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

Nordstrom, Kohl’s and Macy’s Stock up on News of Saks’ Potential IPO

Nordstrom, Kohl’s and Macy’s Stock up on News of Saks’ Potential IPO
Nordstrom, Kohl’s and Macy’s Stock up on News of Saks’ Potential IPO
October 18, 2021  |  IPO

Macy’s stock jumped more than 17% Monday (Oct. 18) to $28.24 per share as reports swirled about Saks Fifth Avenue possibly taking its eCommerce arm...

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Bakkt’s IPO Signals Connected Economy Growth, Aided by Platforms 
Bakkt’s IPO Signals Connected Economy Growth, Aided by Platforms 
October 18, 2021  |  IPO

Cryptocurrency exchange Bakkt, having completed a special purpose acquisition company (SPAC) combination with VPC Impact Acquisition Holdings, saw its shares slip early in its first...

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Online Arm of Saks Preps IPO
Online Arm of Saks Preps IPO
October 17, 2021  |  IPO

The eCommerce spinoff of Saks Fifth Avenue — Saks — is reportedly pondering a public offering in the first six months of next year that...

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Car Rental Demand Prompts Hertz To Try Again For IPO
Car Rental Demand Prompts Hertz To Try Again For IPO
October 17, 2021  |  IPO

Car rental firm Hertz exited bankruptcy in June and filed new paperwork with the Securities and Exchange Commission (SEC) for an initial public offering (IPO)...

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Bakkt to Take Digital Asset Network Public on NYSE
Bakkt to Take Digital Asset Network Public on NYSE
October 17, 2021  |  IPO

Digital asset marketplace Bakkt is going public via a special purpose acquisition company (SPAC) on the New York Stock Exchange (NYSE) Monday (Oct. 18), Decrypt...

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SPAC Finnovate Acquisition Plans $150M IPO 
SPAC Finnovate Acquisition Plans $150M IPO 
October 15, 2021  |  IPO

Finnovate Acquisition, a special-purpose acquisition company (SPAC) dealing with the Israeli FinTech sector, has filed with the SEC in hopes of raising up to $150...

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Automotive SaaS Firm MotorK Preps $173M IPO 
Automotive SaaS Firm MotorK Preps $173M IPO 
October 15, 2021  |  IPO

MotorK, an Italian Software-as-a-Service (SaaS) company serving car dealers, is preparing to go public with an initial public offering (IPO) that could value the firm...

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Public Listings, Sales Bring Tech Investors, Employees $583B
Public Listings, Sales Bring Tech Investors, Employees $583B
October 14, 2021  |  IPO

U.S. public listings or sales of technology companies brought $582.5 billion to their investors and employees during the 12-month period that started September 2020, the...

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