Bank of America expects Brazilian companies to launch at least 10 initial public offerings in 2027, Reuters reported Monday (May 26). These listings are expected to take place in both Brazil and the United States, and the deals should start at around $500 million, the report said,...
The final frontier of space has had relatively few flags planted to claim it. SpaceX’s newly released registration statement signals that’s about to change. Beneath the expected references to launch cadence, satellite deployment and Elon Musk’s personal ambitions around colonizing Mars, the 200,000-word initial public...
Blockchain.com is the latest in a series of crypto companies going public. The company announced Thursday (May 21) that it had confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). “The number of shares...
With 900 million weekly users, $25 billion in annualized revenue and a $14 billion projected loss, OpenAI is preparing to ask the public to buy in. The Wall Street Journal reported the company is working with Goldman Sachs and Morgan Stanley on a draft IPO prospectus....
Walmart tapped the brakes on Flipkart’s long-anticipated public market debut. The U.S. retail giant is telling its Indian eCommerce subsidiary to reach profitability first, Moneycontrol reported Friday (May 15), making the decision one of the clearest signals yet that Walmart is tightening financial discipline across...
Ledger, a French company that makes hardware designed to securely store cryptocurrency, has paused its plans for a U.S. initial public offering (IPO) due to an unfavorable market for crypto IPOs, CoinDesk reported Wednesday (May 13), citing unnamed sources. The company had considered a $4 billion U.S. listing and...
Brazilian payments firm Elo is reportedly working on an initial public offering (IPO). The company has tapped banking partners as it prepares to list in the U.S. in the second half of the year, Bloomberg News reported Monday (May 11), citing sources familiar with the matter. Bloomberg notes that...
Uber-backed eMobility company Lime is planning to go public. Lime parent Neutron Holdings filed paperwork with the Securities and Exchange Commission (SEC) Friday (May 8) for its initial public offering (IPO). Sources told the Financial Times (FT) that Lime is hoping to list at a...
OPay Digital Services, a payments platform focused on Nigeria and backed by SoftBank Vision Fund and Sequoia Capital, is preparing for an initial public offering (IPO) in the United States, Bloomberg reported Friday (May 1), citing unnamed sources. The company is seeking a valuation of $4 billion, which would double...