Connect with us

Hi, what are you looking for?

Jewish Business News


Israeli Cos. Raise $1 Billion On Wall Street In Q1 2014

$1.8 billion was raised in 2013 as a whole and $626.9 billion raised in 2012.

NASDAQ_stock_market_display - Wikimedia Commons

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

Israeli companies have raised $1 billion on the US capital market since the beginning of the year, including offers to sell by shareholders. The precise figure is $844.3 million, but taking into account the secondary offering by Ltd. (Nasdaq: WIX), the planned offering by BioBlast Pharma Ltd. (the only Israeli life sciences company that has not yet held an IPO on the basis of its public prospectus), and if the over-allotment options in the various offerings are exercised, the total amount raised will reach $1 billion.

$1 billion was raised in less than a single quarter, compared with $1.8 billion raised in 2013 as a whole and $626.9 billion raised in 2012.

$1 billion – an amount that highlights the growing bubble in the primary market, which “Globes” wrote about earlier this month in an article entitled “Signs of a bubble”. This bubble is reflected by the fact that Wall Street is swooning before Internet companies, whether profitable or not, and throwing money at them on the basis of optimistic growth forecasts that are almost frightening. This is a bubble that is feeding itself, and may continue to feed itself over the coming year through the negligible Fed interest rate, which has turned the stock market into the most tempting investment instrument.

Here is another sign that might indicate a bubble. Of the twelve Israeli companies that held offerings so far this year, only three have had double-digit yields. All the others are treading water around their offering price, or below it. It is true that a month or two is not enough to test the success of an offering (at least a year is necessary), but it is possible that this sentiment indicates the pin nearing the bubble.

Published by Globes [online], Israel business news – 



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Copyright © 2021 Jewish Business News