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Firefly Aerospace increased the expected price range for its upcoming initial public offering (IPO), now targeting $41 to $43 per share. The Details: The new range would give the space technology firm ...
It's also a lot less cash than Voyager has on hand (just $175.5 million at last report), which explains why Voyager must IPO to raise the cash it needs to build Starlab.
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Voyager IPO: Stock Rockets 82% Higher in Trading Debut - MSN
Voyager has also raised the size of its stock sale from 11 million shares to 12.35 million. At $57 a share, Voyager is worth about $3.5 billion on a fully diluted basis.
Key Points Voyager Technologies was supposed to IPO for a price as low as $26 a share -- but didn't. IPO shares began trading on their first day near $70 a share. They've gone nowhere but down since.
The IPO floodgates have swung open for breakthrough AI and crypto companies ready to shake up the market. Read more here.
Investing.com -- Today’s IPO for space exploration company Voyager Technologies (NYSE:VOYG) opened for trading at $69.75 after pricing its IPO at $31 per share. The company sold 12,348,387 shares in ...
Voyager set the stage for this IPO with a $60 million crossover round unveiled last April. Over the past few weeks, though, the sudden notoriety that Turing CEO Martin Shkreli gained by jacking up ...
Voyager shares opened at 1:10 p.m. Eastern time on the New York Stock Exchange at $67, or 116.1% above the $31 IPO price. They then pared some gains, and closed the day at $56.48, up 82.2%.
Voyager's IPO is an outlier because most venture-backed companies have preferred to stay private, especially after the pandemic. Like many tech companies that go public, Voyager is unprofitable.
Voyager’s proposed $86 million offering shows the effects of the recent biotech downturn, coming in significantly less than fellow gene therapy firms bluebird bio and Spark Therapeutics.
And here's the best part: Whereas ISS cost $100 billion to build, Voyager said it expects to build and launch its Starlab for "approximately $2.8 billion to $3.3 billion." How to value the Voyager IPO ...
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