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

Beijing’s WeWork Rival Ucommune To Go Public In US
Beijing’s WeWork Rival Ucommune To Go Public In US
October 25, 2019  |  IPO

Ucommune, a China-based coworking WeWork rival worth about $3 billion, is going to file an initial public offering (IPO) in the United States this year,...

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Gojek’s New Co-CEOs Plan For Dual Listing, Expanded Market Share
Gojek’s New Co-CEOs Plan For Dual Listing, Expanded Market Share
October 24, 2019  |  IPO

Gojek, an Indonesia-based ride-hailing and payments company, has said it’s getting ready for a dual listing, and it’s looking for a larger share of the...

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Snap Says It Is No Longer Subjected To DOJ Probe
Snap Says It Is No Longer Subjected To DOJ Probe
October 23, 2019  |  Regulation

Snap, the parent company of Snapchat, said the Department of Justice and the Securities and Exchange Commission are no longer investigating it.  Reuters is reporting...

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SoftBank’s Proposed WeWork Buyout Pegs Valuation At Almost $8B
SoftBank’s Proposed WeWork Buyout Pegs Valuation At Almost $8B
October 21, 2019  |  Partnerships / Acquisitions

Softbank is reportedly in advanced talks to take over troubled startup and worksharing space WeWork, which was once one of the hottest startups around but...

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SEC Considers Direct Listings As IPO Alternative
SEC Considers Direct Listings As IPO Alternative
October 18, 2019  |  B2B Payments

The U.S. Securities and Exchange Commission is considering allowing companies to sell primary shares to investors in direct listings as an alternative to the initial...

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WeWork Cash Crunch Holds Bankruptcy Threat Next Month
WeWork Cash Crunch Holds Bankruptcy Threat Next Month
October 18, 2019  |  Markets

WeWork could run out of money by next month — despite the fact that it was valued at $47 billion just nine months ago, making...

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SoftBank, JP Morgan Discuss Bailout To Prevent WeWork Insolvency
SoftBank, JP Morgan Discuss Bailout To Prevent WeWork Insolvency
October 16, 2019  |  Investments

SoftBank and JP Morgan are in talks to rescue WeWork before it runs out of money, which is expected to happen by mid-November, CNBC reported...

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2,000 Staff Getting Laid Off As WeWork Faces Collapse
2,000 Staff Getting Laid Off As WeWork Faces Collapse
October 15, 2019  |  Investments

WeWork will lay off at least 2,000 staff in the coming week — 13 percent of its 15,000 payroll — with thousands of more job...

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SmileDirectClub Shares Slide On New Consumer Protection Law
SmileDirectClub Shares Slide On New Consumer Protection Law
October 15, 2019  |  Markets

A new California law has sent shares of SmileDirectClub down 12.9 percent on Monday (Oct. 14) and its stock is now down 60 percent since...

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