Grayscale Investments, a digital asset-focused investment platform, plans to go public. The company said in a Monday (July 14) press release that it confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission (SEC). “The number of shares to be registered and the price range...
By any measure, 2025 is shaping up to be “Hot Tech Summer.” Particularly for FinTechs, where Circle and Chime have notched heady gains in a short period of time. With the recent news that Navan has filed initial paperwork with the Securities and Exchange Commission...
Business travel and expense management solution provider Navan said Friday (June 20) that it confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO). “The number of shares to be offered and the price...
Wealth management platform Wealthfront is reportedly the latest FinTech planning to go public. The company has filed confidentially for an initial public offering in the U.S., Bloomberg News reported Monday (June 23), though the number of shares in question and price range remain undetermined. The...
Indian digital payments provider PhonePe is reportedly planning to go public in an IPO. The Walmart-backed company is readying preliminary documents for an initial public offering (IPO) that could raise up to $1.5 billion, Bloomberg News reported Monday (June 23), citing sources familiar with the...
Chime’s debut on the Nasdaq stock exchange Thursday was resoundingly positive, as the shares closed more than 37% higher. The shares went public at $27, and opened at more than $43 at the start of trading before closing at $37.11. The intraday high was nearly...
The pricing of an initial public offering (IPO), a ritual that comes the night before the first day of trading, gauges the enthusiasm of the market for the new kid on the Street. Wednesday night (June 11), we got a glimpse into the interest in...
At least three exchange-traded fund (ETF) issuers filed ETFs related to Circle Internet Group (CRCL) in the days after the stablecoin issuer’s Thursday (June 5) initial public offering (IPO). These filings reached the Securities and Exchange Commission (SEC) on Friday (June 6) and Monday (June...
Chime Financial is reportedly expected to launch its initial public offering (IPO) Thursday (June 12). When it does so, the FinTech company is expected to be valued at more than $11 billion at the high end of its expected pricing range, The Information reported Monday...