IPO

IPO
BinDawood Prepares First Middle Eastern IPO Since COVID-19
June 08, 2020

BinDawood Holding is planning to offer an initial public offering (IPO) of its supermarket division by the end of July, in what would be the first Middle Eastern share sale since the COVID-19 pandemic, Bloomberg News reported. The Saudi Arabia-based company hopes to take advantage...

IPO
China’s NetEase Looks To Raise $2.72B In Hong Kong Offering
June 08, 2020

Chinese internet giant NetEase is set to issue 171,480,000 shares on June 11 as part of a secondary offering of stock, the company said in a release. News reports said the pricing will be set at HK$123 per share. NetEase, a major internet and gaming company, is...

IPO
China’s JD.com To Sell $4.3B In Hong Kong-Listed Shares
June 05, 2020

Hong Kong technology company JD.com Inc. plans to sell up to $4.3 billion in shares in what is expected to be among this year’s largest public offerings in China, the Financial Times reported. The online retail giant, which has been compared to a cross between...

IPO
ZoomInfo Stock Briefly Doubles As IPO Takes Off
June 04, 2020

Vancouver, Wash.-based ZoomInfo Technologies saw its stock double for a time Thursday (June 4) as it staged a successful initial public offering in the middle of the COVID-19 economic downturn. ZoomInfo traded as high as $42 a share on the Nasdaq as soon as the...

IPO
Vroom’s IPO Could Net $366.6M
June 02, 2020

eCommerce vehicle retailer Vroom has started the initial public offering (IPO) of its common stock, according to an announcement. The company’s IPO price is forecasted to be in a range from $15 to $17 per share. Vroom said it foresees granting the underwriters a 30-day...

IPO
ZoomInfo Aims To Raise Up To $890M In IPO
June 02, 2020

ZoomInfo Technologies Inc. boosted the price range for its initial public offering (IPO) on Tuesday (June 2), hoping to raise as much as $890 million. The Vancouver, Washington-based marketing data company – which is backed by the Carlyle Group, the Washington, D.C. global investment firm...

IPO
IPOs On Deck As US Market Reopens
May 26, 2020

There could be a rush of initial public offerings (IPOs) due to stalled deals amid the coronavirus pandemic, according to a report in the Financial Times on Saturday (May 23).   In the past two weeks, six startups — including online car dealer Vroom and FinTech...

IPO
Is Peet’s IPO Poised To Percolate?
May 20, 2020

Yes, we all like coffee.  It may be among the basic things getting us through the pandemic and working from home. News came this week that JAB Holding will bring JDE Peet’s (formed through the merger of Jacobs Douwe Egberts, a Dutch coffee roaster and...

IPO
Payments Tech Startup Shift4 Payments Files IPO Plans
May 17, 2020

Payments technology firm Shift4 Payments, headquartered in Allentown, Pennsylvania, filed for an initial public offering (IPO), according to a Securities and Exchanges Commission filing. Shift4 Payments first filed paperwork for an IPO in December 2019. The company, founded in 1994, is hoping to raise up...