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 ...

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 ...

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 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. ...

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’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 ...

Core Viewpoint - Hang Feng Technology Innovation Co., Ltd. successfully completed its initial public offering, raising US$5.5 million by offering 1,375,000 ordinary shares at a price of US$4.0 per share, with trading commencing on Nasdaq under the ticker symbol "FOFO" [1][2]. Group 1: Offering Details - The initial public offering consisted of 1,375,000 ordinary shares priced at US$4.0 each, generating gross proceeds of US$5.5 million before expenses [1]. - The underwriters have a 45-day option to purchase an additional 206,250 ordinary shares at the public offering price [1]. - The offering was conducted on a firm commitment basis, with Kingswood Capital Partners, LLC serving as the underwriter [3]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to strengthening the corporate management consulting business, developing the asset management business, driving business expansion and strategic partnerships, and supporting general working capital and operations [2]. Group 3: Company Background - Hang Feng Technology Innovation Co., Ltd. is based in Hong Kong and provides comprehensive corporate management consulting and specialized asset management services [6]. - The company has been offering consulting services since 2023 through its subsidiary, Starchain Investment Trading Limited, focusing on strategic growth insights and regulatory compliance [6]. - In 2024, the company launched asset management services to meet client demand for sophisticated solutions in managing and growing capital portfolios [6].

Gemini stock price had a highly volatile first day as a publicly traded company. It initially popped to $45 after the much-anticipated Initial Public Offering (IPO) and then ended the day at $32. ...

Group 1: IPO Market Overview - The post-Labor Day IPO market is experiencing a resurgence, driven by clarity on trade policy, a summer rally in growth stocks, and the potential for rate cuts [1] - Renaissance Capital anticipates the fastest pace of deal activity since 2021, with expectations of 40 to 60 sizable IPOs by year-end [2][1] Group 2: StubHub IPO Details - StubHub has refiled its IPO paperwork and plans to sell approximately 34 million shares at a price range of $22 to $25 each, potentially raising up to $850 million [5][6] - The company's valuation is estimated at $9.2 billion, significantly lower than its previous valuation of $16.5 billion in late 2021 [6] Group 3: StubHub Financial Performance - StubHub reported gross merchandise sales of $8.7 billion in 2024, a 27% increase from the previous year, with over 40 million tickets sold [7] - In the first half of 2025, StubHub's revenue rose 3% year-over-year to $827.9 million, but the net loss widened to $76 million from $24 million in the same period of 2024 [8] Group 4: IPO Performance Insights - The average first-day return for IPOs in 2025 has been strong, at 26%, marking the highest since 2020 [10] - Despite strong first-day performance, returns after the first day for the first year have generally been weak, indicating potential volatility in the IPO market [10]

Group 1: IPO Overview - The capital markets regulator SEBI has approved six initial public offerings (IPOs) that will collectively raise approximately ₹12,500 crore [1] - Canara Robeco Asset Management Company will conduct a complete offer for sale of 4.98 crore equity shares, with Canara Bank diluting 2.59 crore shares and ORIX Corporation Europe NV offering 2.39 crore shares [1] Group 2: Fund Profiles - Canara Robeco manages 25 schemes, including 12 equity schemes, 10 debt schemes, and three hybrid schemes, with a quarterly average AUM of ₹1,083.66 billion as of December-end [2] - Hero Motors plans to raise ₹1,200 crore through its IPO, consisting of fresh issuance of shares worth ₹800 crore and an offer-for-sale of shares worth up to ₹400 crore by promoters [2] - Manipal Payment and Identity Solutions has confidentially filed a Draft Red Herring Prospectus (DRHP) for an IPO that includes both an offer-for-sale and fresh share issuance [3] Group 3: Capital Use and Company Focus - A significant portion of the capital raised by Manipal Payment and Identity Solutions will be utilized to reduce debt at the promoter entity level [4] - Pine Labs aims to raise ₹2,600 crore through the issuance of new shares, while existing shareholders will sell 14.78 crore equity shares via offer-for-sale [5] - Orkla India will conduct an IPO comprising an offer for sale of 2.28 crore equity shares by promoters and other shareholders [6] - Emmvee Photovoltaic Power plans to raise ₹3,000 crore, with promoters selling shares worth ₹856 crore and the company issuing fresh shares worth ₹2,144 crore [6]