TECH NEWS: ipo
Showing posts with label ipo. Show all posts
Showing posts with label ipo. Show all posts

Friday, October 4, 2013

Twitter announced the launch of the company's shares for subscription


g564001ifc thumb Twitter announced the launch of the company's shares for subscription
Twitter today announced the launch of the company's IPO, this declaration was accompanied by disclosure of the company's own numbers in the initial IPO document, here is a summary of these numbers:
  • The number of registered user Twitter reached 218 million users
  • More than 100 million active users per day
  • Quarters of 2012 amounted to $ 316 million
  • Quarters of the first half of 2013 amounted to $ 253 million
  • The first half of the losses in 2013 amounted to $ 69 million
  • 75% of Twitter users through mobile and as many as 164 million users
  • 65% of the profits come from mobile
  • More than 300 billion Toath been deployed in the service
  • 5% of the fake Twitter accounts
  • More than 3 million websites integrated with Twitter
  • Twitter has 6 patents
  • Twitter has 2,000 employees
  • 472 613 753 shares will be offered in the IPO of the company for an increase of one billion dollars.
  • More person who owns shares in the company is the founder Evan Williams by 12% and then Peter Fenton by 6.7% and then founder Jack Dorsey by 4.9%, and finally president of the company Dick Costolo by 1.6%
Details can be read and underwriting of this document link .

Friday, May 31, 2013

$ 10 million fine on the Nasdaq for shares of Facebook

Nasdaq Agrees to Pay 10 Million to Settle SEC Charges Over Facebook IPO 10 مليون دولار غرامة على ناسداك من أجل سهم فيس بوك
Financial Markets Authority imposed a fine in the amount of U.S. $ 10 million on the NASDAQ and the problems that you got when you put Facebook shares for public subscription a year ago.
This is the largest fine imposed by the financial markets in its history, the regulator says that should the financial market to ensure that the systems work and procedures and contingency plans to have a strong and adequate to manage any process put public offering of shares without the occurrence of interruptions in the market or the effect on him and on other stock listed therein.
The inclusion of shares Facebook on the stock exchange of the largest listing with a large number of investors willing to buy the stock, but that the system of financial market failed to meet all the requests for buying and selling on the stock then on the first day for inclusion led to a series of decisions troubled investors thus violating the rules and procedures laid down.
And agree NASDAQ management to pay the fine without progress in recognition of dereliction of winning tip as well without denying it or make a formal apology.
And then investors claimed they suffered losses amounted to $ 100 million as a result of these technical problems experienced by the market.
And NASDAQ Administration said that they are testing capacitor and widely organized before offering any shares for public subscription, the test did not reveal when you insert Facebook share for design flaws that caused the technical errors.