External reports (aggregated public sources), Value Investors Club

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External reports (aggregated public sources)

Equity Bottom-Up

<ul><li>ON24 is a cloud-based SaaS platform for digital engagement through webinars and virtual events</li><li>Company has a low valuation and has seen a significant decline since IPO but shows signs of turnaround</li><li>ON24 Elite has generated approximately $171 million in revenue over the last twelve months, making it a high conviction long investment for the author</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

ON24 is a cloud-based SaaS platform for digital engagement through webinars and virtual eventsCompany has a low valuation and has seen a significant decline since IPO but shows signs of turnaroundON24 Elite has generated approximately $171 million in revenue over the last twelve months, making it a high conviction long investment for the authorThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Covering IPOs, Healthcare and Technology Stocks

Andrei Zakharov

Algosun Global

Equity Capital Markets

San Francisco-based ON24 Inc., cloud-based digital experience platform and provider of webinar, virtual event and multimedia experiences, finally priced IPO at $50 per share (top of the range) by offering ~8.6 million shares, what implies an IPO valuation of ~$2.3 billion at top of the price range. The stock is expected to trade on the NYSE under the ticker “ONTF” starting today.  Goldman Sachs, J.P. Morgan Securities and KeyBanc Capital Markets are lead underwriters on the IPO. ON24 Inc. has raised a total of ~$72 million in funding over 6 rounds. Their latest $25 million venture round was led by Goldman Sachs in 2016. ON24 Inc. was founded in 1998 and backed by U.S. Venture Partners, Canaan Partners, Goldman Sachs, Rho Ventures, Merrill Lynch, Comdisco Ventures and Reuters Venture Capital.

San Francisco-based ON24 Inc., cloud-based digital experience platform and provider of webinar, virtual event and multimedia experiences, finally priced IPO at $50 per share (top of the range) by offering ~8.6 million shares, what implies an IPO valuation of ~$2.3 billion at top of the price range. The stock is expected to trade on the NYSE under the ticker “ONTF” starting today.  Goldman Sachs, J.P. Morgan Securities and KeyBanc Capital Markets are lead underwriters on the IPO. ON24 Inc. has raised a total of ~$72 million in funding over 6 rounds. Their latest $25 million venture round was led by Goldman Sachs in 2016. ON24 Inc. was founded in 1998 and backed by U.S. Venture Partners, Canaan Partners, Goldman Sachs, Rho Ventures, Merrill Lynch, Comdisco Ventures and Reuters Venture Capital.  

ON24 IPO. Perfect Market Timing To Go Public

United States

ON24, Inc. provides cloud-based webcasting and virtual communication solutions. The Company offers virtual training, marketing webinars, mobile webcasting, and virtual trade show. ON24 serves customers worldwide.

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ON24 Inc (ONTF US)

On24 Inc (ONTF) - Thursday, Feb 15, 2024

ON24 Elite has generated approximately $171 million in revenue over the last twelve months, making it a high conviction long investment for the author

Value Investors Club

ON24 IPO. Perfect Market Timing To Go Public

We believe shares of VC-backed provider of webinar and virtual events ON24 have substantial upside potential and look undervalued at IPO price of...

Andrei Zakharov

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