News

View the latest business news about the world's top companies

Logo
Western Acquisition Ventures Corp. prices $100million initial public offering

Picture credit: DNA India Western Acquisition Ventures Corp., a newly organized blank-check special purpose acquisition company formed as a Delaware corporation, today announced the pricing of its ini...

By  Hemanth On  2022-01-14 10:41:00
Logo
Private equity firm TPG valued at over $10 billion in first big market debut of 2022

• The private equity firm manages over $109 billion • TPG's net income jumped over fivefold to $1.7 billion for the nine-months ended September 2021 Shares of TPG Inc's (NASDAQ: TPG) rose over 15% on ...

By  Arghyadeep On  2022-01-14 02:39:00
Logo
China Mobile shares surge in Shanghai debut following US delisting

• The shares began trading at 63 yuan, 9.4 percent higher than the offer price • The mobile operator finished marginally above the offer price of 57.58 yuan China Mobile Ltd. made its debut in Shangha...

By  Ishika Dangayach On  2022-01-05 18:27:00
Logo
China introduces new rule for some firms to undergo cybersecurity review before overseas listings

• Internet firms holding the data of more than 1 million users will have to undergo a network security review before overseas IPO from February 15 • The news rules are aimed at firms that carry out da...

By  Arghyadeep On  2022-01-05 01:10:00
Logo
EV battery-maker LG Energy Solution plans bumper IPO in S. Korea to raise up to $10.8 billion

• The IPO is expected to raise around 10.9 trillion to 12.8 trillion Korean won • The EV battery giant is expected to be valued between $51 billion and $59 billion LG Energy Solution Ltd., the manufac...

By  Ishika Dangayach On  2022-01-03 21:15:00
Logo
China Mobile to raise $7.64 billion in Shanghai IPO

• The company plans to offer 845.70 million shares for 57.58 yuan ($9.03) per share • The profits will be used in premium 5G networks, cloud infrastructure, and intelligent ecosystems China Mobile Ltd...

By  Ishika Dangayach On  2021-12-21 18:20:00
Logo
Reddit, a social media platform, confidentially files for IPO

• Reddit was valued at over $10 billion in August, following a private investment round • In Q2 2021, Reddit earned $100 million in advertising revenue, a 192% jump Y-O-Y Reddit announced on Wednesday...

By  Ishika Dangayach On  2021-12-16 19:21:00
Logo
Chinese AI firm, SenseTime, postpones IPO after being placed on the US blacklist

• SenseTime postponed its Hong Kong IPO worth $767 million • Washington categorized the AI firm as one of the "Chinese military-industrial complex companies" Chinese artificial intelligence (AI) compa...

By  Yashasvini On  2021-12-13 22:14:00
Logo
Intel to list Mobileye shares in the U.S. market in 2022

• Intel will list the shares of its self-driving car division via an IPO • The move will reportedly value the company to more than $50 billion Intel announced its plans to publicly list the shares of ...

By  Yashasvini On  2021-12-07 20:55:00
Logo
Mana Capital Acquisition Corp. announces pricing of $62 million initial public offering

Picture credit: Housing Mana Capital Acquisition Corp.  today announced the pricing of its initial public offering of 6,200,000 units at a price of $10.00 per unit. The units are expected to be listed...

By  Hemanth On  2021-11-26 10:39:00
Logo
BeiGene Launches proposed Initial Public Offering on the STAR Market in China

Picture credit: Supchina Cambridge, Mass. and Beijing, China, November 23, 2021 – BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160), a global, science-driven biotechnology company focused on developing innova...

By  Divya On  2021-11-24 10:35:00
Logo
Society Pass (SoPa) announces pricing of US$26 million initial public offering

Picture credit: The Financial express Society Pass Incorporated (Nasdaq: SOPA) ("SoPa" or the "Company"), a leading Southeast Asian data-driven loyalty platform, today announced the pricing of its ini...

By  Hemanth On  2021-11-12 14:35:00
Logo
Stran & Company, Inc. announces pricing of upsized $18.0 million initial public offering and nasdaq listing

Picture credit: The Indian Express Stran &Company, Inc. (NASDAQ: STRN) (NASDAQ: STRNW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive ...

By  Hemanth On  2021-11-12 14:13:00
Logo
EV startup Rivian surges on second day of trading, market cap crosses Ford, GM

• Rivian, which is yet to establish a business model and produce vehicles in high volumes, surpassed both Ford and General Motors by market cap • The EV maker expects to generate revenue of up to $1 m...

By  Arghyadeep On  2021-11-12 02:36:00
Logo
EdTech firm Udemy falls in trading debut after $421 million IPO

• Udemy has a market value of $3.7 billion after its debut, down from $4.3 billion • Corporate customers include companies such as Citi, Jaguar, PayPal, Box Education technology firm Udemy Inc's share...

By  Arghyadeep On  2021-10-30 02:07:00
Logo
WeWork goes public through SPAC merger, stock surges

• WeWork went public on Thursday through a SPAC merger more than two years after its failed IPO • The startup halted its IPO plans in 2019 after investors raised concerns over its business model and i...

By  Arghyadeep On  2021-10-22 01:57:00
Logo
Abu Dhabi owned GlobalFoundries to file U.S. IPO as chip demand surges

Key Points • GlobalFoundries filed a registration statement to SEC for its IPO • The chipmaker is entirely owned by Abu Dhabi's fund Mubadala • It can seek a valuation of $25 billion World's third-lar...

By  Arghyadeep On  2021-10-05 02:59:00
Logo
Insight Acquisition Corp. announces pricing of $240 million initial public offering

Insight Acquisition Corp. (the "Company") today announced the pricing of its initial public offering of 24,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock E...

By  Hemanth On  2021-09-07 03:24:00
Logo
Amazon backed electric vehicle maker Rivian files for IPO

Amazon-backed Rivian, an electric car manufacturer, said that it has submitted a confidentially draft registration form to authorities for an initial public offering (IPO). Rivian, whose key investors...

By  Ishika Dangayach On  2021-08-27 23:57:00
Logo
Trinity Capital Inc. announces closing of public offering of $125 million of its 4.375% notes due 2026

Aug. 24, 2021  –Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), an internally managed business development company, today announced that it closed its public offering of $125 million in aggregate pri...

By  Hemanth On  2021-08-26 00:18:00
Stock View