Interested in investing in Loyal3 IPOs? Too bad, looks like we’ve seen the last of them. But perhaps this is the IPO platform of the future.
LATEST: The Death of LOYAL3
Updated 04/18/2017: An email from Loyal3 indicates the company is offloading customer accounts and shutting its doors. A new platform called FolioFirst will be created specifically for Loyal3 customers.
Can’t say I’m surprised. This was a tricky business model from the start. The lack of IPOs may have been the canary in the coalmine. Perhaps Robin Hood was the nail in the coffin. Or maybe it was doomed when CEO Barry Schneider was ousted.
We basically have a month to transfer accounts to another broker or sell everything. If not, customers accounts will be moved to a new FolioFirst platform designed for Loyal3 customers, presumably owned by Folio Investing of McLean, Virginia.
Check back later for more. Hope to have an update on the blog tomorrow.
What’s almost certain, is the Loyal3 style of IPOs are gone forever. But don’t be too sad about it, there’s a better IPO investing platform in the works.
Update 03/23/2017: 2017 hasn’t been the explosive IPO year everyone was hoping for. Very little activity since the Snap IPO. Snap sadly left us completely out of the picture. Loyal3 is on quite a dry spell, which makes me wonder if they’re truly adding value to the underwriters and offering companies.
I’ve created a new featured called Fact Sheets for high-profile IPOs expected in the next year or two. Check it out in the top right portion of the main menu. More fact sheets to come.
And definitely check out ClickIPO.com to learn about an exciting new platform expected to launch this year.
Did you miss out on the At Home IPO? Access IPOs email subscribers were alerted 6 days prior to the opportunity!
Loyal3 has created a new venue for individual investors to invest in IPOs and Follow-Ons offerings at the same price as Wall Street. Historically, IPOs can only be accessed by the big Wall Street banks and their best customers. But Loyal3 IPOs is committed to, as they say, “Putting the Public Back Into IPOs™”.
See below for a history of Loyal3 IPOs that were previously available on the platform, and any upcoming IPOs known to be in the pipeline. Also included is the stock performance since the company became public.
If you know about an upcoming IPO that will be available that isn’t listed here, please contact me and I’ll add it.
It’s most efficient to open an account and buy your first stock, so you’ll be set-up for upcoming IPO offerings. This makes it easy to link your bank, and you’ll already be familiar with the system.
Aside from IPOs, Loyal3 is a platform to buy stocks in the companies you love. It’s commission free to buy or sell stock. You only need $10 to start buying stocks. Click the link below to learn more.
Future IPOs will be available to the public through Loyal3. To be able to access them, you need to be a Loyal3 customer to be informed of when new offerings are available.
You can also follow their Twitter feed for the most recent developments. However, the Twitter account has been less active in recent months.
With that, here is a chronological list of the Loyal3 IPOs offered to date. If information becomes available for upcoming IPOs available on Loyal3, I’ll list them here as well. Please bookmark this page and check back frequently for the latest.
Note: The AtHome price feed is not populating via Google Finance.
Previous and Upcoming Loyal3 IPOs
Below is a list of various articles associated with the above listed Loyal3 IPOs.
TRUP IPO: Pet-Insurer Trupanion Sees IPO Pop
STOR IPO: STORE Capital IPO: SEC Filing 11/05/2014
GDDY IPO: Read the GoDaddy IPO Prospectus here
GLOB Follow-On: Read the Globant Follow-On Prospectus here
TDOC IPO: Teladoc Sees IPO Price of $15 – $17/Share.
Thanks for reading and subscribing to Accessing IPOs. Check back here frequently for the latest news about Loyal3 IPOs.
Disclosure: As of 09/30/2016, the author does not own shares in any companies mentioned on this page.