Initial Public Offering (IPO)

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Verisure IPO to Take Place in 'Next Few Weeks,' CEO Says
Yahoo Finance· 2025-09-17 10:20
Alarm firm Verisure Plc announced it's planning to raise about 3.1 billion ($3.7 billion) via an initial public offering in Stockholm, a highly anticipated listing that could be Europe's largest such deal in three years. Founded in 1988 in Sweden, the company develops monitored security systems for households and small businesses in Europe and Latin America. Speaking on Bloomberg Television, CEO Austin Lally says the offering will take place in the "next few weeks." ...
Ethereum Treasury Firm The Ether Machine Files to Go Public in the US
Yahoo Finance· 2025-09-17 07:56
Core Viewpoint - The Ether Machine is advancing its plans to go public through a merger with SPAC Dynamix Corporation, having filed a draft registration statement with the SEC [1][3]. Group 1: Merger Details - The filing was submitted on Form S-4 and pertains to the proposed merger with Dynamix Corporation, which trades on Nasdaq under the ticker ETHM [3]. - The merger is expected to close in Q4, pending shareholder approval at Dynamix's upcoming extraordinary general meeting [3]. Group 2: Financial Growth and Reserves - The Ether Machine has rapidly increased its ETH reserves, adding 150,000 ETH in August, bringing total holdings to 495,362 ETH [4]. - The total ETH holdings are currently valued at approximately $2.16 billion, making the company the third-largest corporate holder of Ethereum [8]. - The company has raised over $800 million from institutional and strategic investors, with a significant contribution of 169,984 ETH valued at around $741 million from co-founder Andrew Keys [5][8]. Group 3: Future Prospects - The Ether Machine has approximately $367.1 million available for further acquisitions, assuming no shareholder redemptions [6]. - The company initially aimed to raise over $1.5 billion and has adjusted its fundraising strategy while maintaining a substantial stockpile of Ethereum [5].
StubHub Announces Pricing of Initial Public Offering
Prnewswire· 2025-09-16 23:35
Accessibility StatementSkip Navigation NEW YORK, Sept. 16, 2025 /PRNewswire/ -- StubHub Holdings, Inc. ("StubHub"), a leading global secondary ticketing marketplace for live events, today announced the pricing of its initial public offering of 34,042,553 shares of its Class A common stock at a public offering price of $23.50 per share. In addition, StubHub has granted the underwriters a 30-day option to purchase up to an additional 5,106,382 shares of its Class A common stock at the initial public offering ...
StubHub to price IPO at $23.50, valuing company at $8.6 billion
CNBC· 2025-09-16 22:57
The StubHub logo is seen at its headquarters in San Francisco.Online ticket platform StubHub is pricing its IPO at $23.50, CNBC's Leslie Picker confirmed on Tuesday.The pricing comes at the midpoint of the expected range that the company gave last week. At $23.50, the pricing gives StubHub a valuation of $8.6 billion. StubHub will trade on the New York Stock Exchange under the symbol "STUB." The San Francisco-based company was co-founded by Eric Baker in 2000, and was acquired by eBay for $310 million seven ...
Cybersecurity provider Netskope boosts IPO range as it tests tech hotstreak
CNBC· 2025-09-16 17:32
Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California.Netskope is targeting a $7.3 billion valuation in its upcoming initial public offering, after lifting its planned price range.The cybersecurity company said it plans to sell 47.8 million shares at between $17 and $19 apiece. The deal would raise as much as $908 million at the top end.That's up from a previous range of $15 to $17 a share the company revealed in ...
Groww files updated draft papers for around ₹7,000 crore IPO
MINT· 2025-09-16 15:31
Company Overview - Groww has filed an updated draft red herring prospectus with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) of approximately ₹7,000 crore, aiming to raise fresh capital of ₹1,050 crore, while ₹5,000-6,000 crore will be from the offer for sale component [1] - The founders own 27.96% of the company and have a 20% lock-in period for one and a half years from the listing date, offering to sell about 0.07% of the total shares in the IPO [2] - The size of the IPO has been reduced from an initial expectation of ₹8,300 crore, reflecting a trend among several companies to lower their issue sizes amid muted investor feedback and lower valuations [3][4] Financial Performance - Groww's profit surged over threefold in FY25 to ₹1,819 crore, compared to ₹545 crore in FY24, with revenue increasing to ₹4,056 crore, marking a 31% rise over FY24 [6] Strategic Moves - In May, Groww signed an agreement to acquire wealth-tech startup Fisdom for around $150 million in an all-cash deal [5] - The company is likely to use the minor primary funding for expanding its margin trade facility, unsecured lending, and wealth management segments, and may explore inorganic growth opportunities in these areas [3] Investment and Valuation - Following funding from GIC, Groww was valued at $7 billion, with a total of $393.3 million raised in funding to date [5][6] - The company had previously announced a $251 million series E round at a $3 billion valuation in October 2021 [6] Corporate Structure - Groww was founded in 2016 and has relocated its parent entity from Delaware, US, to Bengaluru, making Billionbrains Garage Ventures the primary Indian company [7]
Cybersecurity firm Netskope lifts IPO price range, eyes $7.3 billion valuation
Reuters· 2025-09-16 12:27
Cybersecurity firm Netskope raised the proposed price range for its U.S. initial public offering and is now aiming for a valuation of up to $7.26 billion, it said on Tuesday. ...
Black Rock Coffee Bar: Too Hot For My Taste
Seeking Alpha· 2025-09-16 01:00
Group 1 - Black Rock Coffee Bar (NASDAQ: BRCB) has experienced a successful public offering, attracting attention in the coffee bar market with its offerings of both hot and cold drinks [1] - The company operates in selected markets, indicating a targeted approach to its customer base [1] - The investing group "Value In Corporate Events" focuses on identifying opportunities in major corporate events such as IPOs, mergers & acquisitions, and earnings reports, providing coverage of 10 significant events monthly [1]
Canva won’t be listing on the ASX when it does finally go public
The Market Online· 2025-09-16 00:51
Canva’s long-expected IPO won’t be on the ASX, with the Nasdaq composite making “more sense” for the $65 billion software company whenever it finally decides to go public – and even that won’t be anytime soon.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.“I don’t think it would make sense for us,” Canva co-founder and chief executive Cliff Obrecht said on the ASX listing today. “The majority of our inv ...
Hang Feng Technology Innovation Co., Ltd. Announces Closing of Initial Public Offering
Globenewswire· 2025-09-15 15:45
Hong Kong, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Hang Feng Technology Innovation Co.,Ltd. (Nasdaq: FOFO) (the “Company” or “Hang Feng”), a Hong Kong-based company providing comprehensive corporate management consulting and asset management services, today announced the closing of its initial public offering (the “Offering”) of 1,375,000 ordinary shares, par value $0.0001 per share, at a public offering price of US$4.0 per share. The ordinary shares began trading on the Nasdaq Capital Market on September 12, 20 ...