North America
Ally removes JPMorgan as an underwriter as it prepares for an IPO
Ally Financial, preparing for its IPO, has dropped JPMorgan from its list of underwriters. The removal of JPMorgan Chase & Co. , from the list of underwriters for its planned initial public offering of Ally Financial Inc.
Biotech, Intrexon Corp, files for IPO
A biotech company wants to raise US$125 million through its IPO. Intrexon Corp, a Florida-based biotechnology company, has filed with U. S. Securities and Exchange Commission an initial public offering of common stock.
Redmond-based antenna developer raises US$50 million
Kymeta, an antenna developer and a spinoff of Intellectual Visions, raises US$50 million. Kymeta, a Redmond-based satellite antenna developer, said it had raised $50 million in capital.
Active Power names board chairman as new interim president and CEO
Active Power named board chairman as new interim president and CEO. Active Power named its chairman of the board, Dr. Ake Almgren, as its new interim president and chief executive officer.