IPOs

An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.

Source: investopedia.com

Cava Prepares IPO Roadshow Amid Fast-Casual Recovery

Cava Prepares IPO Roadshow Amid Fast-Casual Recovery
Cava Prepares IPO Roadshow Amid Fast-Casual Recovery
June 04, 2023  |  IPO

Fast casual eatery Cava is reportedly set to begin promoting its initial public offering (IPO). Executives from the Mediterranean-themed restaurant chain plan to begin a roadshow to...

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Report: Fizzling SPAC Wave Leads to Rash of Lawsuits
Report: Fizzling SPAC Wave Leads to Rash of Lawsuits
June 01, 2023  |  SPAC

First came the SPACs. Now come the legal actions. Special purpose acquisition companies (SPACs) were a super-popular method of going public in recent years. But...

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Midsized Restaurant Chains Grapple With Reliance on Third-Party Aggregators
Midsized Restaurant Chains Grapple With Reliance on Third-Party Aggregators
May 26, 2023  |  ResTech

As major restaurants build out extensive digital platforms to compete with third-party restaurant aggregators, smaller chains are left in a bind. Take, for instance, fast-casual...

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Citigroup Plans IPO for Mexican Banking Unit Banamex
Citigroup Plans IPO for Mexican Banking Unit Banamex
May 24, 2023  |  Banking

Citigroup says it has decided to take its Mexican retail banking unit Banamex public. The lender announced Wednesday (May 24) it plans to pursue an...

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Fast-Casual Brands Prepare IPOs as Sector Bounces Back
Fast-Casual Brands Prepare IPOs as Sector Bounces Back
May 24, 2023  |  IPO

With fast-casual chains’ stocks outperforming the restaurant industry, more brands, including Panera and Cava, are looking to capitalize on the industry’s recovery. Panera Brands, a group encompassing fast-casual...

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Panera Brands Announces Leadership Changes Ahead of ‘Eventual IPO’
Panera Brands Announces Leadership Changes Ahead of ‘Eventual IPO’
May 23, 2023  |  Personnel

Panera Brands is making some leadership changes to prepare for its “eventual IPO.” The head of one of its brands, Einstein Bros. Bagels President and CEO José Alberto Dueñas,...

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Johnson & Johnson Spinoff Kenvue Valued at $41 Billion in IPO
Johnson & Johnson Spinoff Kenvue Valued at $41 Billion in IPO
May 04, 2023  |  IPO

Johnson & Johnson’s consumer healthcare spinoff has made the biggest U.S. initial public offering (IPO) since 2021. Kenvue, which includes Band-Aid and several other well-known...

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Report: Alibaba Considers Taking eCommerce Business Public
Report: Alibaba Considers Taking eCommerce Business Public
May 04, 2023  |  eCommerce

Alibaba is reportedly mulling a U.S. initial public offering (IPO) for its eCommerce unit. The Chinese tech giant is in the early stages of weighing...

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