Blibli plans to list its stock in the open market on November 7. The recent fundraise comes at a valuation of $3.5 billion.
After the successful IPO, the market valuation of the European automaker soared to about 84 billion euros.
Rhodium will fulfil its earlier plan for a public listing after agreeing to a merger with SilverSun Technologies.
The IPO market for US tech firms for this year has been the worst since 2008’s financial crisis due to several economic factors.
Leapmotor and Onewo saw their shares shrink after making their first appearances in the stock market.
With Volkswagen willing to ramp up its electric vehicle and battery efforts, Porsche IPO would help it raise money to invest in its transformation.
Leapmotor initially projected to raise as much as $1.5 billion for the IPO but later scaled it down
With the global economic outlook appearing dim, there have been concerns as to the projected IPO move from OYO.
With Volkswagen now also tilting toward electrification, the proposed listing for the smaller subsidiary has been tagged as a pivotal move to achieve the firm’s longer-term growth proposals.
According to Chief Executive of Bitcoin Depot, Brandon Mintz, the firm made record sales and earnings in the second quarter.
Amid the 2021 mania, SPAC deals were 59% of the total new listings in 2021.
Fox-Geen revealed that the SPAC process takes longer for crypto companies.
Before getting listed, Shein has a lot of challenges to face. Specifically, it is dealing with environmental, social and governance or ESG concerns.
Although the two companies didn’t provide any reason behind withdrawing their IPO applications, the current market scenario shows that investors have very little appetite for new companies.
Italian electrode maker and water technologies company, De Nora has filed to go public through the Initial Public Offering route.