, private security exchanges. This paper uses data on IPO firms that list on the SharesPost private securities exchange platform … to examine the potential benefits of a listing. Specifically, we test whether a listing reduces IPO underpricing or … enables liquidity provision to firm employees. Controlling for endogeneity, we find no evidence that a pre-IPO listing on …

This article examines the factors that determine IPO success in raising equity capital, and how this success translates … pre-IPO profitability is a strong and positive signal for investors that translates into a higher offer price and … therefore determines the success of the issuance. However, companies with high IPO success do not provide investors with better …

This paper analyzes stock returns for biotechnology firms after initial public offering (IPO) and explores the effect … average abnormal returns (CAARs) of 1.97% in the first 25 days post-IPO and a decline of tens of percentage points over the … yield negative CAARs immediately following the IPO; however, this negative CAAR becomes significant only from day 50 onward …

We provide a fresh look at the performance of the stock prices of firms that launched an IPO between 2009 and 2019 and …

Performance Indicators and IPO Offer Prices. It seeks to assist Indian IPO investors to make more informed decisions by advancing … their knowledge about relevant Pre-IPO Financial Performance Indicators that are effective predictors of Offer Price. The … framework to demonstrate that an IPO Offer Price can be assessed by its Pre-IPO Financial Performance. The findings of this …