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HR tech firm Rippling raises new funding at $16.8 billion valuation, no IPO plans
Reuters· 2026-05-09 17:02AI Processing
Core Insights - Rippling, an HR software startup, raised $450 million in Series G funding, achieving a valuation of $16.8 billion, focusing on global revenue growth over immediate profitability [1][4][5] Funding and Valuation - The funding round included participation from notable investors such as Y Combinator, Elad Gil, Sands Capital, GIC, and Goldman Sachs Growth [2] - The new valuation of $16.8 billion marks an increase from the previous valuation of $13.5 billion in early 2024 [4] Employee Equity and IPO Plans - Rippling plans to repurchase up to $200 million of equity from current and former employees through a tender offer, which may become an annual event [2][3] - The CEO stated that the company does not have immediate plans for an IPO, emphasizing the need for profitability before considering going public [4][6] Business Performance and Strategy - Rippling has surpassed $100 million in annual recurring revenue and serves over 20,000 customers with a suite of more than 20 products [5] - The company is prioritizing growth over profitability, indicating a strategic choice to expand rapidly rather than slow down for immediate profit [6] Legal Challenges - Rippling is involved in ongoing legal disputes with competitor Deel, including allegations of corporate espionage, which have raised questions about competitive practices in the tech industry [7][8]
ADMA Biologics, Inc. (ADMA) Crashes 16% Amid Scrutiny Over Skyrocketing Days Sales Outstanding That Short Seller Claims Points to Improper Channel Stuffing, Hagens Berman Investigating
Globenewswire· 2026-03-28 01:34
SAN FRANCISCO, March 27, 2026 (GLOBE NEWSWIRE) -- Investors in ADMA Biologics, Inc. (NASDAQ: ADMA) saw the price of their shares slide over 16% on March 24, 2026 on short seller Culper Research's report, "ADMA Biologics Inc. (ADMA): Channel Stuffing, an Undisclosed Related Party Distributor, and -3.5% Real Growth in 2025 vs. +20% Reported." The developments have prompted national shareholders rights firm Hagens Berman to investigate whether ADMA may have violated the federal securities laws. The firm urges ...
Hertz Energy Inc. Announces Closing of First Tranche of LIFE and Flow-Through Offering for Gross Proceeds of $1,000,000 and Extension of Private Placement
Thenewswire· 2026-03-28 01:30
VANCOUVER, B.C. – TheNewswire - March 27, 2026 - Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: QE2) ("Hertz Energy", the "Company" or the "Issuer") is pleased to announce, further to its news release dated February 10, 2026, the Company has closed a first tranche of its non-brokered private placement offering issuing an aggregate 2,330,000 units of the Company for gross proceeds of $1,000,000, as part of the announced LIFE Offering of up to 5,000,000 units of the Company (the "Units") at a price of $0.40 ...
Osisko Development Reports Fourth Quarter and Year-End 2025 Results
Globenewswire· 2026-03-28 01:20
(All dollar amounts are expressed in Canadian dollars, unless stated otherwise) HIGHLIGHTS Q4 2025 (at December 31, 2025) Financial: ~$422.3 million in cash and cash equivalents; sold 3,970 ounces of gold from small-scale mining activities at the Tintic ProjectFinancing: Completed a private placement financing for ~$82.5 million in gross proceedsCariboo Gold Project: Released new infill drill results from the ongoing program in the Lowhee Zone and commenced a multi-faceted surface exploration program target ...
Carnival Reports Record Q1 Sales: Are Cruise Stocks Oversold?
ZACKS· 2026-03-28 01:05
Cruise stocks have pulled back sharply as investors weigh the risk of travel disruptions stemming from the war in Iran, which has largely spilled over into the broader market outside of the transportation sector.Optimistically, Carnival Corporation (CCL) reported favorable Q1 results on Friday, highlighting record revenue and bookings, stronger-than-expected yields, and the launch of its long-term PROPEL Strategy (“Powering Growth and Returns, Responsibly”).  Although Carnival is off to a strong start to th ...
Meta's longtime content policy chief Bickert leaving to teach at Harvard
Reuters· 2026-03-28 01:03
Meta's longtime content policy chief Bickert leaving to teach at Harvard | Reuters Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Reporting by Jeff Horwitz; Editing by Peter Henderson and William Mallard Our Standards: The Thomson Reuters Trust Principles., opens new tab SAN FRANCISCO, March 27 (Reuters) - Meta's long-time content policy chief Monika Bickert, who oversaw the writing and enforcement of Facebook's content policies and had a role in the company's ...
CopAur Minerals to Provide a Kinsley Mountain Update on the Emerging Growth Conference on April 2nd, 3:40 - 3:50 pm Eastern Time
TMX Newsfile· 2026-03-28 00:47
Vancouver, British Columbia--(Newsfile Corp. - March 27, 2026) - Andrew Neale, CEO of CopAur Minerals Inc. (TSXV: CPAU) (the "Company") invites individual and institutional investors as well as advisors and analysts, to attend the Company's real-time, interactive presentation on the Emerging Growth Conference on April 2nd, 2026. This live, interactive online event will provide an update on developments at the Kinsley Mountain Gold Project. CopAur Minerals will be presenting at 3:40 pm Eastern time for 10 m ...
Is Tecnoglass Stock a Buy After Energy Holdings Scooped Up Shares Worth $13.1 Million?
The Motley Fool· 2026-03-28 00:46
Energy Holding Corp, a 10% owner of Tecnoglass (TGLS +0.62%), reported the purchase of 306,666 shares of Common Stock in multiple open-market transactions from March 9, 2026 through March 11, 2026, as disclosed in a SEC Form 4 filing. Transaction summary | Metric | Value | | --- | --- | | Shares traded | 306,666 | | Transaction value | $13.1 million | | Post-transaction shares (direct) | 20,516,756 | | Post-transaction value (direct ownership) | ~$918.3 million | Transaction value based on SEC Form 4 weight ...
Stoke Therapeutics Stock Up 340% as Chair Sells $174K in Shares
The Motley Fool· 2026-03-28 00:32
Arthur Tzianabos, the chair of Stoke Therapeutics (STOK 2.52%), disclosed the direct sale of 4,355 shares of Common Stock for a transaction value of approximately $174,000 on March 10, 2026, according to a SEC Form 4 filing. Transaction summary | Metric | Value | | --- | --- | | Shares sold (direct) | 4,355 | | Transaction value | ~$174,000 | | Post-transaction common shares (direct) | 31,339 | | Post-transaction value (direct ownership) | ~$1.20 million | Transaction value based on SEC Form 4 weighted aver ...
Miata Metals Announces Grant of Stock Options
Globenewswire· 2026-03-28 00:20
VANCOUVER, British Columbia, March 27, 2026 (GLOBE NEWSWIRE) -- Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) (OTCQX: MMETF) (“Miata” or the “Company”) wishes to announce that its Board of Directors has approved a grant of an aggregate of 450,000 stock options (“Options”) to certain employees and consultants of the Company, in accordance with Miata’s Omnibus Incentive Equity Plan (the “Omnibus Plan”). The Options vest 50% at six months and 50% at twelve months and have a three-year term from the date of grant, ...