On July 28, 2021, Preston Hollows announced it was postponing its plans to have an IPO on the Nasdaq. Here's what we know about the IPO so far and how to buy Preston Hollows stock.
On July 6, 2021, Preston Hollow Community Capital—which provides specialized financing solutions for socially and economically impactful community projects in the US—filed a prospectus with the US Securities and Exchange Commission (SEC) to go public. You can view a more recent version of the document here.
It had planned to offer 10.5 million stocks on the NYSE under the ticker symbol "PHCC." Altogether, Preston Hollow had hoped to raise around $199.5 million from the IPO. Stocks were expected to begin trading around July 28, 2021.
On July 28, Preston Hollow announced it was postponing the IPO. It has not yet announced a future IPO date. We'll update this page as more information becomes available.
Once Preston Hollow Community Capital goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy Preston Hollow Community Capital stock.
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