IPO: Wanda Sports Group

WANDA SPORTS GROUP CO. LTD. $4.44 (Nasdaq symbol WSG) sold 23.8 million American Depositary Shares (two ADSs represent three of its class A ordinary shares) on July 29, 2019 at $8.00 each for a total of $190.4 million.

Based in China, Wanda operates various mass-participation sporting… Read More

IPO: Sundial Growers

SUNDIAL GROWERS INC. (www.sundialcannabis.com) is an Alberta-based producer of cannabis for medical and recreational uses. It has five facilities: two in Alberta, and three in the U.K. Sundial is also building a sixth facility in B.C.
The company plans to go public in the next few weeks, and… Read More

Q: Pat: I bought Freshii shares when they first went public. However, the stock has tanked, and it’s now at about half of what it was when I bought it. What’s your recommendation on the stock at this point? Thanks so much.

A: Freshii Inc., $4.74, symbol FRII on Toronto (Shares outstanding: 30.5 million; Market cap: $144.6 million; www.freshii.com), first sold shares to the public and began trading on the Toronto Exchange at $11.50 in late January 2017.

In 2005, at the age of 23, founder and CEO… Read More

Special Situation: Carbon Black IPO

CARBON BLACK INC. $24 (New York symbol CBLK; Manufacturing sector; Shares outstanding: 65.8 million; Market cap: $1.6 billion; No dividends paid; Takeover Target Rating: Medium; www.carbonblack.com) sells computer-security software, mainly as a cloud-based service. It also uses analytics software to predict future cyberattacks and prevent them. Over… Read More