The downward dynamics of the first quarter in the public subscription market continued in the second quarter, resulting in a significant decrease in both the number of transactions and revenues. Increased volatility caused by geopolitical tensions and macroeconomic factors, declining valuations and poor post-IPO price performance led to the postponement of many IPOs during the […]
Tag: IPO
At 2009 levels the initial public offering in the UK
Initial public offerings in the UK have started at a slower pace since the global financial crisis, as volatile markets and poor stock market performance have dampened investors’ appetite. IPOs in the UK stood at around $ 530 million this year, the worst first quarter since 2009, according to data compiled by Bloomberg. Only two […]
EV: Record year for the global IPO market in 2021, in view of challenges in 2022
Despite the uncertain environment that promised in 2021, the global public record market enjoyed a remarkable year, recording historically high numbers and revenues, especially in the fourth quarter. In total, 2,388 deals were completed in 2021, generating revenues of $ 453.3 billion, an increase of 64% and 67% respectively on an annual basis. These, and […]
2021 record year of IPOs in the US – Why ‘dark clouds’ appear in view of 2022
2021 may have been a record year for US IPOs, following a sell-off in high-end stocks in the last days of the year, two-thirds of the companies listed on the US stock exchange this year are now trading below the prices of their public subscriptions. According to the Wall Street Journal, traditional IPOs raised more […]
Upcoming Week: Major Earnings Reports & IPOs
The newly proposed economic stimulus package brings optimism to the market. Netflix, Intel, and Schlumberger will be posting fourth-quarter earnings this week while several companies are set to go public including MYT Netherlands that aims to raise $266 million.
Poshmark Announces IPO Pricing At $42 Per Share
Re-commerce firm Poshmark has released its IPO pricing at $42 per share, giving the company an initial valuation of $3 billion. Poshmark is planning to sell 6.6 million shares of Class A common stock on the Nasdaq under the ticker symbol, “POSH”.
Petco Announces IPO Pricing At $18 Per Share, Exceeds Expectations
Pet chain Petco announced the pricing of its IPO of 48 million shares of Class A common stock at a price of $18 per share, beyond the expected range of $14 to $17, valuing the company at $4.6 billion.
EVBox To Become Public Through SPAC Deal With TPG
EVBox, a charging solution provider for electric vehicles, will be acquired by blank check company TPG Pace through a combination of cash and equity. The newly formed EVBox Group will have a value of $1.4 billion. Shares of TPG Pace soared 116% post the announcement.
Wish Aims To Raise $1.1 Billion In IPO
Wish plans to raise $1.1 billion through its Nasdaq IPO by offering 46 million shares in an estimated price range of $22 to $24 per share which could value the company at $14.07 billion at the high end of the range.
Airbnb IPO To Seek $35 Billion Valuation
Airbnb plans to raise $2.6 billion through its initial public offering which could value the company at as high as $34.8 billion. Airbnb aims to sell 51.9 million shares at a price range between $44 and $50 per share, the company said on Tuesday.