IPO

IPO
Chinese Retail Solution Platform DMall Ponders Public Filing
February 17, 2021

Chinese retail solutions startup DMall, backed by grocery chain Wumart Group, is considering a plan to file for an initial public offering (IPO), Bloomberg reported on Wednesday (Feb. 17), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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EV Maker Lucid Motors Seeks $1.5 Billion In SPAC Deal
February 16, 2021

Lucid Motors, the luxury electric vehicle maker, is close to a deal for an initial public offering (IPO) at a $12 billion valuation after a deal with Michael Klein‘s special purpose acquisition company (SPAC), Reuters writes. Get the Full Story Complete the form to unlock...

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Reports Say China Blocked Ant IPO Over Company’s Complex Ownership
February 16, 2021

One previously unreported reason Jack Ma‘s Ant Group lost its IPO was because of the complex ownership structure of the company, The Wall Street Journal (WSJ) writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Marqeta Files With SEC, Could IPO In April
February 16, 2021

Marqeta, the U.S.-based payment card issuing startup, has filed confidentially for an initial public offering (IPO) with the Securities and Exchanges Commission (SEC), a Reuters report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Fabric And Craft Store JOANN Plans IPO Amid DIY Trend
February 16, 2021

Fabric and craft retail chain JOANN plans to go public, the company announced today in an S-1 filing with the 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...

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Will Rover SPAC Be Best Of Breed — Or A Howler?
February 16, 2021

On Wall Street, one sign that things may be getting overheated — particularly when it comes to public listings — is when less traditional business models start announcing plans to join the fray. Get the Full Story Complete the form to unlock this article and...

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Indonesian Travel Startup Traveloka Looks To Enter Public Markets Via SPAC
February 16, 2021

Online travel startup Traveloka is aiming to launch a “blank-check” company with a listing in the U.S. this year. Ferry Unardi, the Indonesian company’s CEO, told Bloomberg Television that the plan was to raise funds through that special purpose acquisition company (SPAC). Get the Full...

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London’s Deliveroo To Announce IPO Plans March 8
February 15, 2021

London-based food-delivery service Deliveroo could begin the process of floating shares for public purchase as early as March 8, Sky News reported Monday (Feb. 15), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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MoneyLion Closes Deal With SPAC Fusion Acquisition To File IPO
February 12, 2021

Digital financial platform MoneyLion and special purpose acquisition company (SPAC) Fusion Acquisition Corp. have closed a deal that would take MoneyLion public with an estimated $2.9 billion equity value. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...