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

REG A+ IPO

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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