VC-backed MongoDB to go public

By Iris Dorbian — 2 days ago

New York City-based database software company MongoDB has filed for an $100 million IPO, according to an SEC filing. MongoDB is planning on listing the stock on the NASDAQ under the ticker symbol “MDB.” Morgan Stanley and Goldman Sachs are listed as being among the leading underwriters. MongoDB’s backers include New Enterprise Associates, Sequoia Capital, Union Square Ventures, Flybridge Capital Partners and T. Rowe Price, reported Crunchbase.

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VC-backed Celcuity rolls out IPO

By Iris Dorbian — 4 days ago

Celcuity Inc, a cellular analysis company, has gone public after pricing its 2.4 million shares at $9.50 per share. The stock began trading September 20, 2017 on the NASDAQ under the ticker symbol “CELC.” Craig-Hallum Capital Group LLC is the underwriter. Celcuity’s backers include Brightstone Venture Capital.

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VC-backed Despegar.com goes public

By Iris Dorbian — 4 days ago

Despegar.com, a Latin American online travel provider, has debuted its IPO after pricing its 12.77 million shares at $26 per share. The stock began trading under the ticker symbol “DESP” on the New York Stock Exchange on September 20, 2017. Morgan Stanley and Citigroup are the lead underwriters. Despegar’s pre-IPO backers include Tiger Global Management LLC, General Atlantic, Sequoia Capital, Insight Venture Partners and Accel Partners Management.

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Social Capital forms blank check company Hedosophia to buy unicorns

By Alastair Goldfisher — 1 week ago

Social Capital Hedosophia Holdings, a blank check company formed to acquire a large private technology company, raised $600 million by offering 60 million units at $10, exceeding its $500 million initial target. Social Capital Hedosophia, which trades on NYSE under the symbol IPOA.U, will operate as a special purpose acquisition company. A SPAC, also known as a blank check company, will use the proceeds to provide a source of liquidity for private companies that will become part of the holding company, and investors can sell their shares on the NYSE. Social Capital CEO and founder Chamath Palihapitiya, who is chairman and CEO of Hedosophoia, told the Financial Times that he was targeting unicorn companies with a valuation of between $3 billion to $20 billion.

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VC-backed Roku to go public

By Iris Dorbian — 3 weeks ago

Roku, a TV streaming service, has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. Roku is planning on listing the stock on the NASDAQ under the ticker symbol “ROKU.” Morgan Stanley and Citigroup Global Markets are the lead underwriters. Roku’s backers include Menlo Ventures, Fidelity, 21st Century Fox , Globespan Capital Partners and Netflix.

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VC-backed Nightstar files for IPO

By Iris Dorbian — 3 weeks ago

London-based Nightstar, a retinal gene therapy company, has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. Nightstar is planning on listing the stock on the NASDAQ under the ticker symbol “NITE.” Jefferies LLC, Leerink Partners LLC and BMO Capital Markets Corp are the lead underwriters. Nightstar is backed by Wellington Management Company, Redmile Group, Syncona and New Enterprise Associates.

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