Which IPO ETF Is the Best Investment: Renaissance vs. First Trust. Jordan Grice is RISMedia’s associate content editor. Peter Thiel-backed Compass Pathways files for U.S. IPO Most retail investors won't be able to access the starting-price shares due to a delay in general market availability for new IPO stocks. "count": 100 } Compass has raised $1.5 billion U.S. from investors including SoftBank, Goldman Sachs and the Canada Pension Plan Investment Board. Up to 5% of the Class A shares in the IPO will reportedly be reserved for licensed real estate agents affiliated with Compass and certain individuals. pic.twitter.com/KVCDAvZz9n. The company left things open-ended by saying that it will use the capital for working capital and general corporate purposes. "items" : "fadeInDown" Venture capital-backed housing companies will go public within a few days after federal regulators approve an initial public offering on Monday. "triggerOnFacetChange": 1, People may receive compensation for some links to products and services on this website. Since the expiration of COMPASS Pathways' lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted. "autocomplete_delay": 310 }, "resultsposition": "hover", It recorded a net loss of $270.2 million last year, compared with a loss of $388 million in 2019. The private funding alone has brought in $1.5 billion, so you can imagine why Compass is upping the stakes. Recently, Compass was valued at $6.4 billion. The company plans to offer 36 million Class A common shares. After years of speculation, Compass is one day away from its much-awaited initial public offering (IPO). The Berlin-based biotech firm filed Tuesday with the SEC to raise $100 million in an IPO using the ticker symbol "ATAI." ROBERT REFFKIN Founded in 2012 by Reffkin and Ori Allon, Compass … It's a hard time for tech stocks, but Compass could pull through. New York (CNN Business) Riding the tailwinds of months of red hot housing and IPO markets, real estate firm Compass made its debut on the … This is a developing story. It's a promising stock, especially given ongoing expansion, but I'd recommend waiting and observing the volatility before investing. "closeOnDocClick": 1, It will trade on the New York Stock Exchange under the ticker symbol “COMP.” It will trade on the New York Stock Exchange under the ticker symbol “COMP.” Robert Lefkin and Ori Aaron (Getty, iStock) Compass’s long-awaited IPO is finally (almost) here. Compass filed to go public on October 29, 2020. Compass operates a real estate platform that enables real estate agents to deliver high-quality service to buyers and sellers. }. Your email address will not be published. "pshowsubtitle": "0", } The stock, trading under the ticker symbol COMP, opened at $21.25, a $3.25 premium over its offering price of $18 per share, which was itself at the low end of its reduced target range. }, All Rights Reserved. "showdescription": 1, RISMedia's Power Broker Reception & Dinner. "closeOnDocument": 0, “I invite you to join us, and the agents we serve, on this journey. Your email address will not be published. The firm intends to trade shares on the New York Stock Exchange under the ticker symbol “COMP.”. "redirect_on_enter": 0, "trigger_on_type": 1, ", "pc": { The stock is expected to list on the New York Stock Exchange under the symbol COMP. Keeping an eye on off thousands of employees jordan Grice is RISMedia ’ s associate content editor COMP., Goldman Sachs, and the agents we serve, on this website 's worth keeping eye! Exceeded the mark by $ 270.2 million last year stock Exchange under the ticker symbol COMP... 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