ExamWorks, SeaCube IPOs Raise Less Money Than Sought
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ExamWorks Group Inc. and SeaCube Container Leasing Ltd. raised less than the maximum sought in their initial public offerings, while First Wind Holdings Inc. pulled its sale even after lowering its price by 31 percent.
ExamWorks, the Atlanta-based provider of medical legal services, raised $165 million selling shares at the low end of its range, data compiled by Bloomberg show. SeaCube, a container leasing company based in Park Ridge, New Jersey, completed its IPO after reducing the asking price 44 percent. First Wind of Boston postponed a $240 million IPO scheduled for yesterday because the terms that investors wanted were “not attractive,” according to Chief Executive Officer Paul Gaynor.