IPOs

Hi, I’m Nora, Pinnora’s animated guide.

An IPO is when a company offers its shares to the public for the first time.

In this video, you’ll learn how to subscribe to one in Pinnora.

We’ll find the offerings, read an offering’s page,

subscribe by the dollar, and see what happens next.

On Home, the filters along the top choose what you see.

Swipe them along, and tap “IPO”.

The card at the top becomes your IPO Balance:

the value of the offerings you hold. Right now, that’s zero.

Below it, the Pinnora IPO centre lists the offerings.

Each one shows its price range,

and whether it’s open now, or upcoming.

An open offering shows how many days are left,

and how full it is so far.

An upcoming one shows the date it opens.

Tap an open offering to see its page. Here,

it’s Helio Grid Energy.

At the top is the offer price.

That’s the price you buy at.

Instead of a chart, you see the offer price range,

whether it’s open, and when it closes.

An offering has no price history yet.

It gets a chart once it starts trading.

When you’re ready to subscribe, tap “Buy”.

Subscribing works just like buying a share.

The sheet shows the offer price,

and the amount you want to put in, in US dollars.

Tap a quick amount, or type your own. Just under it,

you see roughly how many shares it buys.

We’ll put in $100. You buy by the dollar,

so you can own part of a share.

To subscribe, press and hold the “Hold to confirm” button for one second.

If you let go early, nothing is bought.

So, let’s press and hold.

“Order placed”. Your $100.00 bought Helio Grid Energy shares,

at the offer price.

Tap “Done”. A short message confirms the order,

and the offering’s page now shows what you hold, and the purchase.

The shares go into your trading account.

Back on Home, your IPO Balance now shows $100.00.

Swipe the cards, and the offering has a card of its own,

with the shares you hold, and its status.

And it’s at the top of your recent IPO transactions, marked “Completed”.

You also get a notification. Tap the bell to see it.

The new one has a red dot.

It names the offering, how many shares your money bought,

and the offer price.

Tap “See all” to open your Transaction history.

Like every purchase, it’s there,

with its amount and status.

Good to know. The money comes from the cash in your trading account first,

then from your funding wallet.

If you ask for more than you have,

the sheet tells you how much cash you’ve got,

and “Hold to confirm” stays off.

And remember, an offering is an investment.

Once its shares start trading,

their price can go down as well as up.

Now you know how to subscribe to an IPO.

Tap “IPO” on Home to see what’s on offer.

Open an offering to check its price range, status and dates.

Choose an amount in dollars. You buy at the offer price.

Press and hold for one second to subscribe.

Then find it in your notifications, your history,

and on your IPO card.

Need help? Chat with us in the app,

or e-mail helpdesk@mypinnora.com.

Thanks for watching. See you next time.