Category: IPO
-
Newsmax plans an IPO | Fortune
•
Ten years after its launch on cable networks, conservative news channel Newsmax is heading to the stock market. Newsmax Inc. has confidentially filed an initial public offering with the Securities and Exchange Commission, the company Announced this weekThe company hopes to raise $75 million and plans to trade on the…
-
Klarna slashes 1,000 jobs as AI reshapes business ahead of IPO
•
Klarna, a leading “buy now, pay later” fintech, has cut more than 1,000 jobs as part of a strategic shift towards artificial intelligence, with more cuts expected ahead of a potential initial public offering. The Swedish fintech, which booked a loss of SEK2.33bn (£173m) in bad loans in the first…
-
Japanese crypto exchange Bitbank eyes IPO on Tokyo Stock Exchange
•
Cryptocurrency exchange Bitbank is preparing for an initial public offering on the Tokyo Stock Exchange, becoming the second Japanese crypto exchange to seek regulatory approval for an IPO. Bitbank Inc., a Japanese cryptocurrency exchange, is looking to go public as part of its strategy to expand its market presence and…
-
Japanese crypto exchange Bitbank eyes IPO on Tokyo Stock Exchange
•
Cryptocurrency exchange Bitbank is preparing for an initial public offering on the Tokyo Stock Exchange, becoming the second Japanese crypto exchange to seek regulatory approval for an IPO. Bitbank Inc., a Japanese cryptocurrency exchange, is looking to go public as part of its strategy to expand its market presence and…
-
Defense IT co TSG raises NIS 62m in TASE IPO
•
TSG Group, which makes advanced IT systems for the defense industry, raised NIS 62 million in an initial public offering on the Tel Aviv Stock Exchange (TASE) at a valuation of NIS 462 million, post-money. TSG is equally owned by Israel Aerospace Industries and Formula Systems (TASE: FORTY) and is…
-
Fidelity, Nomura line up bids for Ola Electric’s India IPO, sources say By Reuters
•
Written by Aditya Kalra NEW DELHI (Reuters) – The initial public offering of Indian e-scooter maker Ola Electric, backed by SoftBank, will attract bids from investors including Fidelity, Nomura and Norway’s Norges Bank as well as several Indian investment funds, two sources familiar with the matter told Reuters. Ola Electric,…
-
Wall Street Expert Sees 20x Potential In Ripple Via XRP And IPO
•
at recent days Power pointLinda B. Jones, a former Wall Street financial expert and author of “3 Steps to Quantum Wealth: A Rich Heiress’s Guide to Financial Freedom Through Cryptocurrency Investing,” outlined her bullish outlook for Ripple, drawing on a valuation comparison with Coinbase and the potential of XRP. Why…
-
Ripple CEO Talks IPO Plans, Competition Strategy Vs. SWIFT
•
in interview In an interview with Fortune’s Andrew Noska, Ripple CEO Brad Garlinghouse provides an overview of the company’s strategic roadmap, its cautious approach to an initial public offering (IPO), and Ripple’s competitive advantage over the traditional SWIFT network. Ripple IPO is not on the table right now Garlinghouse was…
-
Northern Data, European Bitcoin Miner, Explores IPO for US AI Unit (Report)
•
Northern Data AG, a German high-performance computing infrastructure company, is evaluating the possibility of launching an initial public offering (IPO) in the United States for its cloud computing and data center units. The potential value of this IPO could reach $16 billion. According to According to Bloomberg News sources. Northern…
-
Northern Data Weighs AI Unit US IPO at Up to $16 Billion Value
•
Breadcrumbs Path Links PMN Business Northern Data AG is talking to potential advisers about a U.S. initial public offering of its combined artificial intelligence, cloud computing and data center businesses that could fetch a valuation of as much as $16 billion, according to people familiar with the matter. Article author:…
-
IPO roundup: WEBTOON Entertainment, LandBridge, and more (NYSEARCA:IPO)
•
June 24, 2024 at 10:00 AM ETRenaissance IPO ETF (IPO), SBXD.U stock, AGH stock, FVNNU stock, ZJK stock, ARDT stock, NB stock, LB stock, WBTN stock, OSTX stock, LSH stock, WOK stock, ICON stock, GLE stock, ACTU stock , MJID stock, NB:CA stockby: Nilofer Sheikh, SA News Editor SB/iStock via…
-
Fortissimo plans TASE IPO for Sugat
•
Israeli private equity firm Fortissimo Capital The company, run by its founder Yuval Cohen, plans to float shares in a food manufacturing company injury. Since its acquisition of Sugat, Fortissimo has strengthened the company. Fortissimo, which last month completed the acquisition of telecommunications company Celcom, recently held a series of…
-
Kraken Seeks over $100M Funding Ahead of Potential IPO: Report
•
Cryptocurrency exchange Kraken is seeking more than $100 million ahead of a potential initial public offering (IPO), Bloomberg reported. The cryptocurrency exchange, founded in San Francisco in 2011, has long discussed going public. The move is said to be fueled by increased investor interest and a notable relaxation of regulations…
-
Kraken Bolsters IPO Ambitions With Plans Of A Massive $100 Million Funding Injection
•
US-based cryptocurrency exchange Kraken is reportedly considering a final funding round as it explores the possibility of an initial public offering (IPO), according to sources familiar with the matter. The stock exchange has received inquiries from potential investors amid the current rise in the stock market Digital assets market. Kraken…
-
Kraken Is Targeting An IPO Next Year: Report
•
Kraken, one of the oldest and largest cryptocurrency exchanges in the United States, is organizing a major funding round ahead of a potential initial public offering next year, according to a new report from Bloomberg. The sources contacted by the platform say that the exchange likely aims to raise $100…
-
Analysis-Red tape clogs China’s offshore IPO pipeline even as markets recover By Reuters
•
Written by Ken Wu, Julie Zhu, Selina Li, and Scott Murdoch HONG KONG (Reuters) – More than a year after China pledged to make overseas listings easier, companies are grappling with a regulatory impasse that is unlikely to ease soon, and eyeing the prospect of sharply lower valuations even as…
-
Istanbul Pushes Ahead With IPO Plan for $10 Billion Gas Grid
•
Breadcrumb links PMN works Istanbul authorities are reviving a plan to privatize the city’s gas network in what could be one of Turkey’s largest initial public offerings ever. Article writer: Bloomberg News Erkan Ersoy Posted on May 16, 2024 • 2 min read You can save this article by registering…
-
Chinese electric vehicle maker Zeekr soars in IPO debut (NYSE:ZK)
•
Editorial jozzeppe/iStock via Getty Images Zeekr Intelligent Technology Holding (IPO) opened trading Friday at $26 after the Chinese electric vehicle maker priced its IPO at $21 per share. Male shares (New York Stock Exchange: ZK) zoomed to $29.20 before settlement behind. The initial surge in electric vehicle stocks pushed their…
-
Chinese electric vehicle maker Zeekr soars in IPO debut (NYSE:ZK)
•
Editorial jozzeppe/iStock via Getty Images Zeekr Intelligent Technology Holding (IPO) opened trading Friday at $26 after the Chinese electric vehicle maker priced its IPO at $21 per share. Male shares (New York Stock Exchange: ZK) zoomed to $29.20 before settlement behind. The initial surge in electric vehicle stocks pushed their…