In Brief Corporate travel management company Navan — once known as TripActions — filed updated IPO documents with the U.S. Securities and Exchange Commission on Friday, even though the federal government is currently shut down.  Navan is proceeding under new SEC rules that allows wanna-be public companies that are in limbo during the shutdown to file updated information, including share count and pricing, and have their statements automatically okayed in 20 days without staff scrutiny. Once the filings are ...

Corporate travel and expense company Navan said on Friday it was targeting to raise as much as $960 million in its initial public offering in the United States. ...

Group 1: Pepco Holdings, Inc. IPO - Pepco Holdings, Inc. is preparing for an initial public offering (IPO) on NASDAQ, planning to offer 5 million shares at a price of $4 each [1] - The IPO strategy mirrors that of POMDOCTOR LIMITED, which is also offering 5 million American Depositary Shares (ADSs) at the same price [1] Group 2: POMDOCTOR LIMITED IPO Details - POMDOCTOR LIMITED's IPO aims to raise approximately $20 million before expenses, with underwriters having the option to purchase an additional 750,000 ADSs within 45 days, potentially increasing total proceeds [2] - The ADSs will trade on the Nasdaq Global Market under the ticker "POM" starting October 8, 2025 [3] Group 3: POM Stock Performance - The current price of NYSE:POM is $14,500, reflecting a decrease of 1.03% or $150, with a trading range today between $14,350 and $14,650 [3] - Over the past year, POM has experienced significant price fluctuations, with a high of $21,500 and a low of $12,250, indicating volatility [3] - The trading volume for POM is 225,100 shares, suggesting active interest and liquidity in the market [3]

Wall Street's top regulator on Thursday eased the way for companies to proceed with initial public offerings during the federal government's shutdown, according to an announcement on its website. ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: U.S. initial public offerings surged during the third quarter, generating $15.9 billion in proceeds or nearly double the Q2 total as stock markets rebounded and investors grew more accustomed to the risk of global turmoil, EY said Thursday. “Investors increasingly view geopolitical risk as part of the ‘new normal,’ no longer a singular shock but a persistent b ...

MINNEAPOLIS, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Jefferson Capital, Inc. (NASDAQ: JCAP), a leading analytically driven purchaser and manager of charged-off and insolvency consumer accounts, today announced that Chairman and Chief Executive Officer David Burton will ring the Nasdaq Stock Market Opening Bell on Friday, October 10, 2025, to commemorate the company’s recent initial public offering. Jefferson Capital’s corporate officers, other executives and several members of its board of directors will also par ...

Binance. Photo by BeInCrypto PayPay, Japan's Softbank-backed mobile payment service with over 70 million users, has secured a 40% stake in crypto exchange Binance Japan. The investment makes PayPay the largest single shareholder in Binance Japan, significantly influencing the exchange's management and strategic direction. Regulatory Compliance Takes Center Stage The two companies plan to introduce integrated services allowing PayPay users to purchase cryptocurrencies using their PayPay Money balances. ...

Core Insights - Canara Robeco Asset Management Company has raised ₹398 crore from anchor investors ahead of its initial public offering (IPO) [1][2] - The IPO is valued at approximately ₹5,300 crore at the upper price band of ₹266 per share, with a total offering of 4.98 crore equity shares [3][4] Company Overview - Canara Robeco is the second oldest asset manager in India, established in 1993, and is a joint venture between Canara Bank and Robeco, which is now part of Orix [5] - The company primarily focuses on managing mutual funds and providing investment advice on Indian equities [5] IPO Details - The IPO will open for subscription from October 9 to October 13, 2025, with a price band set between ₹253 and ₹266 per share [3][6] - The offering is entirely an offer for sale (OFS), with no fresh issue component, meaning the proceeds will go to the selling shareholders [4] - The allocation of shares in the IPO includes 50% for qualified institutional buyers (QIBs), 35% for retail investors, and 15% for non-institutional investors [6] Shareholder Structure - The promoters, Canara Bank and ORIX Corporation Europe N V, will offload 2.59 crore and 2.39 crore shares, respectively [4] - Canara Bank holds a 51% stake in Canara Robeco, while Orix Corporation holds the remaining stake [4]

Canara Robeco Asset Management Company’s Rs 1,326 crore initial public offering (IPO) opens today for the public and concludes on October 13. The firm has set a price band of Rs 253 to Rs 266 per share for the IPO. The lot size is 56 shares.The IPO is a completely an offer for sale (OFS) of 4.98 crore equity shares with no fresh issue component. Under the OFS, promoters -- Canara Bank and ORIX Corporation Europe N.V. (previously known as Robeco Groep N.V.) -- will offload 2.59 crore shares and 2.39 crore s ...

Key TakeawaysU.S. and Middle East officials are expressing cautious optimism that a deal to end the Gaza conflict could be reached this week, with U.S. envoys actively engaged in ongoing talks in Egypt.The U.S. government shutdown has entered its second week after the Senate repeatedly rejected both Republican and Democratic funding bills, leaving no clear path to resolution.Alphabet (GOOGL, GOOG) is committing an additional €5 billion over two years to expand its AI infrastructure in Belgium, including dat ...