IPO News
Chinese AV startup Pony AI boosts its IPO goal to $260M
Pony AI, the Chinese autonomous vehicle startup that's looking to go public on the Nasdaq stock exchange, now wants to raise around $260 million, according to a new regulatory filing.
ServiceTitan Begins IPO Push On Growth And Operating Losses
ServiceTitan is growing revenue impressively but faces substantial operating losses, though these losses are moderating over time. The company plans to raise $100 million in an IPO to redeem non-conve...
Chinese robotaxi firm Pony AI seeks to raise up to $260 mln in upsized US IPO
Chinese autonomous driving firm Pony AI said on Wednesday it was targeting to raise up to $260 million in its upsized initial public offering in the United States.
MasterBeef Seeks U.S. IPO On Dropping Revenue
MasterBeef seeks $7.5M in IPO amid declining revenue and lower cash flow due to restaurant divestitures and rising staff expenses. The company plans to use IPO proceeds for restaurant expansion, marke...
Delivery Hero Aims to Raise Around $1.5 Billion in Talabat IPO
The online delivery company set the share price at about $0.41 to $0.44, for the IPO of 15% of Talabat's issued share capital.
IPO: Favorable Capital Markets In 2025 Not Yet A Tailwind (Rating Downgrade)
The IPO market has been sluggish for almost three years due to elevated global yields and macroeconomic uncertainties, despite a peak in early 2021. I am downgrading the Renaissance IPO ETF from a buy...
U.S. IPO Weekly Recap: One Micro-Cap Lists And More Enter Pipeline, As Peak Resources Postpones Its IPO
One micro-cap and one SPAC listed this past week, after oil and gas producer Peak Resources postponed its $66 million IPO at the eleventh hour. Eight small IPOs submitted initial filings this past wee...
Smart Digital Group Readies $7.5 Million U.S. IPO Plan
Smart Digital Group Limited is seeking to raise $7.5 million in a U.S. IPO. The company has shown recent strong revenue growth but faces significant customer concentration risk and intense competition...
Sezzle and Expensify Jump After Earnings to Spur 4.3% FinTech IPO Index Rally
Stocks took a breather on Thursday (Nov. 14), but the general trend of the FinTech IPO Index was up and to the right. This week, as has been seen through the last several weeks, earnings continued to ...
Chinese autonomous driving startup Pony AI seeks up to $224M in US IPO
Pony AI is inching closer to its initial public offering in the U.S., but as it does so, it continues to drop its minimum target for what it hopes to raise in the transaction.
High Roller Technologies Inc. Plans to File its Third Quarter Form 10-Q Within 45-Days of the Effective Date of its IPO Registration Statement, as Permitted by Exchange Act Rules
Exchange Act Rules 13a-13(a) and 15d-13(a), Estimated on or Before December 6, 2024 Company Pre-announces Consecutive Q3 over Q2 Revenue Growth of 30% Las Vegas, Nevada, Nov. 14, 2024 (GLOBE NEWSWIRE)...
Chinese robotaxi firm Pony AI seeks up to $4.5 bln valuation in US IPO
Chinese autonomous driving firm Pony AI said on Thursday it was targeting a valuation of up to $4.48 billion in its initial public offering in the United States.
Knorex Ltd. Seeks $12 Million U.S. IPO On High Cash Burn
Knorex Ltd. seeks to raise $11.9 million in a U.S. IPO. Knorex provides a programmatic buy-side digital advertising platform, primarily serving the Asian market, with over 6,500 customers since incept...
Telecoms group VEON mulls U.S. IPO for Ukraine's Kyivstar
Telecoms group VEON is considering an initial public offering (IPO) for its Ukrainian unit Kyivstar on Nasdaq in the U.S. as early as next year, CEO Kaan Terzioglu said on Thursday.
Invizyne's Nasdaq IPO Marks New Era of Biomanufacturing
Underlying technology demonstrates the use of enhanced enzyme systems outside of cells can bypass many of the limitations associated with traditional cell-based synthetic biology Underlying technology...
Prosus eyes PayU IPO in 2025 after stellar Swiggy listing
Prosus aims to list fintech firm PayU in 2025 as the Dutch investor looks to shift more focus to India. On Wednesday it described the market as a pillar for its investment business after the stellar l...
SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
SoftBank reported a $7.7 billion quarterly profit on Tuesday after a loss last year. Gains in its tech bets come as it prepares to invest further in AI and eyes future IPOs.
Fortinet to Host Analyst Day on its 15-Year IPO Anniversary
SUNNYVALE, Calif., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Ken Xie, Founder, Chairman of the Board, and Chief Executive Officer at Fortinet “As we celebrate the 15th year anniversary of our IPO, we reflect ...
SoftBank expected to book $1.87 bln profit on IPOs
Japanese technology investor SoftBank Group is expected to report a 287 billion yen ($1.87 billion) quarterly profit on Tuesday, boosted by successful portfolio company listings even as a stronger yen...
U.S. IPO Weekly Recap: No IPOs, But The Pipeline Gets A Couple Updates
The IPO market was quiet as expected during election week, with only one nano-cap (Aduro Clean Technologies) and two SPACs (GSR III Acquisition and Willow Lane Acquisition) completing listings. The bi...
RedCloud Holdings Rolls Out IPO On High Growth And Heavy Losses
RedCloud Holdings plc aims to raise $86.25 million via IPO to fund its working capital needs, debt repayment, and market expansion plans. The company is growing revenue rapidly but incurring high oper...
Columbia Seligman Premium Technology Growth Fund Announces a Fourth Quarter Distribution: 9.25% Annual Rate for IPO Investors
BOSTON--(BUSINESS WIRE)--Today, Columbia Seligman Premium Technology Growth Fund, Inc. (NYSE: STK) (the Fund) declared a fourth-quarter distribution, pursuant to its managed distribution policy, in th...
Rivian's quarterly revenue slumps for first time since IPO
Rivian posted its first drop in quarterly revenue on Thursday since the electric vehicle maker went public three years ago.
Skycorp Solar Group Seeks U.S. IPO On Shaky Revenue And Low Margins
Skycorp Solar plans to raise $12.15 million in a U.S. IPO for its growth plans. The company targets the solar PV and high-performance computing markets, but has shown fluctuating financial performance...
EV maker Rivian may report first quarterly revenue drop since IPO
Rivian is expected to report on Thursday its first drop in quarterly revenue since going public three years ago, after a shortage of parts forced the maker of electric SUVs and pickups to slash its 20...
PicoCELA Seeks High Valuation U.S. IPO On Worsening Operating Results
PicoCELA Inc. has filed to raise $10 million in a U.S. IPO to fund inventory and product R&D. The company faces intense competition, significant supplier and customer concentration risks, and operates...
The Growhub Needs Growth Help For $12 Million IPO
The Growhub Limited has filed proposed terms for a $12.3M U.S. IPO. TGHL offers blockchain-based food traceability solutions, but suffers from high customer concentration and fluctuating financial per...
New Preferred Stock And Exchange Traded Debt IPOs, October 2024
September saw two new convertible preferred stock offerings, one term preferred offering, and one Exchange Traded Debt (ETD) offering, with yields ranging from 6% to 8.125%. Here is a comparison again...
Transten Global Group Starts U.S. IPO Process
Transten Global Group has filed to raise $10 million in a U.S. IPO, although the final amount may differ. The company provides supply chain logistics services in China and overseas. TTG is growing top...
Reddit Stock Rockets 42% As Company Posts First Profit Since IPO And Makes Its Case As An AI Winner
Reddit stock zoomed 42% Wednesday after the tech firm posted a surprise quarterly profit, its first since going public last March. Shares finished at $116.
DoorDash Posts First Quarterly Profit Since IPO, Launches Partnership With Lyft
DoorDash reported its first quarterly profit since going public in 2020, and launched a partnership with Lyft, as the two companies combine forces against common rival Uber.
Uni-Fuels Holdings Seeks U.S. IPO Despite Low Margins And High Valuation
Uni-Fuels Holdings has filed to raise $13.5 million in a U.S. IPO. The firm sells and brokers marine fuel in ports worldwide. UFG produces very low margins and is seeking an ultra-high valuation at IP...
Aegis Capital Corp. Acted as Sole Bookrunner on a $4.2 Million (IPO) Initial Public Offering for Polyrizon Ltd. (NASDAQ: PLRZ)
NEW YORK, NY / ACCESSWIRE / October 30, 2024 / Aegis Capital Corp. acted as Sole Bookrunner on a $4.2 Million (IPO) Initial Public Offering for Polyrizon Ltd. (NASDAQ:PLRZ).
OneStream: Plenty Of Momentum Behind This Finance Software IPO
OneStream, a finance software company, went public at $20 per share and has since rallied, showcasing 30%+ revenue growth amid tighter business conditions. The company offers a comprehensive financial...
Parsons Reports Record Results Since IPO for the Third Quarter of 2024
Q3 2024 Financial Highlights Record revenue of $1.8 billion increases 28% year-over-year Record organic revenue growth of 26%, including six consecutive quarters with year-over-year organic growth abo...
Park Ha Biological Aims For U.S. IPO At Sky-High Valuation
Park Ha Biological Technology Co., Ltd. seeks $6 million in an IPO, but has wildly excessive valuation expectations given its small size and fluctuating financial metrics. The company faces numerous r...
S&P Global Market Intelligence Quarterly Report Finds Global M&A Continues to Rebound while IPO Activity Continues to Falter in Q3
NEW YORK , Oct. 29, 2024 /PRNewswire/ -- Trends for global M&A and IPO activity continue to diverge, according to S&P Global Market Intelligence's newly released Q3 2024 Global M&A and Equity Offering...
The World's First IPO of Universal Autonomous Driving Technology Company! WeRide Officially Listed on Nasdaq
NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- WeRide, the leading global commercial-stage company, was officially listed on the Nasdaq Global Select Market under the ticker symbol "WRD." Upon listing, W...
Lulu Retail seeks to raise up to $1.43 bln in biggest UAE IPO this year
Lulu Retail Holdings, which runs one of the Middle East's biggest hypermarket chains, is seeking to raise as much as 5.27 billion dirhams ($1.43 billion) in what is set to be UAE's biggest initial pub...
U.S. IPO Weekly Recap: Sizable Tech And Biotech IPOs Are Joined By A Flurry Of Small Names
Three sizable IPOs priced this past week, joined by a flurry of small issuers and blank check companies - Ingram Micro, Septerna, and WeRide. Several small issuers also listed this past week, includin...
Qiming Venture Partners Celebrates WeRide's IPO on Nasdaq
SHANGHAI , Oct. 25, 2024 /PRNewswire/ -- On October 25 th, 2024, Beijing Time, WeRide, a world-leading autonomous driving company and Qiming Venture Partners' portfolio company, began trading on Nasda...
Chinese self-driving firm WeRide raises $120 million in US IPO
Chinese self-driving firm WeRide said on Friday it has raised $120 million in its U.S. initial public offering.
Ingram Micro IPO: Major tech product distributor debuts on NYSE today after pricing its stock within target range
Ingram Micro Holding Corporation is having its initial public offering today. If you haven't heard of Ingram Micro before, it's because much of what the company does is behind the scenes, yet it's one...
Goldman-backed drug developer Septerna targets $743 mln valuation in upsized US IPO
Goldman Sachs-backed drug developer Septerna said on Thursday it was seeking a valuation of $743.1 million in its upsized initial public offering in the United States.
VCI Global Completes Founder Group Limited's IPO on Nasdaq, Records US$5.2 Million in Revenue
KUALA LUMPUR, Malaysia, Oct. 24, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global” or the “Company”) is thrilled to announce the successful IPO of its client, F...
Platinum Equity's Ingram Micro raises $233 mln in US IPO
Ingram Micro priced its U.S. initial public offering at $22 per share, within its targeted range of $20 and $23 on Wednesday, raising $233.1 million, the technology distributor said.
Chinese self-driving startup WeRide files for $440 mln U.S. IPO
Chinese self-driving startup WeRide has filed for an up to $439.9 million initial public offering on Nasdaq, according to a term sheet seen by Reuters on Wednesday.
Intercont's IPO Plans Highlight Falling Revenue And Excessive Valuation
Intercont (Cayman) Limited has filed proposed terms for a $30 million U.S. IPO. The company faces significant operating and regulatory risks, with high revenue concentration from just two customers. N...
Skyline Builders Group Targets $6 Million U.S. IPO On Excessive Valuation
Skyline Builders seeks $6 million from an IPO but seeks a high valuation at IPO on low margin. The company has moderate revenue growth but significant revenue concentration risk. The Hong Kong infrast...
Hyundai Motor India Shares Slump As Trading Begins In Asia's Biggest IPO Of The Year
Shares of Hyundai Motor India, the Indian arm of South Korean billionaire Euisun Chung's car maker Hyundai Motor Company, slumped in its highly anticipated stock market debut in India on Tuesday.