IPOs haven’t been doing so well – deal volume is down 60% compared to the same time last year, Bloomberg writes. Around the world, there’s $26.7 billion worth of IPOs that have priced. There are increasingly more pulled deals as well. The problem comes somewhat...
Indian electronics and lifestyle startup Boat has filed for an initial public offering (IPO) in that country worth up to $266 million. As Techcrunch reported, the company says it plans to issue new shares of around $120 million and sell shares worth $146 million. One...
More than 60 initial public offerings (IPOs) across China — including Deutsche Bank AG’s Chinese securities venture — are on hold as regulators look into the law firms and underwriters behind them, Reuters reported Friday (Jan. 28). Chinese stock market disclosures from Wednesday (Jan. 26)...
PingPong, a Chinese startup that helps eCommerce merchants make cross-border payments, is considering an initial public offering (IPO) to raise up to $1 billion. Sources told Bloomberg News Thursday (Jan. 27) that the company is working with advisors on an IPO listing that could come...
Delivery startup Gopuff is prepping for an initial public offering (IPO) and is working with banks Goldman Sachs and Morgan Stanley on its planned float, which is expected later in 2022, Bloomberg reported on Wednesday (Jan. 26), citing unnamed sources with insider information. Backed by...
Chinese fashion retailer Shein is once again exploring a public listing in the U.S. later this year, while Founder Chris Xu is thinking about becoming a citizen of Singapore to help him get around proposed tighter restrictions on offshore initial public offerings (IPOs) in China,...
The digital banking service Chime has asked Goldman Sachs Group for assistance in prepping for an initial public offering that could value the company at close to $40 billion. As Reuters reported Friday (Jan. 21) citing sources close to the matter, the FinTech will likely...
Ibercaja Banco is tracking to be Spain’s first initial public offering (IPO) of 2022 and the first bank public listing since 2017 as Ibercaja’s largest shareholder Fundación Ibercaja, which owns 88.04% of the shares, plans to sell roughly 40% of its holdings, Reuters reported on...
Investing and checking account platform Acorns Grow Inc. is calling off its $2.2 billion initial public offering (IPO) with special purpose acquisition company (SPAC) Pioneer Merger Corp. “We really appreciate the partnership with Pioneer. They exceeded expectations and helped make Acorns public-company ready,” Acorns CEO...