited

Futu Holdings Limited (FUTU) is an advanced technology company transforming the investing experience by offering a fully digitized brokerage platform. The Company primarily serves the emerging affluent Chinese population, pursuing a massive opportunity to facilitate a once-in-a-generation shift in the wealth management industry and build a digital gateway into broader financial services. The Company provides investing services through its proprietary digital platform, Futu NiuNiu, a highly integrated application accessible through any mobile device, tablet or desktop. The Company’s primary fee-generating services include trade execution and margin financing which allow its clients to trade securities, such as stocks, warrants, options and exchange-traded funds, or ETFs, across different markets. The Company enhances the user and client experience with market data and news, research, as well as powerful analytical tools, providing them with a data rich foundation to simplify the investing decision-making process. The Company has also embedded social media tools to create a network centered around its users and provide connectivity to users, investors, companies, analysts, media and key opinion leaders.

Friday, August 2, 2019

Owl Rock Capital Corporation (ORCC) began trading on the NYSE on Thur 18 July 19

  • NEW YORK, July 6, 2023 /PRNewswire/ -- Effective today, Owl Rock Capital Corporation is renamed to Blue Owl Capital Corporation and, beginning with today's trading session, its ticker symbol on the New York Stock Exchange will be "OBDC". 
  • Blue Owl Capital Corporation is managed by an investment adviser that is an indirect affiliate of Blue Owl Capital Inc. (NYSE: OWL). Effective today, the Company's investment adviser is renamed as "Blue Owl Credit Advisors LLC".
Owl Rock Capital Corp. priced its initial public offering of 10 million shares of common stock at $15.30 per share for the specialty finance company focused on lending to U.S. middle-market companies. Shares started trading on the New York Stock Exchange on July 18, under the ticker ORCC.




Monday, December 31, 2018

Michael Kors (KORS) changes name to Capri Holdings (CPRI)

  • Michael Kors completes acquisition of Versace, changes name to Capri Holdings; will begin trading under symbol CPRI on January 2.
  • Michael Kors bought Versace for $2.1 billion in September 2018 as part of its action plan to become a luxury fashion conglomerate to rival Kering and LVMH. Under the Capri Holdings label – the name it chose to reflect its new portfolio approach – also sits Jimmy Choo, which Kors acquired in 2017 for $1.2 billion.




     "With the acquisition of Versace, we have now created one of the leading global fashion luxury groups in the world," Chief Executive John Idol said in a statement. "The new name for our group, Capri Holdings, is inspired by the fabled island which has long been recognized as an iconic, glamorous and luxury destination." The acquisition is expected to help grow the company's revenue to $8.0 billion in the long term and to boost Versace's revenue to $2 billion. The company is aiming to grow revenue at its Jimmy Choo brand to $1.0 billion and its core Michael Kors brand to $5 billion. Versace was purchased for a total enterprise value of 1.83 billion euros ($2.1 billion). The Michael Kors brand has struggled in recent quarters to meet sales estimates, leading the company to pull back from the wholesale channel to protect it from discounting.

Tuesday, March 27, 2018

Tallgrass Energy (TEGP) acquires Tallgrass Energy Partners (TEP); changes name and ticker symbol

Tallgrass Energy GP (TEGP) agrees to acquire Tallgrass Energy Partners (TEP) in a taxable stock-for-unit merger transaction in which TEP unitholders would receive two TEGP shares for each outstanding TEP common unit.

  • Quarterly distributions will be increased: The TEGP Class A share Q1 dividend is raised to $0.4875, or $1.95 annualized, and the TEP common unit Q1 distribution is raised to $0.975, or $3.90 annualized.
  • Upon closing the proposed transaction, TEGP will change its name to Tallgrass Energy LP and trade on the NYSE under the symbol TGE.

Thursday, August 10, 2017

Contura Energy (CTRA) postpones IPO

  • BRISTOL, Tenn., January 22, 2021 – Contura Energy, Inc. (NYSE: CTRA), a leading U.S. supplier of metallurgical products for the steel industry, changed its name, effective February 1, 2021, to Alpha Metallurgical Resources, Inc (NYSE: AMR). (The company has been shifting its focus away from thermal coal to the metallurgical coal side of the business.)
Contura Energy postpones IPO; was expected to price 6.0 million shares within a range of $23-$27
The company's principal selling stockholders unanimously determined that proceeding with the offering under current market conditions would undervalue the company. Accordingly, the company has withdrawn its registration statement on file with the U.S. Securities and Exchange Commission (SEC).

  • CTRA is a miner of met and steam coal with its operations comprising of six mining complexes.
  • The IPO was expected to price last night and open for trading this morning.
  • The lead underwriters on the deal were Citigroup and Jefferies.

Saturday, June 13, 2015

KemPharm (KMPH) began trading on the NASDAQ on 16 April 2015

 


KemPharm, Inc. is a United States-based clinical-stage specialty pharmaceutical company. The Company is engaged in the discovery and development of new molecular entity (NME) prodrugs. The Company, through its Ligand Activated Therapy (LAT) platform technology, creates NME prodrug product candidates. The Company's NME prodrug product candidates include KP201/APAP, KP511/ER and KP606/ER for the treatment of pain; KP415 for the treatment of attention deficit hyperactivity disorder (ADHD), and KP303 for the treatment of central nervous system (CNS) disorders. The Company's product's KP201/APAP is in clinical trial stage, and KP511/ER, KP415, KP606/ER and KP303 are in preclinical trail stage.

Address

2656 Crosspark Road, Suite 100
CORALVILLE, IA 52241
United States

Thursday, February 21, 2013

Sibanye Gold (SBGL) started trading on the NYSE on 11 Feb 2013

  • February 27, 2020: Sibanye-Stillwater changed NYSE ticker symbol from SBGL to SBSW to highlight new corporate structure and diversified asset mix



Sibanye Gold Limited, Chairman Sello Moloko rings the Closing Bell at the New York Stock Exchange on February 21, 2013 in New York City.