IPO

IPO
India’s PharmEasy Takes in $339M Before Going Public
October 21, 2021

The Indian online pharmacy and medical store PharmEasy has raised $339 million ahead of an initial public offering (IPO) on the Mumbai market that could value the company at $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Rent the Runway Aims at $21 a Share for IPO on $1.5B Valuation
October 18, 2021

Rent the Runway, a clothing-rental business, will pursue as much as a $1.5 billion valuation in its initial public offering (IPO) next week, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Nordstrom, Kohl’s and Macy’s Stock up on News of Saks’ Potential IPO
October 18, 2021

Macy’s stock jumped more than 17% Monday (Oct. 18) to $28.24 per share as reports swirled about Saks Fifth Avenue possibly taking its eCommerce arm public at some point, possibly in the first half of next year. Get the Full Story Complete the form to...

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Bakkt’s IPO Signals Connected Economy Growth, Aided by Platforms 
October 18, 2021

Cryptocurrency exchange Bakkt, having completed a special purpose acquisition company (SPAC) combination with VPC Impact Acquisition Holdings, saw its shares slip early in its first day of trading. At this writing, the stock was down a bit more than 1%. Get the Full Story Complete...

IPO
Online Arm of Saks Preps IPO
October 17, 2021

The eCommerce spinoff of Saks Fifth Avenue — Saks — is reportedly pondering a public offering in the first six months of next year that could give it an estimated valuation of $6 billion, the Wall Street Journal (WSJ) reported, citing unnamed sources. Get the...

IPO
Car Rental Demand Prompts Hertz To Try Again For IPO
October 17, 2021

Car rental firm Hertz exited bankruptcy in June and filed new paperwork with the Securities and Exchange Commission (SEC) for an initial public offering (IPO) with plans to list on Nasdaq, according to multiple reports. Get the Full Story Complete the form to unlock this...

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Bakkt to Take Digital Asset Network Public on NYSE
October 17, 2021

Digital asset marketplace Bakkt is going public via a special purpose acquisition company (SPAC) on the New York Stock Exchange (NYSE) Monday (Oct. 18), Decrypt reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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‘Traditional’ IPOs Dominate the Week’s Activity  
October 15, 2021

Through the past week, what might be termed “traditional” initial public offering (IPO) announcements seemed to dominate the headlines, with relatively fewer SPAC-related announcements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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SPAC Finnovate Acquisition Plans $150M IPO 
October 15, 2021

Finnovate Acquisition, a special-purpose acquisition company (SPAC) dealing with the Israeli FinTech sector, has filed with the SEC in hopes of raising up to $150 million in an initial public offering.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...