Food supply chain technology company GrubMarket has confidentially submitted a draft registration statement for a proposed initial public offering. The company confidentially submitted the Form S-1 with the Securities and Exchange Commission (SEC), it said in a Tuesday (July 28) press release. “The number of...
Sustainable apparel company Reformation aims to raise up to $239 million when it goes public. The company and its investors plan to market roughly 14 million shares at a range of $15 to $17 apiece, Reformation said in a Monday (July 20) Securities and Exchange...
Anthropic is arranging credit lines worth billions of dollars, adding to a $2.5 billion, five-year revolving credit facility it received last year, The Information reported Wednesday (July 15), citing unnamed sources. Expanding capacity like this is a common move by companies planning an initial public...
Anthropic wants to meet with prospective investors ahead of a potential initial public offering that could take place as soon as October, Bloomberg News reported Wednesday (July 15). Banks leading the offering are scheduling investor meetings in the coming weeks, according to the report, which...
Federal securities regulators are exploring ways to encourage more companies to go public. To that end, the Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee said it will hold a meeting this month to examine “ways to modernize public market access and encourage...
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...