IPO

IPO
Singapore May List Blank-Check Companies, Or SPACs, This Year
February 18, 2021

The Singapore Exchange, a major stock market in Asia, has reportedly been considering the idea of listing blank-check companies. Now, CEO Loh Boon Chye said in an interview that “if the market is supportive, we hope to be able to do that sometime this year.”...

IPO
Coupang’s S-1 Spotlights Logistics Challenges In eCommerce IPOs
February 18, 2021

The great digital shift has sparked a lot of excitement on Wall Street. And a growing number of firms across the globe are joining the fray, bringing shares to public listing in a red-hot market. As reported earlier this month, Coupang filed documents with the Securities...

IPO
China’s eCommerce Giant JD.com Plans IPO For Shipping Division
February 17, 2021

JD.com, sometimes called China’s Amazon, said it plans to take its shipping business public in Hong Kong, Bloomberg reported. The company’s goal is to take advantage of China’s pandemic-triggered eCommerce boom. Sources told Bloomberg that a JD Logistics initial public offering (IPO) could raise about...

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...

IPO
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...

IPO
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...

IPO
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...