Houzz, Inc. Valuation To Fall After Latest Filing
Houzz, Inc., a Prime Unicorn Index component, recently filed a new Employee Plan Exemption Notice that went into effect on August 7th, 2024. This new plan specifies a price per share offered to employees of $3.70, which is a 40.6% drop from the company’s previous offering of $6.23 per share. This has led Houzz’s valuation […]
Astera Labs Stock Continues To Fall From Peak
Astera Labs, Inc., a Prime Unicorn Index and Prime Unicorn 30 component, has seen its stock price and valuation fall significantly from its peak of $95.21 per share. After going public in March at $36 per share, Astera’s stock price quickly rose to more than double the initial price, hitting its peak within a week […]
Aurora Solar Acquires Lyra, Internal Valuation Jumps
On July 15th, 2024, Aurora Solar, Inc., a Prime Unicorn Index component, acquired Lyra Solar, a company focused on development and installation of solar power systems for residential and commercial properties. Lyra’s permit packaging software helps solar professionals create permit-ready plans, which will help Aurora reduce costs and complete projects more efficiently. Aurora’s new Employee […]
Q3 2024 Reconstitution Update
The Prime Unicorn Index and Prime Unicorn 30 completed their quarterly reconstitution this week, and in this post, we will highlight the changes to index components. The total component count has increased to 210, with twelve companies being newly added to the Prime Unicorn Index and four companies dropping out. The Prime Unicorn 30 also […]
Consortium Led By Goldman Sachs Invests In Multiple Index Components Via NEA Vehicle
Originally reported by Bloomberg on July 15th, 2024, a group of firms led by Goldman Sachs is investing $540 million into a vehicle created by venture capital firm NEA. The transaction enables NEA to provide liquidity to its partners and gives the investing firms exposure to multiple Prime Unicorn Index components, including Databricks, Plaid, Automation […]
ThoughtSpot Sees Valuation Drop Due To Secondary Market
ThoughtSpot, Inc., a Prime Unicorn Index component, has been marked down due to a secondary market transaction. According to Caplight data, a closed trade in June 2024 was completed at $6.80 per share, which is 73.67% less than their Series F price of $25.83 PPPS. This trade has led to ThoughtSpot’s valuation being slashed to […]
Veho Tech To Lose Its Horn?
On June 19th, 2024, an Employee Plan Exemption Notice went into effect after being filed by Veho Tech, Inc., a Prime Unicorn Index component, back in February. The price per share offered to employees of $4.78 is a 50.2% decrease from the $9.60 per share offered in their previous filing back in 2022, indicating a […]
Anduril Industries Authorizes Series F Up Round
On June 26th, 2024, Anduril Industries, a Prime Unicorn Index and Prime Unicorn 30 component, filed an updated certificate of incorporation authorizing a new Series F round at $21.74 PPPS, a 31.6% increase from the Series E price of $16.52. The round will be co-led by The Founders Fund and Sands Capital, the former having […]
Cerebras Systems Files For IPO And Authorizes Discounted Series F-1
Initially reported by The Information on June 20th, 2024, using data and filings provided by the Prime Unicorn Index, Cerebras Systems Inc. has discreetly filed for an initial public offering with securities regulators. This follows the June 6th filing of an updated certificate of incorporation which authorized a new Series F-1 round at $14.66 PPPS, a […]
Index Update: Latest News on Top 30 Companies
SpaceX’s Fourth Starship Launch is a Success (June 6th, 2024) SpaceX launched their Starship rocket out of southern Texas on Thursday, marking the first successful launch and reentry for the reusable rocket. The previous three flight tests had ended in explosions, but this time the booster landed safely in the Gulf of Mexico while the […]