Month: February 2021

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Trading Ideas

Greenshoe Option in The IPO Process

February 19, 2021 admin Comments Off on Greenshoe Option in The IPO Process

The greenshoe option allows underwriters to buy extra shares from a company that goes public. It is an over-allotment clause in the underwriting agreement of an initial public offering (IPO). It’s used to support the share price of a company following the IPO process.
A greenshoe option often allows underwriters to buy up to 15% more of a company’s shares than initially offered. Over-allotting shares helps stabilize the price when public demand is higher or lower than expected.

How Does the Greenshoe Option Work?
A greenshoe option helps to reduce volatility in the market caused by supply-and-demand inconsistencies. An underwriter can short sell …read more […]

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Trading Ideas

The First Crypto ETF Has Hit the Market. But Will the U.S. See One?

February 19, 2021 admin Comments Off on The First Crypto ETF Has Hit the Market. But Will the U.S. See One?

The U.S. doesn’t have a Crypto ETF yet. But the first North American Crypto ETF has debuted on the Toronto Stock Exchange (TSX). It’s another sign that crypto is rapidly moving towards the mainstream.

In its first hour of existence, TSX’s Purpose Bitcoin ETF saw more than $80 million in volume… Proving that not only is there acceptance for such an investment vehicle, there’s a whole lot of demand too.
In a press release leading up to the new ETF, Purpose Investments CEO Som Seif said,
“We believe Bitcoin, as the first and largest asset in the emerging cryptocurrency ecosystem, is poised to …read more […]

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Will Axiom Space IPO? Why Investors Want Axiom Stock

February 19, 2021 admin Comments Off on Will Axiom Space IPO? Why Investors Want Axiom Stock

Will investors see Axiom Space stock? Unfortunately, there are no plans for an Axiom IPO right now. But some analysts think the company might go public in the next couple years.
So, will Axiom go public? Here’s what we know…
Axiom Space IPO: The Business

President, CEO and former NASA program manager Michael Suffredini co-founded Axiom Space with Executive Chairman Kam Ghaffarian in 2016. Headquartered in Houston, Texas, Axiom is an American aerospace manufacturer and orbital spaceflight services company. Like SpaceX and Blue Origins, Axiom aims to democratize space, making it accessible to everyone in the future.
Axiom’s big project is a commercial space …read more […]

Newsmakers

Hapbee (OTC: HAPBF) Announces Filing of Provisional Patent Application for Bed-Related Form Factor

February 19, 2021 admin Comments Off on Hapbee (OTC: HAPBF) Announces Filing of Provisional Patent Application for Bed-Related Form Factor

Application is for Body Support System for Emitting Ultra-Low Radio Frequency Energy VANCOUVER, BC, Feb. 19, 2021 – Hapbee Technologies, Inc. (TSXV: HAPB) (OTCQB: HAPBF) (FSE: HA1) (“Hapbee” or the “Company“), a wellness technology company utilizing groundbreaking magnetic […]