Latest Blockbuster IPOs and Up Listings for Global Tech Stocks Attracting Major Attention as Traders Focus on Key Economic Data Due this Week
CORAL SPRINGS, Florida, September 23, 2014 /PRNewswire/ --
Newest Market IPO's and exchange up listings for innovative companies in tech sector position for significant investor attention with news concerning shareholder updates and new next generation products & services. Companies in focus today are: NXT-ID, Inc. (NASDAQ: NXTD), Alibaba Group Holding Limited (NYSE: BABA), Mobileye N.V. (NYSE: MBLY), GoPro, Inc. (NASDAQ: GPRO) and ReWalk Robotics Ltd. (NASDAQ: RWLK)
NXT-ID, Inc. (NASDAQ: NXTD) recently completed an essential round of funding and joined the NASDAQ to support ramping of production of Wocket(TM) as well as expand its other biometric and authentication products and services. This strategic achievement positions NXT-ID to pursue new markets and distribution channels while expanding staff in key technology and other positions and continuing to promote consumer awareness through social media and advertising to select markets. NXT-ID has already filled several new positions to accelerate our development of new, innovative features of Wocket and other products. We are adding to our existing staff of 12 and have signed a lease on a fulfillment and customer support center in Melbourne, FL.
Recent developments in the payment industry have brought focus to the many issues surrounding how we pay, and what we pay with. Another large data breach, this time at Home Depot, emphasizes that a smart wallet platform such as Wocket is needed now more than ever. Although Apple Pay has dominated recent news and generated new life in existing technology built around NFC, Android device owners won't be able to take advantage of ApplePay; nor will those without a smart-phone or an iPhone 6 without a slide on case. NFC payment technology was introduced several years ago by services such as Google Wallet and Softcard (previously ISIS Wallet). In addition, some of the largest retailers such as Best Buy, Target, and Walmart are embracing yet another QR code-based technology called MCX, emphasizing the fragmentation in next generation payment systems.
Read the full NXTD shareholder update press release at http://www.financialnewsmedia.com/profiles/nxtd.html
NXT-ID, Inc.'s innovative MobileBio solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio suite of biometric solutions that secure consumers' mobile platforms led by the Wocket(TM); a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval http://www.wocketwallet.com
Alibaba Group Holding Limited (NYSE: BABA) recently announced that the underwriters of its previously announced initial public offering have exercised in full the option to purchase an additional 48,015,900 American depositary shares ("ADSs") from Alibaba Group and certain selling shareholders. Each ADS represents one ordinary share of Alibaba Group and was sold at the price to the public of US$68.00 per ADS. Alibaba Group and the selling shareholders raised a total of approximately US$25.03 billion in gross proceeds from the initial public offering, after the underwriters' exercise in full of the option to purchase additional ADSs. Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Goldman Sachs (Asia) L.L.C., J.P. Morgan Securities LLC, Morgan Stanley & Co. International plc and Citigroup Global Markets Inc. acted as joint book runners for the offering.
Mobileye N.V. (NYSE: MBLY), the global leader in the design and development of camera-based Advanced Driver Assistance Systems, recently announced financial results for the second quarter ended June 30, 2014. "The second quarter results highlight the strength of our unique business model. Our strong revenue growth was driven by continued robust market demand resulting from the ongoing move toward regulating ADAS as well as the value proposition of our innovative solution, which bundles multiple applications into a single package," stated Ziv Aviram, co-founder, president and chief executive officer of Mobileye. "The completion of our initial public offering was an important milestone for us. Mobileye now has enhanced resources to continue executing its growth strategy and further extending its technology leadership position and penetration with OEMs. Looking forward, we have numerous opportunities to continue to drive growth, including creating new and enhanced applications to capitalize on the advantages of our complex technology. Longer term, our position in the market will enable us to benefit significantly from the large and growing semi-autonomous and autonomous driving trend." To read the full report, please click here: http://finance.yahoo.com/news/mobileye-announces-second-quarter-2014-110000674.html
Just under three months ago after its IPO, GoPro (NASDAQ:GPRO) shares have reached $67.22 from an IPO price of $24.00 in June. The maker of wearable cameras is popular Wall Street, and analysts have said its success can be attributed to its video quality, which outpaces the general action-cam market. GoPro, Inc. develops hardware and software solutions to alleviate consumer pain points associated with capturing, managing, sharing, and enjoying engaging content.
ReWalk Robotics Ltd. (NASDAQ: RWLK) an innovative medical device company that designs, develops and markets wearable robotic exoskeletons for individuals with spinal cord injury, recently announced the closing of its initial public offering of 3,450,000 ordinary shares at $12.00 per share, which includes 450,000 ordinary shares purchased pursuant to the full exercise of the underwriters' option to purchase additional shares. All shares were issued and sold by ReWalk. Barclays Capital Inc. and Jefferies LLC are the joint book-running managers for the offering. Canaccord Genuity Inc. is the co-manager for the offering. A copy of the final prospectus related to the offering may be obtained when available from: Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Ave, Edgewood, NY 11717, 888-603-5847, email: [email protected] or Jefferies LLC, 520 Madison Ave, 2nd Floor, New York, NY 10022, 877-547-6340, email: [email protected]. Read the full report here: http://finance.yahoo.com/news/rewalk-robotics-ltd-announces-closing-173222304.html
FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services. If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/. Follow us on Facebook: http://www.facebook.com/financialnewsmedia and Twitter:http://twitter.com/FNMgroup.
DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNMG has been compensated one thousand four hundred dollars for news coverage of the current press release issued by NXT-ID, Inc. by the company. FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.
Contact Information:
Company: FN Media Group, LLC
Contact email: [email protected]
U.S. Phone: +1(954)345-0611
URL: http://www.financialnewsmedia.com
SOURCE FN Media Group LLC
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article