Imperial Capital delays IPO in weak market

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City of Industry, CA --(www.USEquityNews.com)-- 02/05/2010 - IPOs industry alert provided by U.S. Equity News. NEW YORK (AP) -- Investment bank Imperial Capital Group Inc. postponed its $107 million IPO, a person familiar with the offering said Wednesday.


It is the third delayed initial public offering this year, following real estate investment trust Terreno Realty Corp. and China-based Daqo New Energy Corp., a solar energy company.

January was a rough market for IPOs. Of the seven companies that made it to market, four slashed the size of their offerings, and most priced at the very bottom, or below expectations, to lure buyers.

On Tuesday, drug developer Ironwood Pharmaceuticals Inc. priced its offering of 16.7 million shares for $11.25 apiece. It had expected to fetch between $14 to $16 for each share.

Copyright © 2010 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten, or redistributed without the prior written authority of The Associated Press. [Read the full article]

NEW YORK (AP) -- Shares of Ironwood Pharmaceuticals Inc. are up in their IPO debut after the drug developer's offering priced below expectations.

The Cambridge, Mass., biotechnology company had expected shares to fetch between $14 to $16 each.

Ironwood is trading on the Nasdaq Stock Market with the symbol "IRWD." Its stock was recently up 31 cents, or 2.8 percent, at $11.56.

Copyright © 2010 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten, or redistributed without the prior written authority of The Associated Press.

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REHOVOT, Israel, February 3 /PRNewswire-FirstCall/ -- Nova Measuring
Instruments Ltd. (Nasdaq: NVMI), a provider of leading edge stand alone
metrology and a market leader of integrated metrology solutions to the
semiconductor process control market, today announced the proposed follow-on
public offering of its ordinary shares. The offering price of the ordinary
shares will be determined by market and other conditions at the time of
pricing in consultation with the underwriters of the offering. The Company
expects to grant the underwriters a 30-day option to purchase up to an
additional 15% of the ordinary shares offered in the public offering to cover
over-allotments, if any. The offering is expected to price before 9:30 a.m.
EST on Thursday, February 4, 2010.

The ordinary shares are being offered pursuant to a shelf registration
statement on Form F-3, as amended, which was previously filed with and
declared effective by the Securities and Exchange Commission. [Read the full article]

DALLAS, Feb. 3 /PRNewswire/ -- BancTec, Inc., a global provider of advanced, high volume document and payment processing solutions and services, today announced that it plans to file the next amendment to its registration statement with the U.S. Securities and Exchange Commission for the previously announced proposed initial public offering of up to $50 million of its common stock in March, 2010, subject to market conditions.  The filing will include its audited year-end financial results.

A registration statement relating to BancTec's common stock has been filed with the Securities and Exchange Commission but has not yet become effective. BancTec's common stock may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective absent registration or an applicable exemption from registration requirements. [Read the full article]

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