South Korean semiconductor maker SK Hynix is preparing to go public in the U.S. And as Bloomberg News reported Sunday (July 5), the company’s $29 billion listing — set for July 10 and believed to be the largest ever share sale by a foreign firm...
Plaid has held preliminary discussions with banks about a potential initial public offering, Bloomberg reported Wednesday (July 1), citing unnamed sources. The company is considering the move but has not made a final decision, according to the report. Plaid did not immediately reply to PYMNTS’...
OpenAI is considering delaying its initial public offering until 2027 due to recent volatility in tech stocks, Bloomberg reported Thursday (June 25), citing a paywalled article by The New York Times. The artificial intelligence startup’s advisers have told it that this volatility could reduce retail...
Kalshi’s CEO has confirmed the company wants to go public, though not right away. Tarek Mansour said in a CNBC interview Wednesday (June 24) that the prediction market is in the early stages of planning an initial public offering (IPO). He added the listing won’t happen this...
Egypt-based FinTech MNT-Halan is reportedly planning to take its business public in Cairo. The initial public offering (IPO) could happen as soon as this year, Bloomberg News reported Wednesday (June 24), citing sources familiar with the matter. Those sources said MNT-Halan is working with Citigroup...
Kalshi has about tripled its annualized revenue since November, bringing that figure to $2 billion, The Information reported Thursday (June 18), citing unnamed sources. The report attributed the prediction markets platform’s gains to trading around the NBA and World Cup games. This growth has led...
Indian payment FinTech Razorpay is reportedly preparing a $600 million initial public offering (IPO). The company has confidentially filed for a public listing with the goal of making its stock market debut by the end of the year, Reuters reported Monday (June 15), citing a...
Robinhood CEO Vlad Tenev says the company’s securities business can now serve as an underwriter. Tenev’s announcement on X was flagged in a report Tuesday (June 9) from Seeking Alpha, which notes Robinhood’s expansion from trading platform to underwriter for initial public offerings (IPOs) could unlock higher-fee revenue...
Perplexity’s CEO says the artificial intelligence (AI) startup plans to go public in 2028. And that will happen no matter how investors react to the initial public offerings (IPOs) from rivals Anthropic and OpenAI, Aravind Srinivas told CNBC in a Tuesday (June 9) interview. “Agnostic...