SiliconBeat

Interest must be heavy in obtaining a piece of OpenTable’s impending initial public offering of stock scheduled for later this week, judging by an amendment the San Francisco-based developer of an electronic reservation booking system for restaurants filed today to its initial registration statement. The potential price range was bumped up nicely from the $12-$14 range the company announced last week to $16-$18.

That would boost the amount of many raised by the offering Read the rest of this entry »

OpenTable, the San Francisco-based developer of an electronic reservation booking system for restaurants, moved closer to pushing its proposed initial public offering out the door Tuesday when it estimated a price range of between $12 and $14 per-share price for the 3 million shares it plans to sell the public for the first time. At the high end, the offering would generate $42 million. About half of that would go to current shareholders selling some of their own stake in the IPO.

The pricing was part of a fourth amendment the company filed Tuesday to its original registration statement, which it updated with results for its quarter ended March 31. Sales for the quarter totaled Read the rest of this entry »

It’s been a slow season for initial public offerings so whenever we see a new one registered, no matter where its located, we like to take a look. Today, Mayetok, a “development stage” company planning to market Ukrainian vacation properties”, registered its intention to offer 700,000 shares of itself to the public at 5 cents each.

Mayetok, founded in April (the 29th, to be exact, lest you were thinking its inception date might have been April 1), Read the rest of this entry »

At the very least, give the folks at OpenTable, the San Francisco-based developer of an electronic reservation booking system, an A for chutzpah, as they launch an initial public offering in the midst of a consumer-spending meltdown (Risk duly noted below.)

The company registered today to raise an estimated Read the rest of this entry »

This news won’t come as much of a surprise, but the number of initial public offerings worldwide fell in the third quarter by 82 percent from the year before to 20, while the total amount of cash invested fell 89 percent to $9.3 billion, according to a review by Renaissance Capital’s IPOhome.com.

And of the top 10 global IPOs, only one Read the rest of this entry »

Fluidigm, the South San Francisco biotech company that registered its initial public offering with the SEC back in April, is set to push it out to investors next week, according to Renaissance Capital. At least its investment banker underwriting the offering, Morgan Stanley, is still standing.

The company, which supplies what it calls integrated fluidic circuits — nanoscale devices that enable its life science customers to perform thousands of sophisticated biochemical measurements on samples smaller than the content of a single cell — is offering 5.3 million shares to the public for the first time. It has set a price range for the offering Read the rest of this entry »

We’ve seen only one initial public offering successfully launched in Silicon Valley so far in
2008, and the year is nearly half over. It’s the slowest start to a year since 2003, when in the run up and immediate aftermath of the invasion of Iraq not a single valley company went public.

So the fact that two companies in the last two days registered their intention to sell shares to the public for the first time seems more noteworthy than it might have been in, say, 1999. Read the rest of this entry »

Investors didn’t seem pleased by the news that SuccessFactors of San Mateo announced it would sell up to 7.5 million more of its shares to the public in an underwritten offering barely six months after its initial public offering, and the first business day after its shareholders meeting Friday. Its shares fell 71 cents, or 6.6 percent, to $10.74. It was the stock’s biggest drop since January. Read the rest of this entry »

An index measuring the performance of recent initial public offerings soared 14.6 percent in April, “signficantly outperforming” the major indices, according to Renaissance Capital.
“The strong performance was driven by renewed interest in technology and growth stocks as the market began to show signs of life. Investors have begun to place bets on these stocks, which are now trading at bargain prices,” according to the release Renaissance put out on Friday.

Virtualization software provider VMware of Palo Alto was the second best-performing stockduring the period, with a 56 percent gain in its stock price. It was surpassed by Sirtri Pharmaceuticals, which rose 72 percent after announcing it was going to be acquired byGlaxoSmithKline for $720 million.

The top performing sector in April was communications, driven by renewed speculation of a
potential merger between Leap Wireless and MetroPCS.

We blogged about the ArcSight IPO yesterday. But footnoted.org picked up some good nuggets we missed from the earlier S-1 about the perks granted to ArcSight CEO and Chairman Robert Shaw:

Michelle Leder of footnoted.org writes:

“…it’s the yacht club that really stands out. A quick scan of registration statements for the past year shows that Shaw is in a club of one: no other CEO of a newly public company is getting their employer to pick up their yacht club membership. A further search of proxy statements for all companies from the past year goes even further: no other company has disclosed paying for a yacht club for their CEO or any other top executive.”

Read her full post here…