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Monrovia-based Green Dot , the provider of prepaid debit cards, has set pricing on its IPO, saying in a filing Friday that it estimates and initial public offering price of between $32.00 Green Dot filed for an IPO in February, and is backed by Sequoia Capital, TTP Fund, and the Tech Coast Angeles. and $35.00 READ MORE>>.
Angel investing group the Tech Coast Angels has officially announced its new investmentfund, the ACE Fund , as the group has begun to broaden out its investments strategy. The TCA said it will invest in a minimum of ten entrepreneurial enterprises.
Monrovia-based Ondax , a developer of optical filters and laser sources based on research out of the California Institute of Technology, has raised $2M in a Series E investment. The Pasadena Angels said the funding will go towards expanding and growing Ondax's optic solutions. READ MORE>>.
Monrovia-based Green Dot , a provider of pre-paid VISA and Mastercard cards, has filed for an IPO, saying this morning that it is looking to raise up to $150M in an IPO on the NYSE. Morgan, Morgan Stanley, Piper Jaffray, and UBS Investment Bank. The firm's IPO is being undewritten by J.P.
Boone Pickens; Aptera Motors , in Carlsbad, which has funding from Google and Idealab; and Phoenix MC , based in Ontario. Car makers are not the only firms in Southern California playing a role in the alternative vehicle market.
Monrovia, California-based Green Dot , the prepaid card and mobile banking giant, is powering the new banking offerings for mobile investing and financial app startup Stash. Stash offers up a mobile app which lets users buy stocks starting as little as $5, with an aim of helping users become more familiar with investing.
Monrovia-based biotechnology developer Xencor has launched a public offering of its common stock, with the aim of raising approximately $110M in funding, the company said on Wednesday. The company said the new funding will go towards working capital and general corporate purposes, including investing in its pipeline and lead compoound.
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