What happens when a company that’s been generously funded finally decides to go public? Today, many such companies are opting for a Direct Listing, an alternate path to public ownership that offers some advantages over an IPO to meet these companies’ specific objectives.
The IPO market has boomed this year, building momentum from 2020 as a wave of companies look to tap the public markets. But the manner in which companies are going public has expanded beyond traditional IPOs to SPAC listings and direct listings, such as Coinbase.
The CEO of Grab, a popular app to book taxis, order food and make payments in Southeast Asia, has always been determined to win -- from making his firm the best-funded regional start-up to defeating behemoth Uber Technologies.
For retail investors seeking private-equity type growth and returns in their portfolio, SPACs offer an opportunity to participate in the listing of a private company at the IPO price. While SPACs provide some downside protection, individual investors should be aware of the risks.
Similar to Nasdaq’s historic first quarter for its U.S. exchange, its European markets, with seven exchanges across the continent, welcomed a record 32 listings during the first quarter, representing the most listings during the period in its history.
U.S. budget carrier Frontier Airlines is already making money and flying more than in 2019 before the coronavirus pandemic upended air travel last year, Chief Executive Barry Biffle told Reuters ahead of the company's Nasdaq debut on Thursday.
Announcements of companies going public via SPAC seem to have been hitting the news with such frequency that it is rare for one to get major attention. That can’t be said of the news that WeWork is partnering with the Bow Capital SPAC BowX (BOWX)
There are some signs that we could be headed for a pretty big dip right now, and I am looking in a seemingly unlikely place for confirmation or refutation of that view
Kaltura, which provides live and on-demand video SaaS solutions, announced terms for its IPO on Tuesday.
The New York, NY-based company plans to raise $353 million by offering 23.5 million shares (26% insider) at a price range of $14 to $16. At the midpoint of the proposed range
Altamont Pharma Acquisition, a blank check company targeting the biopharma and medical technology sectors, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.
The Austin, TX-based company plans to raise $100 million by offering 10 million uni
Rocket Internet Growth Opportunities, a blank check company formed by Rocket Internet targeting the tech sector, raised $250 million by offering 25 million units at $10. Each unit will consist of one share of common stock and one-fourth of a warrant, exercisable at $11.50.
The c
Movano, which is developing a wearable device that measures glucose, blood pressure, and heart rate, raised $43 million by offering 8.5 million shares at $5, as expected. The company offered 1.3 million more shares than anticipated. At pricing, the company commands a fully dilute
Compass, which operates an online residential real estate brokerage platform, announced terms for its IPO on Tuesday.
The New York, NY-based company plans to raise $882 million by offering 36 million shares at a price range of $23 to $26. At the midpoint of the proposed range, C
Intermedia Cloud Communications, which provides a cloud-based communication platform for businesses, announced terms for its IPO on Tuesday.
The Sunnyvale, CA-based company plans to raise $300 million by offering 12.2 million shares (17% insider) at a price range of $23 to $26.
Frontier Group Holdings, an ultra low-cost US airline carrier that serves approximately 110 airports, announced terms for its IPO on Tuesday.
The Denver, CO-based company plans to raise $600 million by offering 30 million shares (50% insider) at a price range of $19 to $21. At t
The global market for initial public offerings is on its way to see its biggest-ever first quarter, even as uncertainties are looming around the U.S.-led surge in blank-check listings, per Bloomberg, as quoted on economictimes.
Virgin Group Acquisition II, the second blank check company formed by the Virgin Group, raised $350 million by offering 35 million units at $10. The company offered 2 million more units than anticipated. Each unit consists of one share of common stock and one-fifth of a warr
TB SA Acquisition, a blank check company formed by TowerBrook targeting African companies that promote ESG principles, raised $200 million by offering 20 million units at $10. The company offered 5 million fewer units than anticipated. Each unit consists of one share of comm