KemPharm debuts on Nasdaq with $56 million IPO
Coralville based KemPharm raises 56 million dollars in its initial public offering by selling about 5.1 million shares at 11 dollars each, below the expected 12 to 14 dollar range. The company plans to fund clinical trials and research while pursuing abuse-deterrent drug components for pain medications. Founded in 2006 by Travis and Christal Mickle, KemPharm has posted losses since its 2008 start and reported 2014 expenses of 16.4 million with a 24.5 million net loss. It employs 18 people and operates offices in Coralville Virginia and Florida.
MENTIONED IN THIS ARTICLE
Coralville Pharmaceutical Company
Iowa
KemPharm
KMPH
Securities and Exchange Commission
Travis
Christal Mickle
Coralville
Virginia
Florida
Chivers named publisher of Des Moines Register
David Chivers was named publisher and regional president of U S Community Publishing Group for the Des Moines Register, beginning May 4. He aims to expand the paper’s offerings in new, innovative ways, with prior stints at the Wall Street Journal Barron’s MarketWatch and as chief digital officer at Jostens. Citi reports a 16 percent jump in quarterly profit as costs fall and restructuring proceeds, with first quarter adjusted net income at 4.82 billion dollars and 1.52 dollars per share.
MENTIONED IN THIS ARTICLE
David Chivers
Des Moines Register
Chivers
the Register
U.S. Community Publishing Group
Wall Street Journal
Barron’s
MarketWatch
Jostens
Citigroup Inc
U.S
Citi
Thomson Reuters
Digital tech in grocery aisles gains ground in Wisconsin
In Horicon Wisconsin Mike Hansen uses a Pigley Wiggly app from Fetch Rewards Inc to save money and earn loyalty points while shopping. Grocers adopt food tech startups like GrocerKey to move more transactions online, with venture capital backing exceeding one billion dollars.
MENTIONED IN THIS ARTICLE
Milwaukee Journal Sentinel
Mike Hansen
Mayville Piggly Wiggly
Mayville
Wis
Horicon
Wisconsin
Hansen
Piggly Wiggly
Fetch Rewards Inc
Madison, Wis
Jeremy Neren
GrocerKey Inc
Madison
Neren
Grocery Startups Focus on Madison Based Grocers
Three Madison startups pursue grocery retail via apps and online tools. Fetch Rewards builds a shopper app nearing store rollout. GrocerKey aids stores with online sales and local delivery. ePinpoint offers Data Check Pro for expiry tracking and Taskle for task checklists. Instacart, valued at $2 billion after a $220 million raise, signals competitive venture backing.
MENTIONED IN THIS ARTICLE
Madison
2 Fetch Rewards Inc
GrocerKey Inc
E Pinpoint Software Inc
Taskle
Fleck Sales to Acquire Wolfe Beverage in Quad Cities
Fleck Sales Company buys Wolfe Beverage Company of the Quad Cities with terms undisclosed and a expected close in early June. The deal, Fleck’s seventh Iowa acquisition, will raise its Iowa counties served to 25 and project combined revenue over 70 million. Wolfe founded 1979 by Robert Wolfe and distributes to three eastern Iowa counties.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Wolfe Beverage Company
Fleck Sales
Iowa
Wolfe
Robert Wolfe
Adolph Coors
Miller Brewing Company
Fleck
Sy Bean
the Gazette
Logan Wieneke
Also Mentioned on This Page
Wall Street
Chivers New Publisher
D.M. Register
Citigroup
Des Moines Register, Reuters
Fotal
Jean Vollmer
Johnsonville
CB Insights
Instacart Inc
San Francisco
Forbes Magazine
America
Fetch
Wes Schroll
Schroll
Amazon
Target
Wal-Mart
John Philosophes
Great Oaks Venture Capital LLC
Quad Cities
Dudley Fleck
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