Alibaba confirms US$68 per ADS price, raises US$21.8bn, valued at US$168bn - nine-day roadshow included meetings with more than 500 institutions, basically all of them put in orders http://www.ifre.com/updated-alibaba-settles-on-us68-final-pricing/21165008.article
S-1 just filed with the SEC...final terms (valuation/% being sold not disclosed yet) not disclosed at this point... http://www.sec.gov/Archives/edgar/data/1613665/000119312514325482/d779077ds1.htm#rom779077_10
S-1 just filed with SEC (final terms etc still to be disclosed) http://www.sec.gov/Archives/edgar/data/1613665/000119312514325482/d779077ds1.htm#rom779077_10
thanks Chris! will chime in when i see something that might be interesting and relevant, hope all is well there
I don't really know but there's a prob a few months breather in tech IPOs while the earnings season is digested. with some of these software names down 30% plus some people might see a bit of value and then you'll have the hype machine crank up for the Alibaba IPO early in the second half
the primary Twitter lock-up expires early May (around May 6 i think), ie 180 days after IPO. They could still file for a secondary ahead of that to smooth the transition to a full free float, though obviously the market not as conducive to that as it was a few weeks back. there was an earlier, smaller lock-up expiry in February but this is the big one i believe.
You would think tho that twitter would deliver a good first set of earnings whenever it reports in the coming weeks (such a textbook ipo unlike facebook) am surprised also they haven't filed for a secondary that would allow them to smooth a little the transition to a full free float - more generally the tech sector has disappointed a bit on earnings in previous quarters (more accurately their sales numbers) so I guess that is why the sell off is happening now