
INX Limited Raises $125 Million in SEC-Approved Token IPO
Over 50% of INX’s fundraise through a regulated token sale are in the form of crypto payments.
Over 50% of INX’s fundraise through a regulated token sale are in the form of crypto payments.
Flywire has revealed a couple of underwriters including but not limited to Goldman Sachs and JPMorgan Chase & Co.
Ripple currently has a lot on the table so the date for the IPO may depend on how soon the lawsuit with the SEC is settled.
UiPath’s strength lies in its ability to manage its customers, delivering a remarkable report in the pandemic year.
After the IPO, UiPath stood at an initial market cap lower than the self-valuation of $35 billion after a funding round held on the 1st of February.
ATAI Life Sciences cited that the amount of money to be spent on mental health care is expected to hit up to $16 trillion by 2030.
AppLovin says that the money raised will be spent on repaying a collective $1.6 billion debt, entering into strategic partnerships, and making tactical acquisitions.
The move by Darktrace to go public in London is coming after the unimpressive market debut by Amazon-backed food delivery company Deliveroo.
The possible valuation of Telegram may reach $30-$50 billion.
However, Impossible Foods may opt to raise funds through private means and delay the IPO.
Retail investors have significantly contributed to the tweak experienced on the first day of Deliveroo stock trading.
According to INX, about 60% of the proceed from the IPO will be used as a Cash Fund which can easily be distributed to token holders in case of liquidation.
For now, retail investors will have to wait for the end of the conditional dealing on April 7 to be able to purchase Deliveroo shares in the London market.
Paysafe has merged with Billionaire Bill Foley’s SPAC and is set to go public in the United States today, trading on the NYSE.
Deliveroo has denied any wrongdoing and strongly rebuffs the accusation that it treats its workers shabbily.