PYMNTS-MonitorEdge-May-2024

ipo

Initial public offering or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail investors; an. IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.

Source: nasdaq.com

Report: Birkenstock Prepares for IPO, Targets $10 Billion Market Capitalization
Report: Birkenstock Prepares for IPO, Targets $10 Billion Market Capitalization
September 26, 2023  |  Stock Index

Birkenstock is reportedly gearing up for its highly anticipated initial public offering (IPO) with a target valuation of $10 billion.  If successful, this move would...

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AI-Powered Financial Crime Prevention Platform Silent Eight Prepares for IPO
AI-Powered Financial Crime Prevention Platform Silent Eight Prepares for IPO
September 22, 2023  |  Security & Fraud

Singapore-based company Silent Eight, which uses artificial intelligence (AI) to combat financial crimes such as money laundering and terrorist financing, reportedly aims to be ready for...

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Instacart Stock Closes 12% Higher Than IPO Price
Instacart Stock Closes 12% Higher Than IPO Price
September 19, 2023  |  IPO

Instacart stock closed at $33.70 a share on Tuesday (Sept. 19), the day of its initial public offering (IPO). Priced at $30 a share on Monday (Sept....

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Report: Spanish Travel Tech Company Hotelbeds Considers IPO
Report: Spanish Travel Tech Company Hotelbeds Considers IPO
September 18, 2023  |  IPO

Spanish travel technology firm Hotelbeds is reportedly considering an initial public offering (IPO) next year, with plans to sell more than €1 billion (about $1.07 billion) worth...

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Instacart Sets IPO Price at High End of Expectations
Instacart Sets IPO Price at High End of Expectations
September 18, 2023  |  IPO

Instacart has announced that it will be pricing its initial public offering (IPO) at $30 per share, which is at the high end of expectations. At...

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Klaviyo Aims for $9 Billion as Platform Prepares for IPO
Klaviyo Aims for $9 Billion as Platform Prepares for IPO
September 18, 2023  |  IPO

Marketing automation platform Klaviyo is aiming for a valuation of $9 billion when it goes public. The company on Monday (Sept. 18) estimated in a filing with the Securities...

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SoftBank Seeks AI Deals After Successful Arm Listing
SoftBank Seeks AI Deals After Successful Arm Listing
September 17, 2023  |  artificial intelligence

SoftBank reportedly wants to invest in artificial intelligence (AI) after successfully taking tech company Arm public. Masayoshi Son, founder and CEO of the Japanese conglomerate, is...

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Chip Designer Arm IPO Gets Leg Up From AI Boom
Chip Designer Arm IPO Gets Leg Up From AI Boom
September 14, 2023  |  artificial intelligence

Generative artificial intelligence (AI) is experiencing a rocket-propelled growth, and there are a few firms helping determine that ship’s trajectory. Among them is British chip...

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Instacart IPO Target Could Be Under $10 Billion
Instacart IPO Target Could Be Under $10 Billion
September 10, 2023  |  IPO

 Instacart is reportedly aiming for an initial public offering target far below its past valuation.  The grocery delivery company’s initial public offering (IPO) could come by...

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