IPO
Noun
Meaning
a corporation's first offer to sell stock to the public
Source: WordNetSynonyms
Hypernyms
Examples
Some estimate Hulu IPO could bring in $2 billion. What will the content providers get? Zero. What is Hulu without content? An empty jukebox.
According to Zentalis’s prospectus, the company plans to use about $60 million of the IPO proceeds to complete Phase 1/2 testing of ZN-c5 by itself and in combination with Pfizer (NYSE: ) drug palbociclib (Ibrance).
After analyzing the similarities and differences among the 150-member model projections, the team found a linkage between different realizations of the IPO phase and the spread in the SASM rainfall projection.
According to the report, the IPO date hasn’t yet been finalized, but it won’t be Feb. 14, as Valentine’s Day falls on a weekend this year.
A first US IPO followed in 1989 after Ben Rosen joined the Borland board with Goldman Sachs as the lead banker and a second offering in 1991 with Lazard as the lead banker.
Airbnb will seek to raise about $3 billion in its IPO, people with knowledge of its plans have said, making it the largest of the four.