RNC

AUGUST 22, 2023

Equity valuation holds significance. However, like any tool, equity valuation models present their fair share of challenges and limitations. In this blog post, we will delve into the balance, between precision and practicality, in equity valuation. Discuss strategies to overcome these hurdles.

Discounted Cash Flow 52

Discounted Cash Flow Equity Equity Financing Business Valuation 52

Lighter Capital

JULY 22, 2023

The SaaS market is exploding — the market’s estimated worth is approximately , $197 billion in 2023 and expected to reach $232 billion next year. Equity funding has its downsides, too — for many founders, it’s , not worth diluting equity and ceding control of the business for a few million dollars of runway.

Finance 98

Finance Equity Equity Financing Banking 98

Benzinga

MARCH 17, 2023

The combination also provides access to new specialty products and ESG-linked end markets such as nuclear, energy recovery and electrification. As a result of Chart's cash on hand and the debt and equity financings, the purchase price was paid solely in cash and no preferred stock was issued (to KPS or otherwise).

Equity Financing 52

Equity Financing Finance Equity Marketability 52

Harvard Corporate Governance

APRIL 29, 2022

Liability for Non-Disclosure in Equity Financing. The Corporate Calendar and the Timing of Share Repurchases and Equity Compensation. Tags: Equity-based compensation , Executive Compensation , Incentives , Long-Term value , Repurchases. Posted by Albert H. Choi (University of Michigan) and Kathryn E. Roy, William T.

Equity Financing 191

Equity Financing Equity Compliance Technology 191

Benzinga

JULY 26, 2023

In addition, Proton is considering an equity financing (either brokered, non-brokered or both) in the context of the market in connection with the Qualifying Transaction, to be completed in conjunction with, or after, the Qualifying Transaction (the " Potential Financing ").

Finance 40

Finance Equity Financing Equity Marketability 40

Andrew Stolz

AUGUST 6, 2020

The optimal capital structure of a firm is the right combination of equity and debt financing. It allows the firm to have a minimum cost of capital while having the maximum market value. The lesser the cost of capital, the more the market value of the company. Cost of equity . Cost of debt.

Capital Structure 52

Capital Structure Debt Financing Equity Financing Finance 52

Lighter Capital

JULY 20, 2023

Growing on your own steam may sound like a risky bet — providing an open window for competitors to overtake you in the market — but even in the tech industry, first-mover advantages are short-lived. But what do you do when you need to extend your startup’s runway so you can scale quickly and capture more of the market?

Debt Financing 52

Debt Financing Finance Equity Equity Financing 52

Benzinga

APRIL 22, 2024

per RGD common share, an estimated Transaction equity value of $875 million, based on the closing price of GMIN common shares on the Toronto Stock Exchange (" TSX ") on April 19, 2024, excluding the value of the SpinCo consideration. La Mancha also intends to purchase up to an additional US$10 million of GMIN shares in the open market.

Equity Financing 40

Equity Financing Start-ups Equity Finance 40

Benzinga

JANUARY 5, 2023

All current shareholders including Mastercard and Reliance Capital Management (RCM) will roll over 100 percent of their equity. Yorkville Advisors Global has committed to $100 million of equity financing, including pre-paid advance of up to $30 million in three tranches. NEW YORK, Jan. Full story available on Benzinga.com.

Banking 40

Banking Equity Financing Equity Finance 40

Equilest

JANUARY 8, 2023

Modigliani-Miller Theorem in the no-tax world states that the value of a firm is independent of its capital structure, meaning that the mix of debt and equity used by the firm has no effect on its overall value. . . . Firm A has a higher proportion of debt financing, while Firm B has a higher proportion of equity financing.

Weighted Average Cost of Capital 40

Weighted Average Cost of Capital Business Valuation Capital Structure Debt Financing 40

Andrew Stolz

AUGUST 6, 2020

The basic theory assumes a perfectly efficient market, without issues of taxes and other financial costs. The first proposition of the M&M says that the value of leveraged firms (capital structure with a mix of debt and equity) and unleveraged firms (capital structure with only equity) are the same. re = ra + D/E (ra – rd).

Debt Financing 52

Debt Financing Capital Structure Equity Finance 52

Cooley M&A

JANUARY 19, 2023

The Excise Tax generally applies to the fair market value of stock repurchased in a taxable year, net of the fair market value of stock issued in the same taxable year, with certain modifications. This post highlights key guidance from the Notice as it relates to common M&A and capital market transactions.

Fair Market Value 52

Fair Market Value Marketability Treasury Dividends 52

Valutico

APRIL 17, 2023

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. These costs are then combined into a “weighted average” which represents the overall cost of financing a business.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Discounted Cash Flow Beta Risk-free Rate 52

Valutico

APRIL 17, 2023

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. These costs are then combined into a “weighted average” which represents the overall cost of financing a business.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Discounted Cash Flow Beta Risk-free Rate 52

Valutico

APRIL 12, 2023

Determining a company’s “Cost of Capital” is vital in corporate finance and valuation, and the Weighted Average Cost of Capital (WACC) provides a specific way of doing so. These costs are then combined into a “weighted average” which represents the overall cost of financing a business.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Discounted Cash Flow Beta Risk-free Rate 52

Benzinga

JUNE 30, 2023

On June 27, 2023, the Company submitted an enhanced proposal to combine with Stratasys in a transaction that would reward Stratasys shareholders with a package of stock and cash consideration, representing a market value of $20.84 per Stratasys share as of the close of trading yesterday.

EBITDA 40

EBITDA Equity Financing Technology Finance 40

Reynolds Holding

JUNE 21, 2023

Since 2000, of the total number of private firms that have gained access to the equity markets for the first time, more have done so through acquisition by another firm (public or private) than through an initial public offering (IPO). An important factor in the private firm’s exit choice is competition in the product market.

Marketability 59

Marketability Finance Equity Equity Financing 59

Musings on Markets

NOVEMBER 10, 2022

It is in pursuit of answering these questions that accountants generate financial statements, and the three most basic are: The balance sheet , which summarizes what a firm owns and owes at a point in time, as well as an estimate of what equity is worth (through accounting eyes).

Finance 74

Finance Start-ups Equity Equity Financing 74

Value Scout

MAY 1, 2023

By lowering the equity-financed portion of cash, we can lower the most expensive portion of the COC. It results in consistent destruction of capital and business risk increases, resulting in lower business value over the book assets and equity. With a ROA of 10 percent, the company loses money on invested capital.

Equity Financing 52

Equity Financing Equity Finance Marketability 52

Brian DeChesare

AUGUST 10, 2022

Oil & Gas Investment Banking Definition: In oil & gas investment banking, professionals advise companies that search for, produce, store, transport, refine, and market energy on raising debt and equity and completing mergers and acquisitions. Downstream: 31 (mix of everything, but no private equity activity).

Banking 82

Banking EBITDA Dividends Equity 82

Benzinga

DECEMBER 13, 2022

that will be completed concurrently with Midatech's acquisition of Bioasis (the " PIPE ", and together with the Registered Direct Offering, the " Midatech Financing "). The combination of Bioasis and Midatech will create a multi-asset rare and orphan disease company that will be renamed Biodexa Pharmaceuticals PLC (" Biodexa ").

Technology 40

Technology Finance Equity Financing Equity 40

Lighter Capital

APRIL 17, 2024

In the fast-paced tech world, startups and equity dilution are nearly inseparable. Cash-strapped founders can use their equity to raise capital, compensate advisors, and attract the talent they need to turn a clever idea into a successful business. These days, equity capital is as expensive as it is elusive.

Equity 52

Equity Finance Debt Financing Start-ups 52

Cooley M&A

FEBRUARY 1, 2024

Carve out tech acquisitions also continued to be attractive to strategic and private equity buyers, with GTCR’s acquisition of a majority stake in Worldpay from FIS for up to $18.5 Private equity activity accounted for only 27% of tech M&A in 2023, a six-year low (and a substantial decrease from the 2021 record of 36%).

Equity 59

Equity Finance Marketability Start-ups 59

Valutico

JUNE 14, 2023

Financing Activities: While financing activities, such as debt repayments, issuance of new debt, or equity financing, do not directly affect the calculation of free cash flow, they can influence the overall cash position of a company and thereby its financial health and strategic decisions.

Dividends 52

Dividends Discounted Cash Flow Finance Intangible Assets 52

Cooley M&A

OCTOBER 4, 2023

In the current market environment, however, we have observed that an increasing number of companies and their boards are actively progressing (or taking steps to formulate a plan for exploring) multiple alternatives at the same time.

Equity 52

Equity Finance Equity Financing Marketability 52

Benzinga

AUGUST 18, 2023

Medical Properties Trust Inc (NYSE: MPW ) has sold $105 million of its interest in Steward Health Care System's new syndicated asset-backed credit facility. The stake was sold to a global asset manager with more than $100 billion in assets under management. "MPT's participation enabled Steward to close on this.

Equity Financing 52

Equity Financing Finance Equity Marketability 52

Benzinga

MAY 10, 2023

Harbor Custom Development Inc (NASDAQ: HCDI ) shares are soaring after Kitsap Community Resources waived all contingencies in the sale of Mills Crossing townhomes in Bremerton, Washington. Kitsap has also released their $400,0000 of non-refundable earnest money to. Full story available on Benzinga.com

Equity Financing 52

Equity Financing Finance Equity Marketability 52

Benchmark Report

JULY 1, 2022

First, the financing needs to be raised with consideration of the company's operating cash flows. For example, if the business uses debt financing, it should have sufficient funds to cover the interest and repay the debt. When raising money to fund mergers and acquisitions, there are several ways that capital can be sourced.

Debt Financing 52

Debt Financing Finance Equity Financing Banking 52

Reynolds Holding

JUNE 8, 2023

The concentration of uninsured deposits, particularly at mid-sized and regional banks (sometimes as high as 90%), will likely keep liquidity demand elevated and markets attentive to any sign of deposit flight. Continued high interest rates may adversely affect the commercial real estate sector and the mid-sized banks that lend to it.

Banking 40

Banking Equity Private Equity Firm Marketability 40

Reynolds Holding

JANUARY 3, 2024

On December 20, 2023, the UK Financial Conduct Authority (“FCA”) published a detailed consultation paper proposing major reforms to the UK listing regime with particularly significant implications for listings of equity shares in commercial companies. The issuer must have a market capitalisation of at least £30 million.

Equity 45

Equity Marketability Start-ups Equity Financing 45

Benzinga

MARCH 27, 2024

million common shares as part of the Transaction, representing an equity value of approximately US$276 million on a fully diluted in-the-money basis, and an enterprise value of US$516 million. Total consideration includes C$0.34 Alamos expects to issue approximately 20.3

Equity Financing 40

Equity Financing Enterprise Value Dividends Finance 40

Benzinga

NOVEMBER 2, 2022

during the third quarter 2022 and on a trailing twelve-month basis, respectively, demonstrating the continued strength of leasing demand and the below market rents that are embedded within the portfolio. million of undrawn forward equity, the net debt to annualized adjusted EBITDA ratio would be 6.0x. Proforma for the $14.0 million.

Dividends 52

Dividends Equity Net Debt Finance 52

Reynolds Holding

FEBRUARY 1, 2023

Most notably, the IPO market for tech companies (and generally) ground to an almost complete halt, with the number of tech companies raising at least $1 billion in their IPOs falling from twelve in 2021 to zero in 2022 and major anticipated IPOs, such as those of Instacart and WeTransfer, shelved for the foreseeable future.

Finance 45

Finance Equity Technology Banking 45

Reynolds Holding

APRIL 21, 2022

Of most importance for financial institutions, the identified categories also include downstream activities such as “investments” (Category 15 of the GHG Protocol’s Scope 3 emissions categories), which would capture financed emissions ( i.e. , emissions from companies to which the financial institution provides debt or equity financing).

Finance 45

Finance Banking Compliance Equity 45