What happened to the First Time magazine IPO in 1998?
Company execs came to their senses and called off the IPO when Internet stocks took a sudden, although temporary dip. The founders would try and fail with another IPO in 1998 before the company was wrested from them in a hostile takeover and sold to Advance Magazine Publishers, Inc., parent company of Condé Nast, in 1998 [source: PR Newswire ].
Where do IPO dates come from?
IPO dates are sourced from SEC filings, press releases, roadshow presentations, NASDAQ, NYSE and others. IPO dates are estimated and may change, and in some cases companies postpone or withdraw their plans.
What was the largest American IPO of 2009?
The result appeared to be a bonanza, raising a total of $1.04 billion, the largest American IPO of 2009 to date. Unfortunately, it turned out that the underwriters had gotten greedy [source: Petruno ].
What happened to the stock price after the IPO in 2012?
In the days following the stock's release, it dropped -- and dropped and dropped. The stock stayed below the $38 mark for months and finally bottomed out in September 2012 below $18. The first 16 months of the stock's history were spent below the IPO price.
First Trust Energy Infrastructure Fund Issues Notice Regarding February 2022 Distribution
WHEATON, Ill., February 15, 2022--The Board of Trustees of First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF), CUSIP 33738C103, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year..
First Trust Energy Infrastructure Fund Issues Notice Regarding January 2022 Distribution
WHEATON, Ill., January 18, 2022--The Board of Trustees of First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF), CUSIP 33738C103, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year..
First Trust Energy Infrastructure Fund Issues Notice Regarding December 2021 Distribution
WHEATON, Ill., December 15, 2021--The Board of Trustees of First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF), CUSIP 33738C103, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year..
First Trust Energy Infrastructure Fund Issues Notice Regarding November 2021 Distribution
WHEATON, Ill., November 15, 2021--The Board of Trustees of First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF), CUSIP 33738C103, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year..
What are FIF investments?
Investments that might have potentially fallen under the FIF tax include personal retirement funds, such as American IRAs and Canadian RRSPs, as well as life insurance wrappers, which are often sold by overseas advisors. In addition, the FIF tax applied to any income from foreign companies that were controlled by foreign citizens.
When did the FIF tax change?
In addition, the FIF tax applied to any income from foreign companies that were controlled by foreign citizens. Since 2010 the Foreign Investment Funds Tax has been repealed and replaced with different tax regulations.
What is FIF tax?
The Foreign Investment Funds (FIF) Tax is a term that refers to an Australian tax tariff. The FIF tax was imposed on Australian residents by their government in 1992. The FIF taxed any asset value gains from offshore holdings.
When was the FIF tax repealed?
The FIF tax also prevented citizens from deferring the payment of Australian tax on investments made outside of the country. The FIF tax was repealed in 2010 and replaced with different tax regulations.
Why did the Australian government retain the FIF tax?
The Australian government retained specific aspects of the FIF tax to make sure Australian citizens do not experience double taxation. Double taxation is a taxation principle that refers to a situation in which taxes are paid twice on a single source of income, which can occur in both corporate and personal tax situations.
When did Webvan go bankrupt?
In a last ditch effort to save money, Webvan.com drastically cut the variety of products it offered on the site, which alienated loyal customers and brought sales to a screeching halt -- just in time to declare bankruptcy in 2001, a mere 18 months after its triumphant IPO. 4. Kozmo.com.
Where is Wired Ventures?
The original new media company, Wired Ventures began with a mission to chronicle the emerging information economy from its insider's perch in San Francisco, beating the brick-and-mortar media establishment to the important, underground stories.
When did Vonage go public?
To raise some much-needed cash, Vonage execs decided to go public on May 24, 2006, offering shares at $17 a pop.
How many IPOs will be made in 2020?
Despite a pandemic, 2020 turned out to be a great year for IPOs, with 494 IPOs raising a combined $174 billion, setting new records on both counts, according to data from FactSet, a financial data and software company.
Why did Robinhood raise $3.4 billion?
Just a month into the New Year, Robinhood was already being forced to raise $3.4 billion due to a liquidity crisis brought on by the sudden influx of traders sparking volume it couldn’t handle.
What Is The Foreign Investment Funds (FIF) Tax?
- Foreign Investment Funds Tax or the FIF tax is a term that refers to an Australian tax tariff. The Foreign Investment Funds Tax or the FIF tax was imposed on Australian residents by their government. The tariff taxed any asset value gains from offshore holdings. The Australian government implemented the FIF tax in 1992.1
Understanding The Foreign Investment Funds (FIF) Tax
- The Foreign Investment Funds Tax had a reputation for being fairly controversial and complicated, known for a variety of exceptions and loopholes. The FIF tax prevented citizens from deferring the payment of Australian tax on investments made outside of the country. Investments that might have potentially fallen under the FIF tax include personal retirement funds, such as American IR…
Special Considerations
- The Australian government retained specific aspects of the FIF tax to make sure Australian citizens do not experience double taxation.4Double taxation is a taxation principle that refers to a situation in which taxes are paid twice on a single source of income, which can occur in both corporate and personal tax situations. Generally unintended, double taxation occurs in a variety …