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National  |  December 15, 2017
Dennis Kaiser
By: Dennis Kaiser

Newmark Group Begins Trading on Nasdaq

Newmark Group, Inc. is now trading on Nasdaq. Company executives visited the Nasdaq MarketSite in Times Square in celebration of its initial public offering (IPO), where to honor the occasion, Chairman Howard W. Lutnick, and CEO Barry M. Gosin, rang the opening bell Friday morning. (Connect Media produced a video that played during the ringing event for Newmark Group.)

Leading up to the launch of trading, BGC Partners, Inc. updated the terms of the IPO of its Class A common stock for Newmark Group. The IPO price is now currently expected to be between $14.00 and $15.00 per share.

Newmark Group has been approved to list its Class A common stock on the Nasdaq Global Select Market under the symbol “NMRK.” Newmark Group is offering 20 million shares of its Class A common stock in the IPO. The underwriters will also have a 30-day option to purchase up to three million additional Class A shares.

Goldman Sachs & Co. LLC, BofA Merrill Lynch, and Citigroup are acting as joint book-running managers for the offering. Cantor Fitzgerald & Co. is acting as a book-runner for the offering.

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Read more at NKFConnect With NKF’s Howard W. Lutnick

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.
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