ipo

Initial public offering or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail investors; an. IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.

Source: nasdaq.com

Today In Payments: Walmart Debts $12.95 Membership, SEC Eyes Probe of Robinhood
Today In Payments: Walmart Debts $12.95 Membership, SEC Eyes Probe of Robinhood
September 01, 2020  |  News

In today’s top news, Walmart debuts its membership program, Walmart+, and the U.S. Securities and Exchange Commission (SEC) is eying a probe of Robinhood over...

READ MORE >
Utz And The (Public) Lure Of A Snack SPAC
Utz And The (Public) Lure Of A Snack SPAC
August 31, 2020  |  IPO

In the consumer packaged goods space, snack SPACs are showing some teeth. Special purpose acquisition companies – or SPACs, as they are more commonly known...

READ MORE >
SPACs ‘Not A Fit For Every Company’ Says DraftKings Chief
SPACs ‘Not A Fit For Every Company’ Says DraftKings Chief
August 30, 2020  |  Investments

Fantasy gaming company DraftKings CEO Jason Robins thinks the special purpose acquisition company (SPAC) market might be getting a little too big and hopes it...

READ MORE >
Tech Firm Nuvei’s Potential IPO Could Be Biggest Of 2020
Tech Firm Nuvei’s Potential IPO Could Be Biggest Of 2020
August 28, 2020  |  IPO

Nuvei Technologies Corp., the Montreal-based payment technology company, is planning to file an initial public offering (IPO) in the U.S. and Canada next month, sources...

READ MORE >
Retail’s Digital Shift, SPACs, And DoorDash’s IPO Plans Top This Week’s News
Retail’s Digital Shift, SPACs, And DoorDash’s IPO Plans Top This Week’s News
August 28, 2020  |  News

It’s the end of another week and the end of a busy month. The PYMNTS Weekender is here to catch you up on the latest...

READ MORE >
The Specs on SPACs – And Why Blank-Check Firms Get Backing
The Specs on SPACs – And Why Blank-Check Firms Get Backing
August 26, 2020  |  IPO

As U.S. stock-market indices make new highs, an acronym that’s perhaps less familiar to investors — “SPAC” — is gaining traction. It represents a different...

READ MORE >
Bancorp Founder Betsy Cohen To Take New SPAC Public
Bancorp Founder Betsy Cohen To Take New SPAC Public
August 26, 2020  |  IPO

Betsy Cohen, who founded and formerly operated The Bancorp, is planning to take a $750 million shell company public this week. CNBC reported that FTAC...

READ MORE >
Cloud Storage Software Maker Snowflake Files IPO
Cloud Storage Software Maker Snowflake Files IPO
August 25, 2020  |  IPO

Snowflake Inc., the Silicon Valley-based cloud-storage software maker, has filed an initial public offering. “We believe in a data connected world where organizations have seamless...

READ MORE >
Ant Group Files For IPO, Reports $3B In Half-Year Profits
Ant Group Files For IPO, Reports $3B In Half-Year Profits
August 25, 2020  |  IPO

Ant Group has filed for an initial public offering (IPO) of stock that could be the largest in history. The company’s filing with the Hong...

READ MORE >