WeWork IPO’s at $9B Valuation
WeWork has started trading two years after an aborted IPO with a $9B valuation. WeWork, which had just finished merging with BowX Acquisition Corp was listed New York Stock Exchange … Read more
Stock flotation
Telegram to Go Public in Two Years
Russian messenger app Telegram says it plans to go public in two years, with an initial valuation of somewhere between $30-50 million. According to a report out of Russian business … Read more
Shares of Deliveroo Slump 30 Percent in London Stock Exchange IPO Debut
Shares of Deliveroo, a third party delivery service backed by Amazon, fell by 30% in the company’s initial public stock offering on London’s Stock Exchange amidst concerns over its business … Read more
WeWork to Go Public through Merger with BowX Acquisition
WeWork has decided to go public through a merger with special-purpose acquisition company BowX Acquisition Corp in a deal that would value the office-sharing startup at $9 billion, including debt. … Read more
Newly IPOed TrustPilot Faces Federal Class Action Lawsuit for Deceptive Business Practices
Review aggregation service TrustPilot is facing a federal class action lawsuit for deceptive business practices shortly after it received a valuation of $1.49 billion following its initial public stock offering … Read more
Roblox Shares Surge 55 Percent After Direct IPO Listing
The popular video game Roblox debuted on the New York Stock Exchange (NYSE) yesterday as shares skyrocketed 55%, bringing the company’s value to $45 billion almost instantly. Shares of Roblox … Read more
Deliveroo Launches IPO After Surge in Business
British food delivery service Deliveroo announced plans to launch its IPO today following a surge of business for the company during the COVID-19 pandemic. The company is expected to value … Read more
Swedish Food Company ‘Oatly’ Plans IPO
Vegan milk company “Oatly” has filed for an initial public offering with famous backers like Oprah Winfrey and Jay-Z. The Swedish based food and drink company has increased in popularity … Read more
Astra IPO’s at $2.1 billion Valuation
Space venture company Astra received an estimated value of $2.1 billion after a successful rocket launch in December 2020. Astra is the second space venture company to be publicly traded, … Read more