Vijay Shekhar Sharma, founder of Indian eCommerce firm Paytm, compared his company’s inauspicious public debut to the early struggles by automaker Tesla when it listed more than 10 years ago, Reuters reported Monday (Nov. 22). Get the Full Story Complete the form to unlock this...
Paytm’s debut this week on the Bombay Stock Exchange, at the time of this writing, looks like the Ishtar of initial public offerings (IPOs). Lots of money and some star power – and out of the gate, it’s sinking like a stone. Get the Full...
Sweetgreen Inc. has unveiled the price of its initial public offering (IPO), with the salad chain saying it would sell 13 million shares of Class A common stock at $28 per share, higher than earlier projections. Get the Full Story Complete the form to unlock...
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...
