Initial Public Offering
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X @Bloomberg
Bloomberg· 2025-09-23 08:31
Hong Kong exchange rules require companies to push back the entire IPO process by at least one business day if a No. 8 typhoon signal or above is in place between 9 a.m. and noon on the final day for mom-and-pop investors to order shares https://t.co/YvJaS3yhp4 ...
Platinum Analytics Cayman Limited Announces Closing of Its Initial Public Offering and Full Exercise of Over Allotment
Globenewswire· 2025-09-23 01:00
Company Overview - Platinum Analytics Cayman Limited is a software developer specializing in FX trading software, data analytics, and technology solutions for financial institutions, with a strategic focus on Asia and emerging markets [6][7] - The company was established in 2017 in Singapore and operates through its wholly-owned subsidiary, Platinum Analytics Singapore Pte. Ltd. [6] Initial Public Offering (IPO) Details - The company closed its initial public offering of 2,300,000 Class A ordinary shares at a public offering price of $4.00 per share, resulting in gross proceeds of $9,200,000 [1] - The offering included the underwriters' full exercise of their over-allotment option and commenced trading on the Nasdaq Capital Market under the ticker symbol "PLTS" on September 19, 2025 [1][2] Use of Proceeds - The company plans to allocate approximately $3.3 million (40% of net proceeds) for research and development, $2.4 million (30%) for expanding its marketing and sales team, and $2.4 million (30%) for IT facilities and financial licenses [3] Regulatory Filings - A registration statement on Form F-1 was filed with the U.S. Securities and Exchange Commission (SEC) and was declared effective on September 18, 2025 [4]
X @Bloomberg
Bloomberg· 2025-09-22 19:08
Investment bankers welcome the rebound in US IPOs, but it’s too late to stop the long-term decline in public companies amid booming private markets https://t.co/aTCeErukEI ...
Tennessee bank aims to raise up to $103.7M in IPO
Yahoo Finance· 2025-09-22 12:32
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: Commercial Bancgroup, a Tennessee-based, state-chartered commercial bank, aims to raise up to $103.7 million through an initial public offering, the company said in a press release Monday. Stricter regulations, higher compliance costs and volatile market conditions have made public listings increasingly rare for banks since the 2007-08 financial crisis ...
BitGo Holdings Announces Public Filing of Registration Statement for Initial Public Offering
Businesswire· 2025-09-19 21:21
Group 1 - BitGo Holdings, Inc. has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed underwritten initial public offering of its Class A common stock [1] - The specific timing of the offering, the number of shares to be offered, and the price range for the proposed offering have not yet been determined [1]
Crypto custody startup BitGo files for US IPO
Reuters· 2025-09-19 20:59
Group 1 - The core point of the article is that crypto custody startup BitGo has publicly filed its paperwork for an initial public offering (IPO) in the United States [1] Group 2 - BitGo is a company that specializes in providing custody solutions for cryptocurrencies, indicating a growing trend in the crypto industry towards institutional adoption and regulatory compliance [1] - The move to go public reflects the increasing interest and investment in the cryptocurrency sector, as more companies seek to capitalize on the digital asset market [1] - The IPO filing may signal a potential shift in the perception of cryptocurrency companies, moving from niche startups to mainstream financial institutions [1]
Platinum Analytics Cayman Limited Announces Pricing of Its Initial Public Offering
Globenewswire· 2025-09-19 12:00
Company Overview - Platinum Analytics Cayman Limited is a software developer specializing in FX trading software, data analytics, and technology solutions for financial institutions, with a strategic focus on Asia and emerging markets [7] - The company operates the Platinum ECN spot FX trading platform, offering products such as Platinum AI, Platinum ECN, and Platinum Smart Trade, which are designed for scalable, flexible, AI-driven, low-latency trading and analytics [8] Initial Public Offering (IPO) Details - The company announced the pricing of its initial public offering of 2,000,000 Class A ordinary shares at a public offering price of $4.00 per share, aiming for gross proceeds of $8,000,000 [1] - An additional 300,000 ordinary shares may be purchased by underwriters within 45 days from the closing date to cover over-allotments [2] - The offering is expected to close on September 22, 2025, subject to customary closing conditions [2] Use of Proceeds - The company plans to allocate approximately $2.7 million (40% of net proceeds) for research and development, $2.1 million (30% of net proceeds) for expanding its marketing and sales team, and $2.0 million (30% of net proceeds) for IT facilities and financial licenses [4] Regulatory Filings - A registration statement on Form F-1 has been filed with the U.S. Securities and Exchange Commission (SEC) and was declared effective on September 18, 2025 [5]
Global Markets Abuzz: Nvidia’s $900M AI Talent Grab, SoftBank Vision Fund Cuts, and Key IPOs Drive Headlines
Stock Market News· 2025-09-18 23:08
Group 1: Corporate Developments - Nvidia has made a significant investment of over $900 million to acquire key personnel and technology from AI startup Enfabrica, reinforcing its leadership in the AI hardware sector [3][8] - SoftBank's Vision Fund plans to cut nearly 20% of its global staff, marking a strategic shift towards a concentrated focus on large-scale AI investments [4][8] - Pattern Group Inc. successfully priced its IPO at $14 per share, reflecting strong investor interest [6][8] - Zijin Gold International Co. is preparing for a substantial IPO in Hong Kong, aiming to raise approximately HK$24.9 billion (US$3.21 billion), potentially one of the largest listings in the city this year [7][8] Group 2: Economic Indicators - New Zealand's trade deficit widened significantly to NZ$1.19 billion in August, driven by a decline in exports, although the year-to-date trade deficit showed improvement [5][8]
Galata Acquisition Corp. II Announces the Pricing of $150,000,000 Initial Public Offering
Globenewswire· 2025-09-18 21:28
Group 1 - The Company, Galata Acquisition Corp. II, announced the pricing of its initial public offering (IPO) of 15,000,000 units at a price of $10.00 per unit, with trading set to begin on September 19, 2025, under the ticker symbol "LATAU" [1] - Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with the whole warrant allowing the purchase of one Class A ordinary share at a price of $11.50 per share [1] - The offering is expected to close on September 22, 2025, subject to customary closing conditions, and the underwriters have a 45-day option to purchase an additional 2,250,000 units [1] Group 2 - The Company is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, focusing on sectors such as energy, fintech, real estate, and technology [2] - The management team includes Daniel Freifeld (Chief Investment Officer and Chairman), Craig Perry (Chief Executive Officer), William Weir (President and Chief Operating Officer), and Powers Spencer (Chief Financial Officer) [3]
X @Bloomberg
Bloomberg· 2025-09-18 13:10
An initial public offering would normally mark the beginning of the end of a private equity fund’s investment. Not so for Hellman & Friedman https://t.co/KT7HV4tWC1 ...