IPO

IPO
China Investigation Triggers Delay in 60+ IPOs
January 28, 2022

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). Get the Full Story Complete the form to...

IPO
Payments Firm PingPong Considers $1B IPO
January 27, 2022

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
Delivery Startup Gopuff Preps for IPO with Goldman Sachs, Morgan Stanley
January 26, 2022

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. Get the...

IPO
Report: Shein Likely to Go Public in US Later This Year
January 25, 2022

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,...

IPO
Digital Bank Chime Readies IPO With Possible $40B Valuation
January 21, 2022

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Ibercaja Banco on Track to be Spain’s First IPO of 2022
January 20, 2022

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...

IPO
Investment Platform Acorns Calls Off IPO with Pioneer SPAC
January 19, 2022

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Zaggle Looks to Raise Up to $250M Through IPO
January 14, 2022

Software as a service (SaaS) FinTech Zaggle has begun preparations to go public at some point in 2022, multiple sources with knowledge of the situation told Moneycontrol for a report Friday (Jan. 14). Get the Full Story Complete the form to unlock this article and...

IPO
Justworks Cites Market Conditions for US IPO Delay
January 13, 2022

Justworks Inc. is delaying its U.S. initial public offering (IPO) because of market conditions, Reuters reported Wednesday (Jan. 12), squelching plans to sell 7 million shares between $29 and $32 and rake in up to $224 million, per a filing earlier this month. Get the...