In recent months, business development companies (BDCs) have witnessed a surge in valuations, prompting several firms to opt for public offerings. BDCs, which are private lenders that primarily provide loans to small- to medium-sized businesses (SMBs), have experienced a notable increase in public offerings after...
Reddit is reportedly ready to go public via an initial public offering (IPO). The social media platform aims to go public in March after more than three years of planning, Reuters reported Thursday (Jan. 18), citing sources familiar with the matter. The report noted that the IPO would...
Shein is reportedly seeking approval from a Chinese regulator to go public in the United States. The online fashion company, which is based in Singapore and valued at $66 billion, filed with the regulator in November to comply with new listing rules for local firms,...
Indian digital payments firm MobiKwik has filed for an initial public offering (IPO) worth up to 7 billion rupees ($84 million). This move comes after the company’s previous attempt in 2021 was postponed due to the lackluster market debut of its larger rival, Paytm, Reuters reported Friday (Jan. 5). MobiKwik had initially filed for...
Home health company BrightSpring has revived its plans to go public. The Kentucky-based firm on Tuesday (Jan. 2) filed its plans for an initial public offering (IPO) with the Securities and Exchange Commission (SEC). The filing did not include proposed terms for the IPO, though a report by Bloomberg...
Zoomcar, an India-based peer-to-peer car-sharing platform focused on emerging markets, has gone public. The firm completed a previously announced business combination with Cayman Island-registered special purpose acquisition company (SPAC) Innovative International Acquisition Corp. (IOAC) Thursday (Dec. 28), the companies said in a Thursday press release....
Custom Health, a provider of a technology-enabled medication management and managed care solution, plans to go public. The firm has entered into a definitive business combination agreement with Berenson Acquisition Corp. (BACA) that will result in Custom Health becoming a publicly-listed company, the firms said...
Ola Electric Mobility, an Indian electric scooter manufacturer, is set to raise 55 billion rupees ($661 million) through an initial public offering (IPO), signaling its ambitions to enter the electric car market. The company plans to use the IPO proceeds to expand the manufacturing capacity...
Apex FinTech has reportedly filed confidentially for an initial public offering (IPO). The Dallas-based clearing company had planned to go public through a special purpose acquisition company (SPAC) merger in 2021, but that $4.7 billion deal fell through. The planned IPO was the subject of...
