Agora raised about $350 million in its IPO for shares that, by the end of the first day of trading, were worth over $880 million. Agora raises $350 million as IPO prices above expected range MarketWatch. Today's IPO for Agora, Inc. ... at a price to the public of $20.00 per ADS. It posted a net income of $3 million the period, compared to … The API developer, with offices in China and California, has set the price range for its offering at $16 to $18 per American depositary share with a plan to sell 17.5 million shares. And in 2019, sales were $64 million, a 48% year … The demand for shares of the company still looks higher than the supply. IPO Price: $20; First Day Closing Price: $50.50; Percent Change: 152.5 percent; Lemonade. Investment Products. Agora. It hasn’t kept that momentum since then, though there have been times (like September) when its stock price surged. Open. In a move that highlights how open the American IPO window may be at the moment, China-based Agora priced its public offering at $20 per share last night, ahead of its $16 to $18 proposed price range.. At $20 per share, the 17.5 million shares sold in its debut raised $350 million, a huge haul for a company that reported around 10% of that figure in Q1 2020 revenue. MENU MENU. Print. Covid-19 had no effect on Agora Inc.'s IPO Friday in which the Shanghai and Santa Clara-based software company's valuation more than doubled … Thinking of investing in new companies before they become household names? And as noted above, DraftKings, Virgin Galactic and Nikola have also … The average 1 year price target among analysts that have covered the stock in the last year is $49.75. The share price is rising and gonna continue this trend today. Subscriber Tools Daily Pricing Sheet ($) ... Issue Price. Its 2018 sales were $44 million. The stock's first trade was at $45, or 125% above its $20 IPO price, at 11:43 a.m. Eastern for 1.4 million shares. This recent spate of IPOs — Agora, Vroom, ZoomInfo, and Lemonade — has resurfaced the familiar occurrence of the “IPO pop,” where companies’ initial share prices see large increases relative to their original IPO price on the first day of trading. Agora has seen steady growth. Agora raises $350 million as IPO prices above expected range. After the end of Agora’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company. IPO Price: $29; First Day Closing Price: $69.41; Percent Change: 139 percent; Companies that are going public via SPAC. The stock has extended gains since, to be up 133%. This year has been a wild one for the tech initial public offering market (and the world). Everything you need to know about the Agora IPO including Offer Price, Filed Date, IPO Date, Offer Shares, Dealsize and Underwriters. Agora has filed to raise $298 million in a U.S. IPO, plus another $110 million in a concurrent private placement. Price/Earnings: Latest closing price divided by the earnings-per-share based on the trailing 12 months. Monday, January 04, 2021. Agora provides Real-Time Engagement Platform-as-a-Service (RTE-PaaS) in the People's Republic of China, the United … The initial public offering price is expected to be between $16.00 and $18.00 per ADS. The Fund's objective is long-term capital appreciation. IPO date: June 25, 2020; IPO price: $20; Last private valuation: Unknown; IPO valuation: About $2 billion, according to TechCrunch; EOY price: $43.02; Agora saw its stock price spike on its first day of trading, closing more than 150 percent above its IPO price. Chinese software company Agora Inc., whose U.S. headquarters is in Santa Clara, set price targets Monday for a Friday IPO in which it hopes to raise up to $362 million. More. Video Call Embed real-time high quality video chat and group chat into any app with our easy-to-embed SDK. The company, with offices in Santa Clara and Shanghai, has priced its American depositary shares at $20 apiece – above the expected range of $16 to $18 per share. More about Agora IPO In its filing to Nasdaq , Agora reported a Q1 growth in revenue by 165.7% making up $35.6 million. People engage longer when they see, hear, and interact with each other. Agora - Russian IPO Fund is an open-end interval investment fund incorporated in Russia. Price/Cash Flow: Latest closing price divided by the last 12 months revenue/cash flow per share. These and other conditions can cause a rise in the share price today. General Information: Business: To make real-time engagement ubiquitous, allowing everyone to interact with anyone, anytime and anywhere. In a move that highlights how open the American IPO window may be at the moment, China-based Agora priced its public offering at $20 per share last night, ahead of its $16 to $18 proposed price … Shares. IPO Investing . Home Subscribe. Companies with negative earnings receive an "NE." Trailing the rush Chinese listings of recent weeks, Agora Inc. gets ready to lift off in a massively upsized New York initial public offering Friday expected to raise at least $315 million, and possibly much more.. Agora has priced its initial public offering of 17.5M American depositary shares, each representing four Class A ordinary shares of Agora, at $20/ADS.Underwriters' over-allotment is … 07:38 AM ET. Agora's stock indicated to open at $34, or 70% above $20 IPO price MarketWatch. Agora, Inc. provides Real-Time Engagement Platform-as-a-Service (RTE-PaaS) in the People's Republic of China, the United States, and internationally. 1. View analysts' price targets for Agora or view Wall Street analyst' top-rated stocks. Google, UnderArmour and Facebook were holdings in our IPO investment strategies when they were newly public. 02:30 AM ET. Learn More How to invest. Agora Inc., a real-time engagement API provider, lifts off today on the Nasdaq Global Select Market in an initial public offering worth $350 million. U.S. IPO ETF. IPO intraday trading strategy idea Agora offers a suite of voice and video application programming interfaces. Its RTE-PaaS offers developers with software tools to embed real-time video, voice, and messaging functionalities into applications. Agora Inc.'s initial public offering priced late Thursday above the expected range, as the Shanghai-based video interaction software company raised $350 million. List of Recently Priced IPOs with Offer Date, Deal Size, Current Price and Return from IPO - Renaissance Capital. The firm provides voice and … 86 Research started coverage on Agora in a research note on Monday, November 2nd. Autonomous vehicle and lidar tech company Luminar is one of the latest companies to go public via SPAC. The company’s goal is to help developers use real-time engagement to create innovative products, improve user experiences and build applications leading to the future of technology. The total size of the offering was $350,000,000 based on an initial share price of $20.00. The COVID-19 pandemic pretty much halted tech IPOs in the spring, and there was speculation that companies that planned to go public in 2020, like Airbnb, would have … StreetInsider.com Top Tickers, 8/21/2020. Agora … Products . A number of equities analysts have recently weighed in on API shares. The Real-Time Engagement Platform for meaningful human connections. Agora also intends to grant the underwriters a 30-day option to purchase up to an additional 2,625,000 ADSs to cover overallotments. Price/Book: A financial ratio used to compare a company's current market price to its book value. Article Stock Quotes (1) FREE Breaking News Alerts from StreetInsider.com! Agora, Inc. API - NASDAQ. Summary. Agora had issued 17,500,000 shares in its IPO on June 26th. Agora. The initial public offering price is expected to be between $16.00 and $18.00 per ADS. E-mail Address. This suggests a possible upside of 14.1% from the stock's current price. Agora, Inc. (API) IPO Advisory and IPO Research from IPO Boutique. Agora IPO | API NASDAQ Listed – View Bell Ringing Ceremony. Agora Announces Pricing of Initial Public Offering. Agora has applied to list its ADSs representing Class A ordinary shares on the Nasdaq Global Select Market under the ticker symbol "API." The company sold 17.5 million... About API. We pioneered Real-Time Engagement Platform-as-a-Service, or RTE-PaaS, and we are the global leader by market share in this rapidly growing industry. They issued a “buy” rating and a $47.00 target price on the stock. Agora (Nasdaq: API) Agora is a China-based video, voice and live interactive streaming platform. - Renaissance Capital On average, they expect Agora's share price to reach $49.75 in the next year. Trade Date. Their forecasts range from $42.00 to $60.00. Company Releases for Agora Inc. ADR. Voice Call Add real-time crystal-clear voice chat into any application with our easy-to-embed SDK. With Agora, you can embed vivid voice and video in any application, on any device, anywhere. Agora. 5 analysts have issued 1 year price objectives for Agora's shares. $ 16.00 and $ 18.00 per ADS kept that momentum since then, though there have been (... Be between $ 16.00 and $ 18.00 per ADS buy ” rating a... Leader by market share in this rapidly growing industry are the global leader market..., or 70 % above $ 20 IPO price MarketWatch on agora in a Research note on Monday November. 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