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Reddit Eyes 2024 IPO Amid Volatile Market, Estimates $15B Valuation: Report
Tuesday, November 28, 2023 - 5:08am | 499San Francisco-based social media giant, Reddit Inc., is reportedly engaging in discussions with potential investors for an initial public offering (IPO) that could take place as early as 2024. Insiders privy to the matter disclosed that Reddit, whose user base played a significant...
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Bithumb's Ambitious Plan To Go Public A Game-Changer For The Crypto Market?
Monday, November 13, 2023 - 10:57am | 631South Korea-based crypto exchange Bithumb announced its plan to go public, eyeing an Initial Public Offering (IPO) in the second half of 2025. This significant development arrives as the industry looks forward to discussions at Benzinga's Future of Digital Assets conference on Nov. 14, where...
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Circle Stablecoin Success: Could It Be Paving The Way For A Publicly Traded Empire?
Wednesday, November 8, 2023 - 1:54pm | 751Circle Internet Financial, the firm behind the widely used USD Coin (CRYPTO: USDC) stablecoin, is reportedly exploring a transition into a publicly traded company as early as 2024. Insiders who have elected to remain unnamed due to the private nature of their disclosures indicate the company...
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IPOs Were Crushed This Year — And Venture Capitalists Are Worried
Saturday, October 21, 2023 - 12:47pm | 911Since 2021, initial public offerings have been a rollercoaster, with market volatility shaking the foundations of the traditional IPO landscape. Numerous companies debuted on the U.S. stock market with valuations over $10 billion in 2021, only to see their worth collectively dive by...
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Gensler Compares Bitcoin ETF Review To IPO Process, Says SEC Is Working On Them
Wednesday, October 18, 2023 - 4:57pm | 538U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler on Wednesday confirmed the agency's staff is actively working on several Bitcoin (CRYPTO: BTC) Exchange-Traded Fund (ETF) filings. This disclosure was a part of the broader regulatory review process aimed at ensuring that these...
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Birkenstock Prices IPO At $46 Per Share: Everything You Need To Know About The German Shoemaker
Wednesday, October 11, 2023 - 11:44am | 719German shoemaker Birkenstock Holding Plc (NYSE: BIRK) is set to make its public debut on the New York Stock Exchange Wednesday after pricing its initial public offering at $46 per share. Here's what you need to know as shares start walking. IPO Details: Birkenstock and private-equity...
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Is ARM Holdings Stock Going To Pay Dividends?
Monday, September 18, 2023 - 12:30pm | 631As Arm Holdings PLC - ADR (NASDAQ: ARM) enters its third day of trading on the open markets, after staging the year's biggest initial public offering on Thursday with a valuation of $54.5 billion, investors may be wondering if the company is planning on returning capital to shareholders...
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The Biggest IPOs Of All Time — And 5 Recent Success Stories
Tuesday, September 12, 2023 - 4:13pm | 850Even though the global initial public offering (IPO) market is slowing, some of the companies with the biggest IPOs of all time are still going strong. That's in addition to recent IPOs that have generated massive returns for investors. Don’t Miss: Until 2016, it was illegal for retail...
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Golf Startup Surges 600% And Becomes The Year's Biggest IPO
Friday, September 8, 2023 - 10:59pm | 677For a startup company, there aren't too many things more exciting than progressing to the point where it can make an initial public offering (IPO). But seeing the shares surge over 600% in the first day of trading and having the biggest IPO of 2023 might match that excitement. That's what happened...
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SoftBank's Arm Reveals IPO Ambitions With Close To $54 Billion Valuation
Sunday, September 3, 2023 - 12:30pm | 544In an ambitious move, Arm Holdings Ltd, a leading chip designer under the banner of SoftBank Group Corp (OTCMKTS: SFTBY), is setting the stage for its initial public offering (IPO) next week. What Happened: The company hinted at a share price bracket of $47 to $51, insiders revealed to Reuters...
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China's Strategic Financial Overhaul Targets Stock Market Revival
Sunday, August 27, 2023 - 3:04pm | 353In a strategic move to reinvigorate its stock market, China has unveiled a series of financial measures, including a significant cut in the stamp duty on stock trades and a slowdown in the introduction of initial public offerings (IPOs). What Happened: Beginning August 28, the stamp duty on...
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Navigating Initial Public Offerings (IPOs): Why Investors Should Proceed With Caution
Thursday, July 27, 2023 - 12:33pm | 1082Companies usually start out as ‘privately held’, owned by the company’s founders and other private investors. But there might come a time when the company goes public, via an initial public offering (IPO). A few reasons why a company would consider going public: to raise money,...
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Oddity Tech's AI-Powered Debut Sparks Optimism For '23 IPO Market
Thursday, July 27, 2023 - 9:42am | 803The better-than-expected June public offering of restaurant operator Cava Group Inc. (NYSE: CAVA) provided a needed lift for a dormant IPO market. Shares are up 135% from the company's IPO price of $22. Its market capitalization is currently $5.876 billion. A glance at the Cava Group...
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AI-Driven Beauty Company Oddity Tech Soars 40% In Market Debut
Wednesday, July 19, 2023 - 4:57pm | 664AI-driven beauty and wellness company, Oddity Tech (NASDAQ:ODD), made a stunning debut on the public market, with its shares soaring 40% above the initial public offering (IPO) price. CNBC reported the company reached an approximate market valuation of $2.8 billion as of midday trading on...
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Jack Ma-Backed Ant Group To Buy Back Shares At 70% Lower Valuation Than At IPO
Saturday, July 8, 2023 - 11:05am | 606Billionaire Jack Ma-backed Ant Group Co. is planning to buy back as much as 7.6% of shares to retain skilled individuals and offer an exit to investors who have been impacted by the company's regulatory obstacles. According to a report by Bloomberg on Friday,...