Initial Public Offering (IPO)
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Robinhood Ventures Fund I (RVI) Announces Launch of Initial Public Offering
Globenewswire· 2026-02-17 14:17
Core Viewpoint - Robinhood Ventures Fund I (RVI) is launching its initial public offering (IPO) of common shares, aiming to offer 40,000,000 shares at an expected price of $25 per share [2]. Group 1: IPO Details - RVI has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for the IPO [2]. - The offering includes 35,000,000 shares from RVI and 5,000,000 shares from Robinhood Markets, Inc. as the Selling Shareholder [2]. - RVI plans to grant the underwriter a 30-day option to purchase an additional 6,000,000 shares [2]. - The shares are expected to be listed on the New York Stock Exchange (NYSE) under the symbol RVI [2]. Group 2: Presentation and Underwriting - A livestreamed presentation featuring Robinhood Markets CEO Vlad Tenev, CFO Shiv Verma, and RVI President Sarah Pinto is scheduled for today [3]. - Goldman Sachs & Co. LLC is acting as the sole bookrunner for the proposed offering [3]. Group 3: Regulatory Information - The registration statement for the proposed sale has been filed but is not yet effective, meaning securities cannot be sold or offers accepted until it becomes effective [4]. - The offering will be made only by means of a prospectus that is part of the registration statement [5].
Chart Of The Day: With Past IPOs Slumping, Will Mega-Deals Proceed?
Seeking Alpha· 2026-02-16 12:40
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Aye Finance IPO: Alphabet’s CapitalG Mints ₹83 Cr, LGT Capital Scores 2.4X Return
Inc42 Media· 2026-02-14 10:15
Core Insights - Aye Finance's IPO was highly successful, closing with a 97% subscription rate, and is set to list on February 16 [1] - The IPO included a fresh issue of shares worth ₹710 Cr and an offer-for-sale (OFS) component of up to ₹300 Cr, valuing the company at approximately ₹3,183 Cr (about $351.4 million) at the upper end of its price band [7] Investor Gains - MAJ Invest emerged as the biggest cash gainer, selling 1.08 million shares for ₹139.7 Cr, achieving a 1.7X return on its initial investment [2][5] - LGT Capital Partners recorded the highest return on investment at 2.4X by offloading 2.325 million shares worth ₹30 Cr, while retaining 2.47 Cr shares valued at ₹319.8 Cr [3][5] - CapitalG, the growth fund of Alphabet Inc, sold 63.95 lakh shares for ₹82.5 Cr, realizing a 2.2X gain on its investment [8] - Alpha Wave sold 23.25 lakh shares for ₹30 Cr, achieving a 1.4X return on its initial investment [9] Company Performance - Aye Finance, co-founded by Vikram Jetley and Sanjay Sharma in 2014, specializes in small-ticket business loans for MSMEs [10] - The company's total assets under management reached ₹6,027.6 Cr as of September 2025, reflecting a 21% year-over-year growth [10] - In H1 FY26, Aye Finance's net profit declined by 40% to ₹64.6 Cr from ₹106.8 Cr in the previous year, while operating revenue increased by 21.8% year-over-year to ₹843.5 Cr [11]
U.S. IPO Weekly Recap: Clear Street Postpones Its IPO, As Japan-Based Payment Firm PayPay Submits Filings
Seeking Alpha· 2026-02-14 05:30
Group 1 - The article does not provide any relevant content regarding company or industry insights [1]
Proem Acquisition Corp I Announces Closing of $130 Million Initial Public Offering
Globenewswire· 2026-02-13 18:20
Core Points - Proem Acquisition Corp I successfully closed its initial public offering (IPO) of 13,000,000 units at a price of $10.00 per unit, generating total gross proceeds of $130,000,000 before expenses [1] - The units began trading on the Nasdaq Global Market under the ticker symbol "PAACU" on February 12, 2026, with each unit consisting of one ordinary share and one-half of a redeemable warrant [2] - The company is a blank check company formed to pursue a business combination with one or more businesses across various industries [3] Underwriting and Registration - Clear Street LLC served as the lead book-running manager for the IPO, and the company has granted underwriters a 45-day option to purchase up to 1,950,000 additional units to cover over-allotments [4] - A registration statement for the securities sold in the IPO was declared effective by the U.S. Securities and Exchange Commission on February 11, 2026, with the offering being made only by means of a prospectus [5] Company Overview - Proem Acquisition Corp I is incorporated as a Cayman Islands exempted company and has not yet selected a specific business combination target or engaged in substantive discussions regarding potential targets [7] - The management team includes Imran Khan as CEO and Chairman, and Greg Pearson as CFO, along with board members John Wu, David Eckstein, Amarnath Thombre, and Andrey Kazakov [7]
SoftBank-backed PayPay takes next step towards US IPO
Yahoo Finance· 2026-02-13 06:18
Core Viewpoint - SoftBank Group's payments unit PayPay is moving forward with its initial public offering (IPO) in the US, which could potentially be the largest IPO by a Japanese company on a US exchange [1][2]. Financial Performance - For the nine months ending December 31, PayPay reported a profit of Y103.3 billion ($676 million) on revenue of Y278.5 billion, a significant increase from the previous year's profit of Y28.96 billion on revenue of Y220.4 billion [1][2]. Valuation and Market Position - SoftBank is targeting a valuation of $10 billion or more for PayPay, with earlier reports suggesting that the valuation could exceed Y3 trillion [2]. - PayPay is known for its QR-code payments application in Japan and has expanded its services to include credit, banking, securities, and insurance [3]. IPO Details - The number of shares to be offered and the expected price range for the IPO have not yet been disclosed [2]. - PayPay plans to list on the Nasdaq Global Select Market under the ticker symbol PAYP, with Goldman Sachs, JPMorgan Chase, Mizuho Financial Group, and Morgan Stanley serving as lead banks for the offering [4]. Corporate Structure - After the IPO, PayPay is expected to remain a subsidiary of SoftBank, which does not anticipate a material impact on its consolidated earnings from the listing [4].
D. Boral Acquisition I Corp. Announces Closing of $287,500,000 Initial Public Offering, Including Full Exercise of Underwriters' Over-Allotment Option
Globenewswire· 2026-02-12 21:37
Core Viewpoint - D. Boral Acquisition I Corp. successfully closed its initial public offering (IPO) of 28,750,000 units, raising total gross proceeds of $287,500,000, with units trading on The Nasdaq Global Market under the ticker symbol "DBCAU" [1] Group 1 - The IPO included 3,750,000 units from the underwriters' over-allotment option, priced at $10.00 per unit [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable public warrant, with whole warrants allowing the purchase of one Class A ordinary share at $11.50 [1] - The Class A ordinary shares and warrants are expected to trade separately under the symbols "DBCA" and "DBCAW" respectively [1] Group 2 - The net proceeds from the offering will be used to pursue and complete a business combination with one or more businesses [2] - D. Boral Capital LLC served as the sole book-running manager for the offering, while Loeb & Loeb LLP and Paul Hastings LLP acted as legal counsel [2] Group 3 - The company was formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [5] - The company intends to focus on industries that complement its management team's background and leverage their ability to identify and acquire businesses [5]
D. Boral Acquisition I Corp. Announces Closing of $287,500,000 Initial Public Offering, Including Full Exercise of Underwriters’ Over-Allotment Option
Globenewswire· 2026-02-12 21:37
New York, NY, Feb. 12, 2026 (GLOBE NEWSWIRE) -- D. Boral Acquisition I Corp. (the “Company”) today announced the closing of its initial public offering of 28,750,000 units, which includes 3,750,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option, at a price of $10.00 per unit for total gross proceeds of $287,500,000. The units began trading on The Nasdaq Global Market under the ticker symbol “DBCAU” on February 11, 2026. Each unit consists of one of the Company’ ...
2026 Could Be a 'Blockbuster Year' for IPOs. Is the Renaissance IPO ETF a Buy?
The Motley Fool· 2026-02-12 18:30
Core Viewpoint - The upcoming years, particularly 2026, are expected to witness a significant surge in IPO activity, driven by major players like OpenAI, Anthropic, and SpaceX, with forecasts suggesting record valuations for these companies [1][2]. Group 1: IPO Market Outlook - Goldman Sachs predicts 2026 will be a record year for IPOs in terms of absolute dollar value, following a slow 2025 with only 61 companies going public in the U.S. [1] - The Wall Street Journal also anticipates a "blockbuster year" for IPOs, with SpaceX potentially achieving a valuation exceeding $1 trillion [2]. - OpenAI is preparing for a valuation around $1 trillion, reflecting the high expectations for AI-related IPOs [2]. Group 2: Historical Context and Performance - OpenAI's ChatGPT has significantly influenced the AI market, becoming the fastest app to reach 100 million users in just two months, which may contribute to a strong IPO performance [4]. - The average IPO in 2023 had a first-day return of 15%, consistent with historical trends [4]. - Historical examples show that while some IPOs can surge initially, they may also experience substantial declines shortly after, as seen with Beyond Meat and Airbnb [5]. Group 3: Investment Strategies - For investors looking to capitalize on the anticipated IPO wave without selecting individual stocks, the Renaissance IPO ETF is suggested as a viable option [6]. - This ETF provides exposure to recently public U.S. companies, holding stocks for three years post-IPO and rebalancing quarterly [8]. - Although the fund has underperformed the S&P 500 since its inception, it has outperformed during periods of high IPO activity, indicating potential for future gains in 2026 [10].
Green Circle Decarbonize Technology Limited Announces Closing of the Underwriter's Over-Allotment Option in Connection with its Initial Public Offering
Globenewswire· 2026-02-12 16:50
Company Overview - Green Circle Decarbonize Technology Limited is a Cayman Islands holding company that develops and manufactures Phase Change Material (PCM-TES) storage systems, focusing on applications in cooling and heating systems through its Hong Kong subsidiary, Boca International Limited [5] Offering Details - The company announced the closing of the sale of an additional 375,000 ordinary shares at the IPO price of $4.00 per share, resulting in gross proceeds of $11,500,000, which includes the previously announced IPO gross proceeds of $10,000,000 [1] - The offering was facilitated by RBW Capital Partners LLC as the representative underwriter, with Revere Securities LLC acting as the co-manager [2] Regulatory Information - A registration statement on Form F-1 related to the offering has been filed with the U.S. Securities and Exchange Commission (SEC) and was declared effective on December 30, 2025 [3]