Three new U.S. stocks will be listed on Thursday (Oct. 19), according to the IPO calendar of Fortune Securities.
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[MongoDB, Inc. (NASDAQ:MDB)]
Distributed document storage database unicorn
The company will file its IPO prospectus on September 21, 2017. IPO will debut on Nasdaq on October 19. The offering price will be $18.00-$20.00. 8 million shares will be issued, raising $184 million. Stock symbol: MDB, lead underwriters include Morgan Stanley, Goldman Sachs Group, Barclays and Allen & Co.
Company introduction:In November 2007, the company took 10Gen, Inc. Inc., headquartered in New York, USA, has 826 full-time employees as of July 31 this year. It is an open source database software company that provides distributed document storage databases.
According to foreign media reports, MongoDB's open source database was on the right track a long time ago because developers thought the system was easier to learn than traditional databases. They list themselves as competitors with IBM, Microsoft and Oracle. Because of this, although MongoDB is a unicorn, it also faces a lot of problems. First of all, large companies and banking systems will not use MongoDB. Large companies such as Amazon.Com Inc and Facebook Inc all have their own database systems. High-end customers such as bank and insurance companies generally use Oracle Corp's database. Therefore, MongoDB mainly serves some mid-range customers, and how much service fees can be earned from such customers will bring uncertainty to the company's future prospects.
However, official promotional materials from the company showThe company was valued at $1.6 billion as of January 2015, with investors including Flybridge Capital, Sequoia Capital and Heguang Investment. MongoDB has more than 4300 customers, and more than half of the Fortune Global 100 companies use its products.MongoDB posted a net loss of $45.76 million on revenue of $67.99 million in the six months ended July 31, according to the prospectus. Most of the company's revenue comes from subscription fees and the rest from service fees.
Product introduction:MongoDB is a database based on distributed file storage, written by C++ language, which aims to provide scalable high-performance data storage solutions for WEB applications.
According to the company, MongoDB is a product between relational database and non-relational database, which is the most feature-rich and most like relational database among non-relational databases. The supported data structure is very loose and is a bson format similar to json, so you can store more complex data types. The biggest characteristic of Mongo is high performance, easy to deploy, easy to use, convenient to store data, and the query language it supports is very powerful. It can almost achieve most of the functions of single table query in relational database, and it also supports the establishment of data indexing.
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[LiveXLive Media, Inc. (NYSE:LXL)]
Focus on audio and video streaming media to create a social media ecosystem
The company filed its IPO prospectus on May 11, 2017. IPO is scheduled to debut on the New York Stock Exchange on October 19, 2017. it will issue 7692308 shares and raise $123846156.00 under the ticker symbol LXL.
LiveXLive Media was founded in Nevada on December 28, 2009, merged with Loton Corp on July 20, 2017, reorganized on August 2 of the same year, is headquartered in Beverly Hills, California, USA, and has 20 full-time employees as of September 29, 2017. The company is a video and audio media brand and technology company that creates a social media ecosystem for music, including the LiveXLive platform ("LiveXLive").
Company information shows thatLiveXLive is the only high-quality streaming service in the world dedicated to live music and music-related video content, providing real-time streaming and high-fidelity original content to a wide range of Internet users. Since its launch in 2015, LiveXLive has provided services for more than 200 of the world's largest pop music programs, including Rock In Rio,Outside Lands Music and Arts Festival,Hangout Music Festival.
According to reports, LiveXLive Media's business also includes event marketing and ticketing platform-Wantickets, social media influential company-LiveXLive Influencers, streaming music service-Slacker Radio, video-centric social media application-Snap Inc Interactive and so on.
The company said that LiveXLive Media's platform development strategy is to provide users with an unparalleled online experience through its groundbreaking website and its customized mobile application "LXL APP". In September 2017, LiveXLive Media released the first version of LXL APP for Rock in Rio 2017 on both iOS and Android operating systems, and the LiveXLive application for Apple TV,Roku and Amazon Fire TV is expected to be released later in 2017.
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[RumbleON Inc. (NASDAQ:RMBL)]
Second-hand entertainment motorcycle e-commerce on rumbling wheels
The company will file its IPO prospectus on September 1, 2017. IPO will debut on Nasdaq on October 19, 2017 at a price of $9.49. it will issue 2 million shares and raise $21.827 million under the stock symbol: RMBL, underwritten by Roth Capital Maxim Group.
RumbleON was founded in October 2013. the former name Smart Server,Inc., was renamed RumbleOn,Inc., in February 2017 and is headquartered in Charlotte, California, USA. As of September 20, it has 26 full-time employees. The company operates an online e-commerce platform that allows consumers and dealers to buy, sell, trade and finance second-hand motorcycles at an effective, fast, transparent and attractive price.
In February 2017, RumbleOn acquired NextGen Dealer Solutions and LLC. Through this platform, users can enjoy five major services: (1) selling motorcycles to RumbleOn; (2) putting motorcycles on shelves in shopping malls for sale; (3) buying second-hand motorcycles; (4) financing transactions; and (5) transaction protection.
The company says the purchase of any entertainment vehicle can be complex and time-consuming, and RumbleOn strives to reduce the operations customers need while providing complete visibility and transparency. The company completes each transaction by focusing on services that put customers first, including coordination of transportation and logistics, delivery, financing and transfer of ownership, with the goal of providing users with the most effective, timely and transparent trading experience, to change the way motorcycles and other power and entertainment vehicles are bought and sold.
(editor / Han Han)
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