Insights into Financial Offerings and Market Trends
Gain valuable insights into ATM offerings, common stock trends, market capitalization, and healthcare sector popularity based on data from 2009-present. Discover the key statistics, including average placement agent fees and gross proceeds, shaping the financial landscape.
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Presentation Transcript
Presented by, Sara LaFever Research Systems Presented by, Sara LaFever Sagient Sagient Research Systems
ATM (At the Market) Offering Common Stock 76 76 102 102 55 55 Common Stock - CMPO/Overnight Offering Common Stock - Rights Offering/Reset 29 29 Common Stock - Shelf Sale (Registered Direct) Convertible - Fixed 264 264 157 157 Convertible - Floating/Reset/Company Installment Non-Convertible Debt/Preferred Stock 86 86 89 89 21 21 Structured Equity Line
125 125 100 100 105 105 104 104 81 81 75 75 50 50 30 30 25 25 0 0 2012 (YTD) 2011 2010 2009 2012 (YTD) 2012 (YTD) 2011 2011 2010 2010 2009 2009 Only 1 ATM in 2006 Popularity rose 2009 Exploded in 2010 Continues to expand *Based on Closing dates
30 30 REITS 17 17 Healthcare 24 24 131 131 Energy 45 45 Financial Industrial 78 78 Other Healthcare includes Biotech & Pharma Energy includes Oil & Gas, Pipelines Financial includes Banks, Closed-end Funds, Diversified Financial Services, Investment Companies Industrial includes Electronics, Transportation, Engineering Other includes Utilities, Technology, Mining, Communications * Data from 2009-present
203 203 REITS Healthcare 1623 1623 1297 1297 Energy Financial Industrial Other 479 479 445 445 406 406 *Data from 2009-present
Market Cap Market Cap 90 90 80 80 83 83 70 70 71 71 60 60 50 50 49 49 40 40 44 44 30 30 33 33 20 20 22 22 18 18 10 10 0 0 Under 100M Under 100M 100M-500M 100M-500M 500M-1B 500M-1B 1B-2B 1B-2B 2B-5B 2B-5B 5B-10B 5B-10B Over 10B Over 10B Most ATM issuers are in $100M-$500M range
345 ATMs YTD:102 CMPOs YTD: 89 CMPOs tend to be popular in the healthcare sector 340 343 343 335 330 325 320 321 321 315 310 CMPO CMPO ATM ATM *Data from 2009-present
Average Placement Agent Fees Average Placement Agent Fees Average Sum of Gross Proceeds Average Sum of Gross Proceeds Average Commitment Amount Average Commitment Amount ATM 2.54% $46,741,445.65 $140,109,207 CMPO 5.65% $48,575,205.68 N/A *Data from 2009-present
Ranking Ranking Placement Agent Name Placement Agent Name Deal Count 50 Deal Count 1. 1. Bank of America Merrill Bank of America Merrill Lynch Lynch 47 2. 2. Cantor Fitzgerald & Company Cantor Fitzgerald & Company 38 34 3. 3. MLV & Co. MLV & Co. LLC LLC 4. 4. Wells Fargo Securities, LLC Wells Fargo Securities, LLC 25 5. 5. Deutsche Bank Securities, Inc. Deutsche Bank Securities, Inc. 24 6. 6. Citigroup Global Markets, Inc. Citigroup Global Markets, Inc. 21 20 19 7. 8. 7. 8. J.P. Morgan Chase & Co. Morgan Stanley J.P. Morgan Chase & Co. Morgan Stanley 9. 9. KeyBanc KeyBanc Capital Capital Markets Markets 17 10. 10. UBS Securities UBS Securities LLC LLC *Data from 2009-present
