Covering IPOs, Healthcare and Technology Stocks

Andrei Zakharov

A highly collaborative investment professional and research analyst with 10+ years of international experience in equity research, treasury operations, and trading positions across multiple asset classes at leading multinational banks Citibank and Morgan Stanley, UHNWI-backed family office and European independent equity research firm. A respectable background in equity capital markets, corporate treasury, investment banking operations, equity research analysis and portfolio management.

Algosun Global

Equity Capital Markets

<p>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.  </p><p>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.  </p>

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