Shares tumbled an estimated 25 percent in Paytm’s trading debut on the Bombay Stock Exchange, with shares trading at ₹1,614 hours after opening at ₹2,150, giving the company an estimated $14.2 billion valuation, according to multiple reports. Get the Full Story Complete the form to...
IPOs and SPAC announcements in the banking sector this year to date have totaled 61, followed by firms that are engaged in transforming the way companies’ workflows operate (the “work”) segment, at 48. The activity was decidedly international in scope. Payments firms follow, with 36...
Rivian Automotive opened Wednesday (Nov. 10) on Nasdaq under the ticker symbol RIVN, floating 153,000,000 shares of Class A common stock at an initial public offering price (IPO) of $78 per share. The offering is expected to close on Nov. 15. Get the Full Story...
Analysts are concerned about the profitability of the Indian payments provider Paytm, following a day in which subscriptions to the company’s $2.5 billion share offering moved at a tepid pace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Car rental giant Hertz is continuing to move past its pandemic-driven bankruptcy with an upsized public offering and a slew of plans to remain a key player in what it calls the “modern mobility ecosystem.” Get the Full Story Complete the form to unlock this...
If Sweetgreen had a reputation for being a little pricy before, it now boasts a price tag of up to $2.7 billion. The Culver City, California-based salad chain, which own and operates 140 restaurants across 13 states and Washington, D.C., announced that it is seeking...
DocGo, a mobile health services provider, has merged with a special purpose acquisition company (SPAC), Motion Acquisition Corp., and plans to begin trading on Nasdaq Monday (Nov. 8), according to a press release. Get the Full Story Complete the form to unlock this article and...
Russian online real estate classifieds platform Cian PLC will sell 18,213,400 American Depositary Shares for $16 each during its initial public offering (IPO), the company announced Friday (Nov. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Colombian delivery app Rappi Inc. is planning its initial public offering (IPO) for late in 2022, co-founder Juan Pablo Ortega told Bloomberg at the Web Summit conference in Lisbon, Portugal, for its report Friday (Nov. 5). Get the Full Story Complete the form to unlock...
