The pandemic has fueled a surge in online sales of vehicles. Cazoo Holdings, a U.K. online seller of used cars, has ridden that digital shift — and is now heading toward going public in a deal reportedly worth $7 billion to $8 billion. Get the Full...
Among the hallmarks of the special purpose acquisition (SPAC) go-to-market strategy is that small, quickly growing firms — the ones that are in need of capital but not the tradeoff of giving up too much autonomy — can come to market. Get the Full Story...
Shared office space firm WeWork is in merger talks with the special purpose acquisition company (SPAC) BowX Acquisition Corp. in a move to go public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Robinhood is developing a system that would let those who harness its trading app buy stocks at the same time as Wall Street funds to “democratize” initial public offerings (IPOs), Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy...
The U.S. Securities and Exchange Commission (SEC) is launching a probe into the wave of startups going public via special purpose acquisition companies (SPACs), Reuters reported on Thursday (March 25), citing sources. Get the Full Story Complete the form to unlock this article and enjoy...
On Wall Street, the much-touted trend of special purpose acquisition companies (SPACs) might be on the way out, Reuters reported, as first-day trading pops are fading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Indian companies have generated more than $2 billion through initial public offerings (IPOs) thus far in 2021, the highest level of IPO fundraising in the country since 2008. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Chinese firms are looking to pull initial public offerings (IPOs) after regulators have moved to strengthen requirements to safeguard investors and protect financial stability, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Robinhood, a free brokerage app, will be going public, Axios reported. The company has filed confidentially with the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
