IPO

IPO
India Wants Life Insurance Corp of India IPO to Succeed in a Big Way
January 11, 2022

Indian officials are taking unprecedented steps — including adjusting capital markets rules, sending text messages and publishing newspaper ads — in an effort to ensure the record-setting initial public offering (IPO) of Life Insurance Corp of India is a success, according to a Bloomberg report...

IPO
Will Turo IPO Plans Mark Milestone or Hurdle In Carsharing Industry’s Advance?
January 11, 2022

Platforms, in starkest terms, enable demand to meet supply. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

IPO
Mattress Firm Group Begins IPO Process
January 10, 2022

Mattress Firm Group Inc. has filed a registration statement with the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its common stock, moving closer to a plan it has been discussing for several months, according to a Friday (Jan. 7)...

IPO
Digital Payments Startup Pine Labs Files for $500M IPO at Valuation as High as $7B
January 10, 2022

Digital payments startup Pine Labs filed confidentially with the Securities and Exchange Commission (SEC) for an initial public offering (IPO) to raise roughly $500 million at an estimated valuation between $5.5 billion to $7 billion, Bloomberg reported on Monday (Jan. 10). Get the Full Story...

IPO
Online Merchant Hour Loop Opens IPO Trading of 1.5M Shares
January 07, 2022

Online retailer and third-party eCommerce seller Hour Loop started trading on Nasdaq Capital Market under the ticker symbol HOUR at a per-share price of $4.50 after pricing the initial public offering (IPO) of 1.5 million shares of common stock at $4 per share, according to...

IPO
Aéropostale, Forever 21 Owner Authentic Brands Pulls IPO
January 06, 2022

Apparel chain operator Authentic Brands Group (ABG), owner of Aéropostale, Forever 21, Lucky, Barneys New York, and more than 30 other brands, officially dropped its plans for an initial public offering, according to its filing with the Security and Exchange Commission (SEC) and other reports....

IPO
Tuhu Online Car Services Launching IPO in Hong Kong
January 06, 2022

Tuhu, a Chinese online car services platform backed by Goldman Sachs Group Inc. and Tencent Holdings Ltd. among other investors, is relocating its initial public offering (IPO) from the U.S. to Hong Kong, according to a Bloomberg report Thursday (Jan. 6) that cited people with...

IPO
Security Firm SK Shieldus Joins Car-Sharing Startup SOCAR in Filing for Korean IPOs
January 06, 2022

Security solution provider SK Shieldus and car-sharing platform SOCAR have both filed initial paperwork for an initial public offering (IPO) on the main Korea Composite Stock Price Index (Kospi), according to reports and the stock exchange operation Korea Exchange. Get the Full Story Complete the...

IPO
SMB HR, Payroll Startup Justworks Readies for IPO at $2B Valuation
January 05, 2022

Human resources and payroll startup Justworks is selling 7 million shares priced between $29 and $32 apiece in an initial public offering (IPO) that could give the company $224 million at the top of the range at an estimated valuation of $2 billion, according to...