UT Token

2021-06-24 20:01:23 New pre-IPO futures. Trax Retail: AI technologies for retailers

By our estimates, Trax Retail shares (the underlying asset of the futures) will grow by 150% ahead of its IPO.

Trax develops computer vision technologies for the retail industry. By scanning merchandise with a mobile app and cameras installed in stores, retailers can optimize allocation of products on shelves and predict future demand. The company also offers brands software that improves in-store marketing.

Trax dominates its market segment and was named one of the fastest growing technology companies on the Deloitte Technology Fast 500 list.

Over 10 funding rounds, the company has raised more than $1 billion from investors. Its current value in the over-the-counter market is $2.5B. Given the average P/S 25x for high-growth tech companies and Trax Retail’s large market size, the projected value of the company at IPO is $5-7B.

Read how pre-IPO futures work and what their advantages are. Open / Comment

2021-06-17 19:43:37 New pre-IPO futures. StoreDot: extra-fast charging batteries

By our estimates, StoreDot shares (the underlying asset of the futures) will grow by 200% ahead of its IPO.

StoreDot develops next-generation batteries that allow you to charge electric cars, drones and smartphones ten times faster. In 2014, a StoreDot battery recharged a smartphone in just 30 seconds. This year the company released the first batch of batteries capable of recharging electric vehicles in just 5 minutes.

StoreDot product is in high demand at least in three major industries: electronics, avionics (aircraft electronic equipment), and electric vehicles production. Electric vehicles could replace 20% of the world's traditional vehicles by 2030. The growth of this market is directly dependent on the mass production of ultra-fast recharge batteries.

StoreDot has raised $158 million in 8 funding rounds, its last round Series C in May 2018 valued the company at $400 million. British Petroleum, Daimler AG, Samsung Ventures, Singulariteam and Roman Abramovich's fund have invested in the company.

StoreDot’s OTC valuation — $600 million. According to Israeli edition Calcalist, StoreDot began merger talks with a SPAC at a valuation of $3.5 billion.

Read how pre-IPO futures work and what their advantages are. Open / Comment

2021-06-10 10:36:46 Tomorrow, June 10, 9 a.m. to 10 a.m. (MSK) the trading exchange's core will undergo an update. During the update, UTEX's main services (trading, wallets, etc.) will be out of order. We will let you know immediately after the exchange is fully restored. Open / Comment

2021-06-09 18:38:14 Tomorrow, June 10, 9 a.m. to 10 a.m. (MSK) the trading exchange's core will undergo an update. During the update, UTEX's main services (trading, wallets, etc.) will be out of order. We will let you know immediately after the exchange is fully restored. Open / Comment

2021-06-09 14:56:55 Automation Anywhere Pre-IPO stock +20%

The stock price for Automation Anywhere (the underlying asset for the futures) is now $30, up 20% compared to its previous price.

Automation Anywhere’s Automation 360 platform enables you to create your own software bots to automate any business process. In May 2021 it became generally available on Google Cloud.

Following its rival UiPath’s IPO, Automation Anywhere chose to strengthen its management team. James Budge is the company's new chief financial officer and Mike Micucci is new chief operating officer. Budge previously prepared three companies for their IPOs and Micucci led Salesforсe.сom Inc.’s Commerce Cloud and Community Cloud businesses.

You can fix your profit or buy Automation Anywhere pre-IPO futures through UTEX.

Read how pre-IPO futures work and what their advantages are. Open / Comment

2021-06-04 16:21:26 Pre-IPO FiscalNote +51%

FiscalNote’s stock in the over-the-counter market rose to $21.8. It is the underlying asset for the futures which trades on the UTEX trading exchange.

FiscalNote provides a big data analytics platform for government affairs professionals to help manage key issues and track legislation. It allows users to predict the probability of government actions and laws passing, track campaigns, quickly gather and sort through bills from thousands of agencies. Its latest funding round last month valued the company at $1.4 billion.

You can fix your profit or buy FiscalNote pre-IPO futures through UTEX. Open / Comment

2021-06-01 19:48:04 Pre-IPO Cohesity +11%

Cohesity’s stock price, the underlying asset for the futures, which is traded on the UTEX trading exchange, is now $30, up 11% in the over-the-counter market.

Cohesity consolidates backups, archives, file shares, object stores, dev/test and analytics - on one web-scale platform.

Cohesity's share price growth is due to a 90% increase in its revenue in Q1 2021 as compared to the same period in 2020. Its customer base increased by 50%. In mid-March Cohesity announced that its DataProtect backup as a service platform would become available in Australia and New Zealand.

You can fix your profit or buy Cohesity pre-IPO futures through UTEX.

Read how pre-IPO futures work and what their advantages are. Open / Comment

2021-05-20 20:10:15 New pre-IPO futures. Eat Just: artificial eggs and lab-grown meat maker

We expect the value of Eat Just shares (the underlying asset of the futures contract) to grow by more than 200% before the company will go public.

Eat Just is known for its mung bean-based egg substitute. Company’s products are sold in more than 20,000 U.S. retail outlets and 1,000 food service locations, as well as delivery services. Also, last year Eat Just received first of its kind approval from Singapore authorities to sell its lab-grown chicken meat.

Overall, Eat Just has raised nearly $800M. Its last round this March valued the company at $1.35B. The current value in the private market is $1.5B.
CEO Josh Tetrick expects the company to achieve operating profitability later this year. Sometime after the management will look into its multiple options to enter public markets.

Read more on the advantages of pre-IPO futures and how they work. Open / Comment

2021-05-13 19:42:19 ​​ Pre-IPO Zipline: drones for medical supplies deliveries

Futures on Zipline pre-IPO stocks began trading on the UTEX exchange. By 2022, the value of its underlying asset could more than double.

Founded in 2014 in Silicon Valley, Zipline has developed the first autonomous delivery system for vital medical supplies.

Zipline created Zip, a small autonomous airplane that can carry vaccines, medicine, or donor blood. The company already has several major government and corporate customers in the U.S., Japan, Ghana and Rwanda.

Zipline has raised a total of $533 million from dozens of investors including Techstars, Sequoia Capital, Google Ventures, Goldman Sachs. Its current valuation is $3.5 billion. The next funding round expected in 2022 may put the value of the company in the range of $6 to $8 billion. Open / Comment

2021-04-30 14:18:41 Our customer service schedule for May holidays

May 1st and 9th — weekends.

May 2-8 and 10 from 15:00 to 23:00 (UTC+3).

Otherwise, you can contact our support team 24/7 by email at help@utex.io or via Telegram bot @utex_help_ru_bot.

Have a good weekend! Open / Comment