IPO

IPO
Johnson & Johnson Spinoff Kenvue Valued at $41 Billion in IPO
May 04, 2023

Johnson & Johnson’s consumer healthcare spinoff has made the biggest U.S. initial public offering (IPO) since 2021. Kenvue, which includes Band-Aid and several other well-known consumer brands that had been part of Johnson & Johnson, raised $3.8 billion in an IPO that valued it at...

IPO
SoftBank Group Subsidiary Arm Planning IPO
May 01, 2023

Semiconductor designer Arm Ltd., a subsidiary of SoftBank Group, is planning an initial public offering (IPO). The organization has confidentially submitted a draft registration on Form F-1 — a filing that is required for the registration of certain securities by foreign issuers — to the...

IPO
Possible Jio Financial Services IPO Opens India’s Digital Front Door for Investors
April 28, 2023

The door opens for investors to bet on the digital front door, in India. The premise and promise of the super app is to give a single point of entry (the front door) to a range of activities spanning everything from ride-hailing to commerce to...

IPO
FinTech IPO Index Slides 5.4% Led by MoneyLion
April 27, 2023

The FinTech IPO Index slid 5.45%, even as earnings season has yet to fully hit home in the sector. MoneyLion shares sank 29.7% through the past five sessions. The company said that it would affect a 1-for-30 reverse stock split of its Class A common stock. In...

IPO
Johnson & Johnson Prepares to Test IPO Waters
April 23, 2023

Johnson & Johnson is reportedly readying an investors roadshow to take its commercial healthcare unit public. According to a Sunday (April 23) Wall Street Journal (WSJ) report, sources familiar with the matter say the company could begin meeting with investors as early as Monday (April...

IPO
Opendoor Cuts More Staff and Leads FinTech IPO Index Down 0.7%
April 20, 2023

Earnings season has yet to fully engulf the FinTech IPO sector. But there was plenty of other news to go around — where macro headwinds were in evidence, forcing at least one platform to scale back its headcount. Shares in Opendoor plunged 18.9% through the...

IPO
SeatGeek Reportedly Files Confidentially for IPO Amid Events Industry Boom
April 19, 2023

SeatGeek has reportedly filed confidentially for an initial public offering (IPO). The event ticketing firm is making the move as people continue to return to concerts and sporting events after the pandemic, and it expects its revenue to top $500 million this year, The Information...

IPO
FinTech IPO Gains 2.1% as Platforms’ Stocks Swing Wildly
April 13, 2023

The platforms held sway this past week — where volatility reigned on Wall Street. And within the FinTech IPO Stock Index, we saw gainers and losers in roughly equal measure, with double-digit movements to the upside and downside … and the result was that through...

IPO
FinTech IPO Index Gains 0.3% as nCino and dLocal Post Earnings
April 06, 2023

Earnings season’s just about over. But there were a few last reports among our FinTech IPO pantheon right before the next earnings season begins next week. Beginning in mid-April, the big banks will start rolling out their reports on how the first quarter fared —–...