Insurance technology (InsurTech) company Kin is merging with the special purpose acquisition company (SPAC) Omnichannel Acquisition Corp. to go public on the NYSE under the ticker symbol “KI.” The combined entity will be called Kin Insurance and will be valued at an estimated $1.03 billion....
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The retail investing surge has yet to crest, it seems. And the embrace of cryptocurrency proceeds apace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
The tepid market reception of some recent initial public offerings bodes poorly for other IPOs scheduled to hit in the near future, Bloomberg News reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Indonesian eCommerce firm Bukalapak increased the size of its initial public offering (IPO) to $1.5 billion and is on track to be the largest public offering in the country, Reuters reported on Friday (July 16), citing sources. Get the Full Story Complete the form to...
Blend Labs, Inc. launched its initial public offering of 20 million shares of Class A common stock on the New York Stock Exchange, starting at $18 per share and crossing the $20-per-share threshold in early action on the floor. Get the Full Story Complete the...
Special-purpose acquisition companies (SPACs) have set their sights on Southeast Asia’s late-stage startups, CNBC reported this week. A SPAC is a shell company established to raise funds through an initial public offering (IPO). Its only purpose is to merge with or acquire another company to...
Paytm, joining the listing parade on stock exchanges around the world, is showing signs of recovery from the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
