Only One of 2017’s Reg A+ IPOs Ended the Year Above Its IPO Price

Only One of 2017’s Reg A+ IPOs Ended the Year Above Its IPO Price
Eight companies used Regulation A+ to IPO on senior US exchanges (Nasdaq & NYSE American) in 2017. Seven of those companies ended the year with a share price lower than their IPO price.
The one Reg A+ IPO that closed the year above its IPO price was Longfin Corp. (NASDAQ: LFIN). Not only was LFIN the last Reg A+ IPO of the year but the company is also up over 1,000% from its IPO price (primarily because the company’s business involves crypto currency).
All of the other Regulation A+ IPOs ended the year 12 to 52 percent below their IPO prices.
Learn more about 2017’s Reg A+ IPOs below.
Myomo, Inc. (NYSE American: MYO)
IPO Date: June 12, 2017
Amount Raised: $5,000,000
IPO Price: $7.50
December 29, 2017 Close Price: $3.75
Percentage Change From IPO: -50%
Click to learn more about the MYO Reg A+ IPO
ADOMANI Inc. (Nasdaq: ADOM)
IPO Date: June 15, 2017
Amount Raised: $9,200,000
IPO Price: $5.00
December 29, 2017 Close Price: $4.40
Percentage Change From IPO: -12%
Click to learn more about the ADOM Reg A+ IPO
ShiftPixy Inc. (Nasdaq: PIXY)
IPO Date: June 30, 2017
Amount Raised: $12,000,000
IPO Price: $6.00
December 29, 2017 Close Price: $2.88
Percentage Change From IPO: -52%
Click to learn more about the PIXY Reg A+ IPO
Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE)
IPO Date: August 18, 2017
Amount Raised: $30,000,000
IPO Price: $12.00
December 29, 2017 Close Price: $9.00
Percentage Change From IPO: -25%
Click to learn more about the CSSE Reg A+ IPO
Arcimoto Inc. (Nasdaq: FUV)
IPO Date: September 21, 2017
Amount Raised: $19,500,000
IPO Price: $6.50
December 29, 2017 Close Price: $4.01
Percentage Change From IPO: -38%
Click to learn more about the FUV Reg A+ IPO
FAT Brands Inc. (Nasdaq: FAT)
IPO Date: October 23, 2017
Amount Raised: $24,000,000
IPO Price: $12.00
December 29, 2017 Close Price: $8.92
Percentage Change From IPO: -26%
Click to learn more about the FAT Reg A+ IPO
Level Brands Inc. (NYSE American: LEVB)
IPO Date: October 23, 2017
Amount Raised: $12,000,000
IPO Price: $6.00
December 29, 2017 Close Price: $4.35
Percentage Change From IPO: -28%
Click to learn more about the LEVB Reg A+ IPO
Longfin Corp. (NASDAQ: LFIN)
IPO Date: December 13, 2017
Amount Raised: $11,500,000
IPO Price: $5.00
December 29, 2017 Close Price: $56.30
Percentage Change From IPO: 1,026%
Click to learn more about the LFIN Reg A+ IPO
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