Before the canceled IPO, WeTransfer intended to begin its first day of trading on the 28th of January.
Rhodium said B. Riley Securities and Cowen would act as joint book-running managers.
SenseTime Group’s IPO was considered a good way for the Hong Kong market to close the year as the stock exchange did not see enough high ticket listings this year due to a series of crackdowns by the Chinese government.
China says companies that operate in sectors under its ‘Foreign Investment Negative List’ have to secure regulatory clearance for overseas IPOs.
Prominent Chinese AI firm company SenseTime relaunches its $767M Hong Kong IPO with the exclusion of US investors.
Private equity firm TPG states that it specializes in “growth themed companies” and has been investing actively in the entertainment, media, and technology space in recent years.
Reddit did not reveal how many shares it will offer and the price range for the offering. But it said that the IPO will take place after the SEC completes its review process, subject to market and other conditions.
Chinese AI firm SenseTime announced the postponement of their $767 million Hong Kong IPO listing after the US blacklisted the firm.
Members of the crypto community have revealed that they would prefer if the NFT marketplace releases a token and airdrops some of these tokens to its users.
NASDAQ has had an eventful year of company listings and now looks set to outperform crosstown rivals, the NYSE, for IPO listings in 2021.
The newly appointed OpenSea CFO Brian Roberts puts some light on the company’s IPO plan. However, the OpenSea community feels dejected and abandoned as an IPO plan will most likely mean that there shall be no token airdrop.
Didi’s exit from the NYSE came after a new decision by the US Securities and Exchange Commission that may affect certain foreign companies.
Southeast Asian ride-hailing giant Grab saw its SPAC-directed IPO debut plunge on first day of trading on the NASDAQ, to less than $9.
The Chinese government is currently finalizing a draft that covers new overseas listing rules.
Expectedly, the LG Energy Solution public offering will be the biggest South Korean stock market listing.