Buy now, pay later (BNPL) startup Kredivo’s parent FinAccel is suspending its $430 million initial public offering (IPO) over adverse market conditions, multiple news outlets reported on Tuesday (March 15). The IPO was announced in August and was set to take place via a $2.5 billion...
Healthcare mapmaker Komodo Health has hired banks in preparation for an initial public offering (IPO) this summer, according to an Axios report Monday (March 14). Komodo, which was last valued at $3.3 billion, could help to open up the stagnant IPO market when it goes...
Super app GoTo, Indonesia’s largest startup, is planning to raise $1.3 billion at an estimated valuation of $29 billion in an initial public offering (IPO) in April. “This is a landmark moment in the history of our company as we set out on the final...
Thus far, nearly toward the end of the first quarter of 2022, we see a trend emerging for the FinTech IPO tracker. That trend is: Down. To new lows. As of 4 p.m. on March 9, the Index’s most recent reading was 62, which indicates...
Pet food maker Wellness Pet Co. is planning to go public sometime this year, according to a Bloomberg report Tuesday (March 8). The company is backed by Clearlake Capital Group, a private equity firm. The company has three production facilities in the U.S. and the...
Intel Corp.’s self-driving car division, Mobileye, has filed for an initial public offering (IPO), Bloomberg reported Monday (March 7), a few months after the chipmaker said it was planning to go public in the middle of 2022. Intel, which has said it will still be Mobileye’s...
For Intel’s Mobileye unit, we’ll have to wait a bit to get a peek at company-specific financials. As reported Monday (March 7), the chip giant has filed with the Securities and Exchange Commission to take the self-driving vehicle operations public. The filing is confidential, Intel...
Poor market conditions in South Korea have led companies to suspend initial public offerings (IPOs), according to Pulse, a Korean news service. Last month, Daemyung Holdings Co. Ltd., the Seoul-based renewable energy provider, withdrew plans to go public on Kosdaq, the country’s tech trading platform....
eCommerce specialist ESW is weighing an initial public offering (IPO) that could value the firm in the neighborhood of $4 billion. As Bloomberg News reported Friday (March 4), the company is working with Lazard Ltd. on plans for a listing in Amsterdam in the latter...