Initial Public Offering (IPO)
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Anthropic plans an IPO as early as 2026, FT reports
Yahoo Finance· 2025-12-03 00:48
Dec 2 (Reuters) - Anthropic, the artificial intelligence startup backed by Alphabet's Google and Amazon.com, has hired the law firm Wilson Sonsini to prepare for an initial public offering that could take place as early as 2026, the Financial Times reported on Tuesday. An IPO would give the company, which operates the AI chatbot Claude, a more efficient way to raise capital and provide leverage for bigger acquisitions through public stock. The move comes as AI adoption gains pace, driven by higher ente ...
IIT placements bring startups into a hiring war with the bigwigs, who wins?
MINT· 2025-12-03 00:00
Startups are offering higher salaries, bigger bonuses and more employee stock options (Esops) at the Indian Institutes of Technology (IITs) this year, but despite securing first-day slots too, they are struggling to attract top talent as campus hiring shifts from mass hiring to picking a few high-quality candidates amid an AI-led productivity boost. At IIT placements, venture-backed startups like Razorpay, Fractal Analytics, Battery Smart, OYO, Navi, Meesho and SpeakX are aggressively competing with tech gi ...
Park Dental Partners, Inc. Announces Pricing of Initial Public Offering
Businesswire· 2025-12-02 22:01
Core Viewpoint - Park Dental Partners, Inc. has announced the pricing of its initial public offering (IPO) at $13.00 per share, aiming to raise approximately $20 million in gross proceeds before expenses [1][2]. Group 1: IPO Details - The IPO consists of 1,535,000 shares, with an additional 230,250 shares available for underwriters to purchase within 30 days at the public offering price [1]. - The offering is expected to close on December 4, 2025, pending customary closing conditions, and shares will begin trading on The Nasdaq Capital Market under the ticker symbol "PARK" on December 3, 2025 [3]. Group 2: Use of Proceeds - The net proceeds from the IPO will be utilized for general corporate purposes, which may include acquisitions, capital expenditures, working capital, and debt repayment [2]. Group 3: Company Overview - Park Dental Partners is a dental resource organization providing non-clinical business support services to affiliated dental practices in Minnesota and Wisconsin [6]. - The organization supports over 200 dentists across 85 practice locations, offering a wide range of dental services including oral surgery, periodontics, pediatric dentistry, and orthodontics [7].
Barrick Considers IPO of Subsidiary, Receives Board Authorization
ZACKS· 2025-12-02 16:51
Core Insights - Barrick Mining Corporation has authorized the exploration of an initial public offering (IPO) for its subsidiary, NewCo, which will hold its North American gold assets, aiming to unlock asset value through a focused publicly traded equity [1][8] - NewCo is expected to be listed through an IPO of a small minority interest, while Barrick will maintain a significant controlling majority interest, supported by its joint ventures in Nevada Gold Mines and Pueblo Viejo, along with the fully-owned Fourmile gold discovery [2][8] - The company’s operations in Nevada and the Dominican Republic are positioned in top gold mining jurisdictions, with the Fourmile project recognized as one of the most significant gold discoveries of the century [3] Timeline and Future Plans - The IPO initiative may be explored until early 2026, with updates to be provided during the release of the company’s full-year 2025 results in February 2026; the exact details and timing are subject to various approvals [4] - The company is focused on enhancing performance and shareholder value, with the IPO potentially providing new and existing shareholders with more options in a pure gold company with growth potential [4] Performance Metrics - Barrick's shares have increased by 145.4% over the past year, outperforming the industry growth of 119.7% [5]
Lumexa Imaging targets up to $1.89 billion valuation in US IPO
Reuters· 2025-12-02 11:54
Lumexa Imaging is aiming for a valuation of more than $1.89 billion in its U.S. initial public offering, the Welsh Carson-backed said on Tuesday. ...
Fintech platform Wealthfront aims to raise up to $485 million in US IPO
Reuters· 2025-12-02 11:32
Automated digital wealth management firm Wealthfront said on Tuesday it was aiming to raise as much as $485 million in its initial public offering in the United States. ...
Barrick Mining to explore IPO for North American gold assets
Yahoo Finance· 2025-12-02 09:43
Core Viewpoint - Barrick Mining's Board of Directors has authorized management to explore an initial public offering (IPO) for a new subsidiary, NewCo, which will hold the company's premier North American gold assets [1][2] Group 1: IPO Exploration - NewCo will be linked to Barrick's joint venture interests in Nevada Gold Mines and Pueblo Viejo, along with its fully owned Fourmile gold discovery in Nevada [1] - The plan envisions listing NewCo through an IPO of a small minority stake, while Barrick would retain a significant controlling majority interest in NewCo post-IPO [2][5] - The board has authorized management to explore this potential value creation measure through early next year [4] Group 2: Strategic Focus - Barrick's actions align with the board's ongoing operational review and commitment to maximizing shareholder value across its portfolio, particularly focusing on North America [2] - The company aims to provide new and existing shareholders with more options around jurisdiction in a pure gold company with growth potential [4] Group 3: Operational Insights - Barrick's gold operations in Nevada and the Dominican Republic are highlighted as among the best globally, with the Fourmile project being one of the century's most significant gold discoveries [3] - The company is focused on driving improved performance and shareholder value with the right teams in place to deliver on commitments [3] Group 4: Market Updates - Barrick will update the market on its progress regarding the IPO during its full year 2025 results, scheduled for release in February next year [5] - Any decision to proceed with the IPO will depend on Board approval, fulfillment of customary requirements, and prevailing market conditions [5] Group 5: Recent Developments - Last month, Barrick completed the sale of the Hemlo Gold Mine in Canada to Carcetti Capital, which plans to rename the asset Hemlo Mining Corporation [6] - Barrick signed an agreement with the Government of Mali to resolve disputes associated with the Loulo and Gounkoto mines, marking a significant development in the Barrick-Mali mining dispute resolution [6]
Meesho faces investor protest over anchor allotment to SBI Funds
BusinessLine· 2025-12-02 09:42
Meesho Ltd.’s anchor book faced a setback after several major investors pulled out when the Indian e-commerce firm was said to have allocated about a quarter of the shares in this tranche to SBI Funds Management Pvt., the country’s largest asset manager, according to people familiar with the matter.That decision triggered a pushback from other large funds, the people said, asking not to be identified as the information is private. Meesho is set to open its anchor book — a portion of shares reserved for ins ...
Torrent Gas hires Citi, two others for $450 million IPO
The Economic Times· 2025-12-02 06:20
Core Viewpoint - Torrent Gas Ltd. is planning an initial public offering (IPO) that may raise up to $450 million, with a potential valuation of around $3 billion, amid a busy IPO environment in India driven by energy and infrastructure sectors [2][5][9]. Company Overview - Torrent Gas reported a revenue of 40.27 billion rupees ($449 million) for the fiscal year ending March 2025, an increase from 28.75 billion rupees the previous year [6][9]. - The company is authorized to develop city gas distribution networks and supply compressed natural gas for vehicles, as well as piped natural gas to industrial, commercial, and residential customers [6][9]. - Torrent Gas holds licenses in seven Indian states and one union territory, operating in 34 districts [6][9]. IPO Details - The IPO is being managed by Axis Bank, Kotak Mahindra Capital, and Citigroup's local unit, with ongoing discussions about deal size and valuation [9]. - Proceeds from the offering are expected to be used for capital expenditure and debt reduction [9]. - The planned offering will test investor appetite for city-gas distributors as companies expand operations to align with the government's push for cleaner fuels [2][9].
Barrick Mining(B.US)盘前涨近4% 拟将北美黄金资产进行IPO
Zhi Tong Cai Jing· 2025-12-01 13:21
Core Viewpoint - Barrick Mining is planning an initial public offering (IPO) for its North American gold assets due to operational issues and rising costs [1] Group 1: IPO Plans - The board of Barrick Mining has unanimously approved management's plan for an IPO of a division [1] - The new company will be based on Barrick Mining's joint interests in Nevada Gold Mines and Pueblo Viejo, as well as its wholly-owned Fourmile gold discovery project in Nevada [1] - A small portion of equity will be issued in the new company [1] Group 2: Market Reaction - Following the announcement, Barrick Mining's stock price increased by nearly 4% in pre-market trading on Monday [1]