Firmus Grid, a Nvidia-backed Australian data center company, is having trouble generating support for its stock market listing, Bloomberg reported Thursday (Oct. 8). The development reveals a new weakness in the artificial intelligence funding boom, the report said. Firmus’ planned $5.5 billion initial public offering...
Payments infrastructure firm OpenPayd is reportedly setting the stage to go public in the U.S. The U.K. company expects to list on the Nasdaq by the year’s end as it prepares to enter the America market and embark on new acquisitions, CEO Iana Dimitrova said...
U.K. FinTech Zilch is reportedly in discussions with banks as it prepares to go public. The company, whose offerings include buy now, pay later (BNPL) loans, is looking to list on the London Stock Exchange, the Financial Times (FT) reported Wednesday (Sept. 30). Sources familiar...
Anthropic plans to launch its initial public offering in November, later than the October debut many investors had expected, The Wall Street Journal reported Friday (Sept. 18), citing unnamed sources. The November date may have been chosen to allow Anthropic to share its third-quarter financials,...
Revolut’s co-founder and CEO says the FinTech is considering a dual London and New York stock market listing. In an interview Thursday (Sept. 17) with French newspaper Les Echos, Nik Storonsky said the company wanted to list in the U.S. as the market there provides more liquidity and a...
Hawaii-based community bank American Savings Bank has filed for a proposed initial public offering, the bank said in a Monday (Aug. 24) press release. American Savings Bank publicly filed a registration statement on Form S-1 with the Office of the Comptroller of the Currency (OCC), according to the release. The number of...
Nscale, a developer of artificial intelligence (AI) data centers, aims to raise as much as $3 billion in an initial public offering that could take place as soon as September, Bloomberg reported Friday (Aug. 21), citing unnamed sources. Deliberations are ongoing, and the details could change,...
FinTech startup Navi is preparing to launch its initial public offering in India and will seek a valuation of as much as $2 billion, Bloomberg reported Thursday (Aug. 13), citing unnamed sources. Navi aims to raise as much as 30 billion rupees (about $315 million)...
Shein is cooperating with a U.S. Federal Trade Commission (FTC) investigation into the company’s U.S. business operations, it said in a document related to its planning Hong Kong initial public offering and filed with The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission. The company said in the document...