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Olaplex with ‘strong performance’ after IPO

By   /  Friday, October 8th, 2021  /  Banking & Finance, Latest news, left, South Coast, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Olaplex with ‘strong performance’ after IPO

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Olaplex shares jump 17% after $1.6B IPO

By   /  Thursday, September 30th, 2021  /  Banking & Finance, Latest news, right, Top Stories, Tri-County Public Companies  /  Comments Off on Olaplex shares jump 17% after $1.6B IPO

NOTE: This article was originally posted at 11:30 a.m. and updated after the markets closed at 1 p.m. PDT to reflect Olaplex’s closing price. The Montecito-based hair care products company Olaplex’s stock began trading on the Nasdaq on Sept. 30, opening at $21 and shooting up to $24.50 by the end of the trading day. Read More →

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Olaplex ups IPO price, hopes to raise almost $1.5B

By   /  Tuesday, September 28th, 2021  /  Banking & Finance, Latest news, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Olaplex ups IPO price, hopes to raise almost $1.5B

The Montecito-based hair care products company Olaplex upped the projected share price of its planned initial public offering on Sept. 28 and now expects to raise as much as $1.46 billion. Olaplex now plans to price its upcoming IPO at $17 to $19, it said in a filing with the U.S. Securities and Exchange Commission, Read More →

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Energy Vault to go public in SPAC deal

By   /  Thursday, September 9th, 2021  /  Banking & Finance, East Ventura County, Energy, Green Coast, Latest news, left, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Energy Vault to go public in SPAC deal

Westlake Village-based Energy Vault will go public after entering into an agreement with the special purpose acquisition company Norvus Capital Corp., in a deal worth up to $388 million. The combined company will have an enterprise value of about $1.1 billion once the deal is complete, according to a Sept. 9 news release from Energy Read More →

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Hair care company with UCSB roots plans IPO

By   /  Friday, September 3rd, 2021  /  Banking & Finance, Education, Latest news, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Hair care company with UCSB roots plans IPO

Olaplex, a hair care products company founded in Santa Barbara using technology developed by UCSB chemists, is planning an initial public stock offering. The company filed a prospectus with the U.S. Securities and Exchange Commission on Aug. 27, but the filing gave no details on the price of the shares, the number of shares to Read More →

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Dole down 9.4% in first day on NYSE

By   /  Friday, July 30th, 2021  /  Agribusiness, Banking & Finance, East Ventura County, Latest news, left, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Dole down 9.4% in first day on NYSE

Westlake Village-based Dole is publicly traded once again, after raising $400 million in a July 30 initial public offering. The IPO was a bit of a letdown for Dole. The company priced its shares at $16 only to see them open at $15 and then drop to $14.50 by the end of the trading day, Read More →

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Procore goes public, stock jumps 34%

By   /  Thursday, May 20th, 2021  /  Banking & Finance, Earnings, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Procore goes public, stock jumps 34%

Procore CEO Craig "Tooey" Courtemanche sits in his office at the company's Carpinteria headquarters (Nik Blaskovich photo)

Editor’s note: This article was updated after the market closed at 1 p.m. to reflect Procore’s closing price. Carpinteria-based Procore Technologies began trading on the New York Stock Exchange on May 20 and saw its share price shoot up 33.7% on its first day, to close at $89.59. Procore priced shares of its initial public Read More →

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