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2021-11-09

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Hertz Stock IPO: 11 Things to Know as HTZ Stock Preps for Nasdaq Uplisting

Hertz(OTCMKTS:HTZZ) stock is heading higher on Monday as the company prepares to uplist its shares t

Hertz Stock IPO: 11 Things to Know as HTZ Stock Preps for Nasdaq Uplisting

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Morgan</b>(NYSE:JPM), and&nbsp;<b>Morgan Stanley</b>(NYSE:MS).</li>\n <li>Additional bookrunners include<b>Barclays</b>(NYSE:BCS) and&nbsp;<b>Deutsche Bank</b>(NYSE:DB) with&nbsp;<b>Guggenheim</b>(NYSE:GOF) acting as co-manager.</li>\n <li>HTZ stock is seeing a decent amount of trading today on the IPO talk.</li>\n <li>That includes some 400,000 shares changing hands.</li>\n <li>For comparison, the company’s daily average trading volume is just above that at roughly 580,000 shares.</li>\n</ul>\n<p>HTZZ stock was up 2.5% as of Monday afternoon and is up 30.6% since its OTC listing in July.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hertz Stock IPO: 11 Things to Know as HTZ Stock Preps for Nasdaq Uplisting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHertz Stock IPO: 11 Things to Know as HTZ Stock Preps for Nasdaq Uplisting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-09 13:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/11/hertz-stock-ipo-11-things-to-know-as-htz-stock-preps-for-nasdaq-uplisting/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hertz(OTCMKTS:HTZZ) stock is heading higher on Monday as the company prepares to uplist its shares to the Nasdaq Exchange as it exits bankruptcy.\nLet’s take a look at what traders need to know about ...</p>\n\n<a href=\"https://investorplace.com/2021/11/hertz-stock-ipo-11-things-to-know-as-htz-stock-preps-for-nasdaq-uplisting/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HTZ":"赫兹租车","HTZZ":"Hertz Global Holdings, Inc."},"source_url":"https://investorplace.com/2021/11/hertz-stock-ipo-11-things-to-know-as-htz-stock-preps-for-nasdaq-uplisting/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163780473","content_text":"Hertz(OTCMKTS:HTZZ) stock is heading higher on Monday as the company prepares to uplist its shares to the Nasdaq Exchange as it exits bankruptcy.\nLet’s take a look at what traders need to know about that news below!\n\nHertz currently offers its shares via theover-the-counter market with the HTZZ stock ticker.\nHowever, it plans to uplist its shares to the Nasdaq this week, which will see it changing over to the HTZ stock ticker.\nTo go along with this initial public offering (IPO) news from Hertz are plans for a public stock offering from certain shareholders.\nThis will see those shareholders unload 37.1 million shares of their stock with a price range between $25 and $29 per share.\nAccording to a press release, Hertz will pay between $250 million and $500 million to repurchase shares from stockholders.\nIt also notes that one of the sellers is offering a 30-day option for underwriters of the offering to buy an additional 5,565,000 shares of Hertz stock.\n\n\nThe lead bookrunning managers for the offering are Goldman Sachs(NYSE:GS),J.P. Morgan(NYSE:JPM), and Morgan Stanley(NYSE:MS).\nAdditional bookrunners includeBarclays(NYSE:BCS) and Deutsche Bank(NYSE:DB) with Guggenheim(NYSE:GOF) acting as co-manager.\nHTZ stock is seeing a decent amount of trading today on the IPO talk.\nThat includes some 400,000 shares changing hands.\nFor comparison, the company’s daily average trading volume is just above that at roughly 580,000 shares.\n\nHTZZ stock was up 2.5% as of Monday afternoon and is up 30.6% since its OTC listing in July.","news_type":1},"isVote":1,"tweetType":1,"viewCount":723,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":26,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}