Chime Financial launched the roadshow for its initial public offering (IPO). The FinTech company plans to offer 32 million shares, and the IPO price is expected to be between $24 and $26 per share, according to a Monday (June 2) press release. At the top...
OpenAI Chief Financial Officer Sarah Friar said the company’s planned restructuring can help it go public, Reuters reported Wednesday (May 28). However, even as OpenAI switches its for-profit arm into a public benefit corporation (PBC), Friar said the timing of an initial public offering (IPO)...
Fast fashion retailer Shein has reportedly chosen a new location to go public. The China-founded company is now looking to list in Hong Kong after failing to get Chinese regulators to sign off on its plans for a London initial public offering (IPO), Reuters reported Wednesday (May 28). Sources...
Each week, the evolution of the ongoing cryptocurrency-FinTech convergence seems to get another headline to hang its hat on. Last week, it was the news Thursday (May 22) that J.P. Morgan Chase, Bank of America, Wells Fargo and Citigroup are exploring the launch of a...
Chime Financial filed its Form S-1 registration statement for a proposed initial public offering (IPO) with the Securities and Exchange Commission (SEC) on Tuesday (May 13). The consumer financial technology company said in a press release that it applied to list its Class A common...
With Shein’s IPO in limbo, U.K. investors are reportedly seeking a new hope. As Bloomberg News reported Sunday (May 11), the highly anticipated initial public offering (IPO) by Shein would have valued the fast-fashion retailer at up to $67 billion. It was also seen as...
Retail trading platform eToro is seeking to raise $500 million as it prepares to go public. The company announced Monday (May 5) that it had begun the roadshow for its initial public offering (IPO). The offering will include 10 million Class A common shares, half being offered by eToro...
Several technology and FinTech companies reportedly paused their activities related to initial public offerings (IPOs) amid the stock market fall and investor uncertainty caused by the President Donald Trump administration’s announcement of tariffs. Five companies that were in various stages of their IPO-related plans are...
Circle Internet Financial will reportedly file its prospectus for an initial public offering (IPO) in late April and could launch its IPO by June. The company, which is the issuer of the USDC stablecoin, has hired investment banks to underwrite its potential IPO, though the...