IPO

India’s leading drone manufacturer, IdeaForge Technology, is gearing up to expand its presence in international markets, particularly the US, with the launch of its Initial Public Offering (IPO), Benzinga India reports. Expansion into the US IdeaForge is keen on unlocking the US market,...

Washington D.C.-based CAVA Group, Inc. (NYSE:CAVA) is scheduled to start trading on the New York Stock Exchange on Thursday. What Happened: CAVA, a Mediterranean fast-casual restaurant chain, which has about 263 locations across the U.S., has priced its initial public offering of 14.44 million...

Nvidia Corporation (NASDAQ:NVDA) shares have been on a tear this year, thanks to its exposure to artificial intelligence. The stock is the best-performing S&P 500 stock for the year-to-date period with a gain of about 114%. Ahead of its quarterly results on Wednesday, here's a look at how...

SoftBank Group Corp. (OTC:SFTBY) owned chipmaker Arm Ltd has made a confidential filing with the Securities and Exchange Commission for a listing on the markets in the U.S. What Happened: The Cambridge, United Kingdom-based company, plans to sell its shares on the Nasdaq later in 2023 and aims to...

Cryptocurrency startup Chia Network Inc. announced on Friday that it has taken a significant step towards a U.S. initial public offering (IPO) by confidentially submitting a draft registration statement to the Securities and Exchange Commission (SEC). In 2021, the company was valued at...

Hong Kong-listed shares of Alibaba Group Holding Ltd (NYSE:BABA) crossed the HKD 100 mark on the upside for the first time since Feb. 21, as investors and traders continued to digest a report that said the company’s logistics unit is preparing for an IPO. Price Action: Alibaba shares nudged...

Stripe is looking to raise money again.  After the company admitted to becoming bloated and laid of 14% of its workforce in late 2022, it is now working to raise another round of funding at a valuation of $55 billion. The company was valued at $95 billion in 2021 during the peak of venture...

About 1200 companies are on CB Insights’ widely used list of unicorns — private firms with valuations of $1 billion or more. As a company’s valuation reaches those heights, there’s often speculation about an initial public offering (IPO). One of the most anticipated possible...

Reddit is a news aggregation platform and discussion site that’s popular with Gen Zers and millennials. It provides them with unlimited talking points through subreddits — online community posts within Reddit that discuss set topics, such as movies like “Breaking Bad” or the...

Social media website Reddit reportedly plans to go public in the second half of 2023. What Happened: The company is preparing for the initial public offering while it waits for the market conditions to get better, The Information reported on Tuesday, citing people familiar with the matter. Also...

Shortly after shipping electric vehicles to the U.S., Vietnamese EV maker VinFast Auto Ltd. filed for its initial public offering in the U.S. What Happened: VinFast, on Tuesday, filed a red herring prospectus with the SEC on Form F-1, which is meant for foreign issuers of equity, without stating...

Chinese e-commerce giant JD.com‘s (NASDAQ:JD) fintech arm is eyeing to go public as early as the end of 2022 after a first failed attempt earlier this year. What Happened: JD Technology is looking for Beijing’s market regulators’ approval to go public in Hong Kong, people with...

Intel Corporation (NASDAQ: INTC) has trimmed the initial public offering valuation of its self-driving car unit Mobileye, underlining the struggles of the IPO market amid the sell-off seen in equities. What Happened: Intel is now targeting a valuation under $20 billion and looking to...

Mobileye, a self-driving tech company owned by Intel (NASDAQ: INTC), has just filed for IPO with the SEC under the symbol MBLY. According to the prospectus shared with the SEC, Intel is planning to list Class A common shares while retaining ownership over Class B stocks. Class B stocks have ten...

Key Takeaways: AIM Vaccine is finally landing on the Hong Kong Stock Exchange at its third attempt, but has only issued 0.8% of its total share capital, raising a net HK$70 million The company issued equity incentives worth a whopping 900 million yuan to its chairman before going public, and swung...