On Friday, according to a book runner for French digital music firm Believe said, books for the IPO of the firm are fully covered. The company is planning to list in Paris with a target valuation of 1.9 billion to… Read More ›
Initial public offering
Uruguayan payment startup DLocal valued at $6.06 billion, raises $617.65M in US IPO
In a statement, Uruguayan payment startup DLocal said, it had raised $617.65 million through its initial public offering. The company had priced its 29.4 million shares at $21 each above its indicated price range of $16-$18. The IPO valued DLocal… Read More ›
Construction management startup Procore Technologies raises US IPO range
On Thursday, Procore Technologies Inc, a construction software startup said, it has priced its U.S. initial public offering (IPO) at $67 per share, higher than the range it had announced earlier this month. California-based Procore Technologies is offering around 9.5… Read More ›
Jessica Alba co-founded Honest Company Inc raises $412.8 million in IPO
In a statement, actress Jessica Alba founded Honest Company Inc said, it has priced its initial public offering (IPO) slightly above the midpoint of its indicated price range, raising $412.8 million. Late on Tuesday, the company said it had sold 25.8… Read More ›
China’s Volvo Cars eyeing potential IPO
On Wednesday, China’s Zhejiang Geely Holding Group said its Volvo Cars is exploring capital market options including a potential initial public offering. Earlier this year in February, Geely’s Hong Kong-listed unit Geely Automobile and Volvo Cars scrapped their full merger… Read More ›
Alibaba-backed Energy Monster’s US IPO caught in legal dispute
Alibaba and SoftBank-backed China’s biggest mobile device power bank startup Energy Monster has been caught in an ownership dispute which clouds its chances of a Nasdaq debut, already buffeted by new U.S. regulations to delist foreign companies that do not… Read More ›
Investor demand for Deliveroo’s upcoming IPO exceeding full deal size: bookrunner
According to British food delivery company’s bookrunner, the demand for Deliveroo’s upcoming initial public offering (IPO) is in excess of the full size of the deal, with books covered throughout the price range of between 3.90 and 4.60 pounds per… Read More ›
Deliveroo confirms London listing plans
On Monday British food delivery startup Deliveroo announced plans for a London listing while disclosing that it posted a loss of $437.94 million (317 million pounds) in 2020. Deliveroo’s IPO is one of the most eagerly anticipated initial public offerings… Read More ›
Singapore’s ride hailing giant Grab exploring potential US IPO
According to three sources familiar with the matter at hand, food delivery and ride hailing giant Grab is exploring a potential listing in the United States. The development comes midst robust investor appetite for IPOs. Grab aims to raise at… Read More ›
Patria Investments Ltd expects IPO valuation between $1 billion to 1.6 billion
In a statement Brazilian asset manager Patria Investments Ltd said it is slated to reach a valuation of between $1 billion to $1.6 billion in its planned initial public offering (IPO) on Nasdaq. On December 30, Patria, which has $13… Read More ›