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

Sweetgreen Seeks Up to $2.7 Billion Valuation in IPO Despite Lack of Profitability

Sweetgreen Seeks Up to $2.7 Billion Valuation in IPO Despite Lack of Profitability
Sweetgreen Seeks Up to $2.7 Billion Valuation in IPO Despite Lack of Profitability
November 09, 2021  |  IPO

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,...

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Mobile Health Services Provider DocGo to Start Trading on Nasdaq
Mobile Health Services Provider DocGo to Start Trading on Nasdaq
November 07, 2021  |  IPO

DocGo, a mobile health services provider, has merged with a special purpose acquisition company (SPAC), Motion Acquisition Corp., and plans to begin trading on Nasdaq...

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Cian Will Sell IPO Shares for $16 Each
Cian Will Sell IPO Shares for $16 Each
November 05, 2021  |  IPO

Russian online real estate classifieds platform Cian PLC will sell 18,213,400 American Depositary Shares for $16 each during its initial public offering (IPO), the company...

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Colombian Delivery App Rappi To Go Public Next Year  
Colombian Delivery App Rappi To Go Public Next Year  
November 05, 2021  |  IPO

Colombian delivery app Rappi Inc. is planning its initial public offering (IPO) for late in 2022, co-founder Juan Pablo Ortega told Bloomberg at the Web...

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Allbirds Sees 91% Gain in Wall Street Debut Almost Doubling IPO Price
Allbirds Sees 91% Gain in Wall Street Debut Almost Doubling IPO Price
November 03, 2021  |  Retail

Update (5 p.m.): Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Shares of S.Korea’s Kakao Pay Soar Over 150% on First Day of Trading
Shares of S.Korea’s Kakao Pay Soar Over 150% on First Day of Trading
November 03, 2021  |  IPO

South Korean mobile payments app Kakao Pay soared out of the starting gate, more than doubling in its first day of trading on the Seoul...

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Bitcoin Miners, Neobanks File to Bring Shares Public
Bitcoin Miners, Neobanks File to Bring Shares Public
October 29, 2021  |  IPO

In evidence that the digital age has fully ensnared Wall Street, recent listings announcements — across special purpose acquisition companies (SPACs) and traditional initial public...

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Electric Vehicle Maker Rivian Drives Toward IPO With Amazon Owning 20%
Electric Vehicle Maker Rivian Drives Toward IPO With Amazon Owning 20%
October 29, 2021  |  IPO

Electric truck maker Rivian is moving toward an initial public offering (IPO) supported by early backer Amazon, which has a 20% stake, according to multiple...

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Warren Buffett-Backed FinTech Nubank Files Confidentially for IPO
Warren Buffett-Backed FinTech Nubank Files Confidentially for IPO
October 27, 2021  |  IPO

Brazilian FinTech Nubank, which is backed by Warren Buffett’s Berkshire Hathaway, has confidentially filed for an initial public offering (IPO) on the New York Stock...

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