January 18, 2018

American Midstream Partners, LP IPO

American Midstream Partners L.P is a Limited Partnership based in Denver, Colorado. It was formed in 2009 to purchase, develop and operate natural gas energy assets. It operates approximately 1400 miles of pipeline that gathers and transports over 500 MMcf/d of natural gas. The primary locations are Alabama, Louisiana, Mississippi, Tennessee and Texas.


The Initial Public Offering will be 3.75 million units with an estimated cost of $19-$21 per share. Based on this range, American Midstream Partners expects to raise $75 million. The underwriters have the option to purchase an additional 562,500 units in the event of over-allotments.

The funds raised are for purposes including debt repayment. In the first quarter of 2011, the company’s loss increased to $3.4 million, as opposed to $1.4 million a year previously. This was due to an unrealized loss on derivatives and an increase in operating costs.

The S-1 form was filed on July 15th with the United States Securities and Exchange Commission.The IPO is being underwritten by Citi and BofA Merrill Lynch, and will be listed on the New York Stock Exchange with the symbol AMID.

For more information, click here:

American Midstream Partners, LP S-1/A Form

American Midstream Partners, LP

MarketWatch – The Wall Street Journal Digital Network

Wildcap Energy Inc. IPO

Wildcap Energy Inc. is a development-stage company based in Santa Ana, California. Formerly known as WildCap Energy Storage Devices, Inc., the company’s focus is vertical axis wind turbines.


A license agreement between the University of Arizona and Wildcap grants the company the option to commercialize an innovative technology developed at the university. Wildcap reports that vertical axis turbines are simpler, quieter, less costly and omnidirectional.

While the current market consists of turbine farms distributing energy, Wildcap targets the end users and offers them the cost-saving benefit of generating their own electricity.

Wildcap Energy Inc. filed an initial offering of 680,000 shares at an expected price of $1. The lead underwriter is SUTI Holdings LP. The common stock is being offered by the stockholders; therefore, Wildcap will not receive any proceeds from the sale of the shares.

Wildcap Energy Inc. S-1/A Form

Wildcap Energy Inc.

Bloomberg Businessweek Company Overview

Zillow IPO

Seattle Washington based Zillow Inc is set to join the recent cavalcade of internet companies going public when it debuts next week on the Nasdaq Global Market with an initial product offering of 3,462,000 shares. The IPO is underwritten by CITI and the company hopes to raise about $59 – $71 million dollars with shares in the price range of $16-$18.


UPDATE:  Zillow has set the price for their IPO at $20 per share, which is above their expected range.  This will give them an initial valuation of almost $540 million.  Trading in Zillow shares begin Wednesday July 20, using the ticker symbol Z on the NASDAQ exchange.

Founded in 2005, industry leading Zillow is a vast online real estate resource offering property value estimates, sales histories, and listings of millions of homes available for sale or rental. Among the website’s features are custom loan quotes and a mobile application available for iPhone, iPad, Android and Blackberry that can show nearby homes on an aerial map complete with property histories and estimated values.

Zillow includes data on 100 million homes in the USA, including those for sale and those not on the market. It boasts over 22 million unique monthly users and is one of the top five most visited real estate websites in the USA. Zillow generates revenue from advertising with local real estate professionals and pay per click display ads. The website has not yet made a profit since its launch in 2006 but growth has been strong with revenue growing 74% from 2010 to 2011. Proceeds from the IPO are expected to be used to increase visibility in the marketplace and increase financial flexibility.

Initially Zillow planned to offer shares at a price range between $12 to $14 but in a recently revised filing increased the price to $16-$18. The price increase could give Zillow a valuation near $500 million. A private placement of stock with Technology Crossover Ventures is expected to raise another $5.5 million.

Shares of Zillow are expected to begin trading the week of July 18, 2011 and will trade under ticker symbol “Z”.

Resource links:

Zillow S-1/A Form

Zillow

Techcrunch

Dow Jones Financial Information Services

Thunderclap Entertainment, Inc. IPO

Thunderclap Entertainment, Inc. is a Santa Monica, CA, based company. Currently in the developmental stage, the company is looking to develop and produce high quality films within a budget, maximizing its value by selecting projects according to profitability. It intends to develop and acquire content according to certain demographics and the requirements of various markets. The main focus is on feature-length movies with a budget of under $2 million.

The company also intends to develop projects in states that offer tax incentives for the film industry, reducing the need for added capital.

The initial amount of shares offered will be 1.485 million, with a projected price per share of $0.20.

An amended IPO registration was filed with the United States Securities and Exchange Commission on July 14th, 2011. This is a direct public offering, therefore there are no underwriters. A ticker symbol has yet to be announced.

Thunderclap Entertainment, Inc. S-1/A Form

Thunderclap Entertainment, Inc.

www.publicfinancial.com

TANGOE INC IPO

Tangoe Inc. is an Orange, Connecticut based company, that provides communication software including customer-management and phone billing software. Founded in 2000, Tangoe currently has more than 500 clients and has nine operation centers around the world, including the Netherlands and China.

It filed an S-1 IPO form with the United States Securities and Exchange Commission on July 14th, and shares will be available to the public shortly. The number of shares offered will be 8.8 million (7.5 million by the company and 1.27 million by shareholders), at a price of between $9 and $11.

After costs, the company expects to make about $66.6 million, which will be used as working capital and for corporate purposes, as well as to repay debt.

The chief underwriters of the IPO are Deutsche Bank and Stifel Nicolaus. Additional underwriters are Lazard Capital, Raymond James & Associates, Signal Hill Capital and Oppenheimer.

Tangoe Inc. will be listed on NASDAQ, under the ticker symbol ‘TNGO’.

TANGOE INC S-1/A Form

TANGOE INC

Reuters

Norwegian Cruise Line Holdings Ltd. IPO

Norwegian Cruise Lines filed their S-1 registration paperwork with the SEC to raise $250 million in an IPO on July 15. The company said they expect to use the proceeds of the IPO to pay down their debt, but no other financial details were reported.

It is the second filing for the company, following a previous S-1 filing in October 2010. The company withdrew that S-1, filed under NCL Corporation Ltd., and the new name of the parent company will be Norwegian Cruise Line Holdings Ltd.

Norwegian is the third largest cruise ship operator in North America, following Carnival Corp. and Royal Caribbean Cruise Ltd. Currently Norwegian is a privately held company owned by Genting HK, an Asian gaming company, and the investment group Apollo Management. Each owns 50% of Norwegian.

Norwegian was founded by businessmen Knut Kloster and Ted Arison and began operations in 1966. Norwegian is well known for their trademarked “”Freestyle Cruising”" concept, differing from other large cruise ship operators by featuring no set dining times, assigned tables or formal dress code. Norwegian operates in North America, the Mediterranean, the Baltic, Bermuda, Central America and the Caribbean, currently fielding a fleet of eleven ships.

Norwegian was bought by Star Cruises, a subsidiary of Genting HK, in 2000, but the company surprised industry observers when they sold 50% of their stake to the Apollo Group in 2007.

In October of 2010, a day before Norwegian’s initial IPO filing, the company announced orders for two new 143,500-ton ships from Germany’s Meyer Werft shipyard, set to enter service in 2013 and 2014. These two ships will be the largest ever built in Germany, each having a capacity of 4,000 passengers. The cost of the deal was reported as 1.2 billion euros and will expand Norwegian’s capacity by 30%.

Norwegian’s total revenues for the twelve months ending March 31, 2011 were $2.09 billion, with net revenues of $1.54 billion and net income of $28.10 million.

For the first quarter of 2011, revenues were up. Norwegian reported total revenues of $495.5 million, net revenues of $368.0 million, with a net loss of $10.6 million. In the first quarter of 2010 Norwegian reported total revenues of $416.5 million, net revenues of $306.9 million, with a net loss of $16.1 million.

Norwegian expects to trade on the Nasdaq under the stock symbol NCLH.

Find out more, visit:

Norwegian Cruise Line Holdings Ltd. S-1 Form

Norwegian Cruise Lines

Norwegian Cruise Line – Wikipedia

USA Today

Targeted Medical Pharma, Inc. IPO

Targeted Medical Pharma, Inc, is a pharmaceutical company specializing in the development of therapeutic systems for the nutritional management of chronic diseases. Founded in 1999 the company is based in Los Angeles, California and has 55 employees.

Targeted Medical Pharma, Inc develops treatments for illnesses such as pain syndromes, metabolic syndrome, sleep disorders, viral infection, hypertension, asthma, and obesity through medicinal food products.

Targeted Medical Pharma, Inc filed to go public in February of 2011. The price and number of shares has not yet been made available but the company hopes to raise about $118 million with the IPO. The lead underwriter is Sunrise Securities Corp. It will be trading on NASDAQ with the ticker symbol TMP.

Fiscal year-end sales for 2010 were $19,115,439 with a one year sales growth of 56%. The net income was $10.1 million.

Targeted Medical Pharma, Inc. S-1/A Form

Targeted Medical Pharma, Inc.

Bloomberg Businessweek

Carbonite IPO

Carbonite Inc was founded in 2005 by David Friend and Jeff Flowers. It is headquartered in Boston, MA, and currently has 150 employees.

The company was founded after the two men realized that many people (including their own family members) failed to back up their computers on a regular basis. The traditional methods of computer backup were considered time-consuming, and required having an external hard drive or burning CD Roms constantly. The majority of the time though, people would simply forget.

There were already existing online backup services, but they were extremely complicated and very expensive. Friend and Flowers decided to create something that would offer an affordable backup service that would simply run in the background, automatically backing up the computer.

Since the launch of Carbonite in 2005, the company has backed up more than 100 billion files, currently 200 million a day. In addition to this, Carbonite has restored over 7 billion files that would have otherwise been lost.

Called “”The easiest online backup software to use,”" by the New York Times, Carbonite works automatically without any input by the computer user. Files are encrypted before they leave the computer, and once again during transfer. They are stored on secure servers which are guarded 24 hours a day. Lost or damaged files can easily be restored, either on an existing or new computer.

Carbonite has won a number of awards, including 2010 winner of the New England Innovation Awards awarded by the Smaller Business Association of New England. It was also a finalist in the Red Herring 100 North America Award, which acknowledges companies for a number of qualities, including technological innovation, market size, financial health and customer acquisition.

Carbonite has grown by 11,207% in the last 3 years, placing #9 in Inc. Magazine’s Top 500 list. MassTLC recently named it their Private Company of the Year.

In May, Carbonite filed an S-1 form with the Securites and Exchange Commission (SEC) proposing an IPO of shares of its common stock, indicating that it is looking to go public in the very near future. To date, the number of shares that will be offered and price haven’t been released, with the only available information being its Ticker Symbol, which will be listed as CARB on NASDAQ.

More information:

Carbonite S-1/A Form

Carbonite

Carbonite Website

Carbonite Updates IPO Paperwork, Growth Continues As IPO Approaches

SW China Imports, Inc. IPO

SW China Imports, Inc., a company based in Nevada, has filed for an initial public offering or IPO.

The company was incorporated on February, 23 of 2011 and they import lace-front wigs and hairpieces which are manufactured in China and Korea.

SW China Imports’ plan is to sell these hairpieces in bulk quantities to hair salons, stylists and beauty supply stores here in the US.

They also intend to sell directly to individual customers via the Internet. SW China Imports, Inc. plans to issue a total of 50,000,000 share of common stock at $0.01 per share.

An official date for SW China Imports, Inc. IPO is forthcoming.

SW China Imports, Inc. S-1/A Form

SW China Imports, Inc.

Bloomberg Businessweek Information on SW China Imports, Inc

Salient Products Corp IPO

Salient Products Corporation is a La Jolla, California based company. Formed in 2010, it is still in the developmental stage, with the objective of selling computer software programs.

The company has developed a PC-based software program which enables the user to control digital content and social networking online accounts in one place. This is particularly useful for users with multiple accounts who require a single central location to control them. The software will be sold online.

An S-1 Form was filed with the United States Securities and Exchange Commission on July 14th, 2011, and the proposed sale will start when the Registration Statement becomes effective. The initial public offering will be 4,000,000 shares at a price of $0.01 per share.

Salient Products Corp S-1/A Form

Salient Products Corporaton: Private Company Information