initial public offering Archives

SynCardia Systems files Form S-1 for IPO


SynCardia Systems, a developer and manufacturer of temporary implantable artificial hearts, filed on Monday with the SEC to raise up to $40 million in an initial public offering. Based in Tucson, Arizona, SynCardia Systems, Inc. is the manufacturer of the world’s first and only FDA, Health Canada and CE approved Total Artificial Heart for use… Read More →

STORE Capital announces IPO pricing

STORE Capital Logo copy
by in AZRE Magazine | Featured | In The Spotlight

STORE Capital Corporation, an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate (STORE), announced Tuesday the pricing of its initial public offering of 27,500,000 shares of its common stock at a price to the public of $18.50 per share. The shares are expected to begin trading on… Read More →

Ulthera files for $86 million IPO


Ulthera, which sells ultrasound energy systems for the non-invasive lifting of eyebrows and skin around the neck, filed on Monday with the SEC to raise up to $86 million in an initial public offering. The Mesa-based company, which was founded in 2004 and booked $82 million in sales for the fiscal year ended December 31,… Read More →

LifeLock falls in 1st day of trading on NYSE

by in Business News | Finance | Tech

Shares of LifeLock fell more than 3 percent in its first day of trading as the online provider of identity theft protection services priced its initial public offering below the anticipated range. The Tempe company dropped 30 cents, or 3.2 percent, to $8.70 in morning trading on Wednesday. The shares opened at $8.38, down 7… Read More →

To Create Phoenix Jobs, Resuscitate IPOs

by in Columnist Spotlight | Finance

Job creation in Phoenix is a critical issue that threatens our hope for a sustained economic recovery. While we have heard many suggestions for creating Phoenix jobs, we have yet to hear of the positive role that resuscitating the initial public offering (IPO) market can play on job creation. By taking a look back at… Read More →