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

Goldman CEO Says SPAC Explosion ‘Unsustainable’
Goldman CEO Says SPAC Explosion ‘Unsustainable’
January 19, 2021  |  Partnerships / Acquisitions

Goldman Sachs CEO David Solomon said he doesn’t think the current special purpose acquisition company (SPAC) boom is sustainable, the Financial Times (FT) reported. Companies...

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Today In Payments Around The World: UK To Make Firms Pay Small Businesses In 30 Days; Singapore’s Grab Considers US IPO
Today In Payments Around The World: UK To Make Firms Pay Small Businesses In 30...
January 19, 2021  |  News

In today’s top payments news around the world, the United Kingdom is looking to crack down on firms that take too long to pay suppliers,...

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In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
January 19, 2021  |  IPO

The fallout from Ant Group’s failed initial public offering (IPO) continues, as millions of investors have piled out of five mutual funds that had pitched...

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Sequoia Could Put $7.2 Billion Into Auto1 With IPO Approaching
Sequoia Could Put $7.2 Billion Into Auto1 With IPO Approaching
January 18, 2021  |  Investments

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform’s initial public offering (IPO), Bloomberg reported Monday (Sept....

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Deliveroo Valued At $7 Billion-Plus Ahead Of Potential IPO
Deliveroo Valued At $7 Billion-Plus Ahead Of Potential IPO
January 17, 2021  |  Investments

British delivery power-house Deliveroo said Sunday (Jan. 17) in an announcement that it has raised $180 million in new investments, which push its valuation to...

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Bumble Plans To Go Public On The Nasdaq
Bumble Plans To Go Public On The Nasdaq
January 15, 2021  |  IPO

Relationships app Bumble Inc. plans to go public and list its Class A shares on the Nasdaq Global Select Market under the “BMBL” ticker symbol, according...

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Roblox, Digital-First Shopping, QR Codes Top This Week’s News
Roblox, Digital-First Shopping, QR Codes Top This Week’s News
January 15, 2021  |  The Weekender

In this week’s news, we saw Roblox’s plans to go public through a direct listing, consumers’ preferences for a digital-first shopping experience and the rising...

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Nasdaq Debut Gives Poshmark More Than Double Valuation
Nasdaq Debut Gives Poshmark More Than Double Valuation
January 15, 2021  |  IPO

Poshmark saw its valuation more than double following its Nasdaq debut, with shares closing at $101.50, the Wall Street Journal (WSJ) reported on Thursday (Jan....

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Today In Payments: CT AG Launches Antitrust Probe Into Amazon’s eBook Business; Petco’s $864 Million IPO Beats Forecasts
Today In Payments: CT AG Launches Antitrust Probe Into Amazon’s eBook Business; Petco’s $864 Million...
January 14, 2021  |  News

In today’s top news, Connecticut’s Attorney General has opened an antitrust probe into Amazon’s eBook business, and Petco beat expectations in its IPO. Plus, Grab...

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