IPOs

An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.

Source: investopedia.com

Spend Management Firm Pleo Names New CFO in Push for Profitability
Spend Management Firm Pleo Names New CFO in Push for Profitability
December 13, 2023  |  Personnel

Danish FinTech Pleo is reportedly expanding its executive team with a new chief financial officer. The naming of financial services veteran Soren Westh Lonning as...

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Report: Private Equity Groups Buying Back Firms After Weak IPOs
Report: Private Equity Groups Buying Back Firms After Weak IPOs
November 21, 2023  |  IPO

Amid a shaky IPO market, some public companies aren’t staying public that long. As the Financial Times (FT) reported Tuesday (Nov. 21), private equity firms...

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‘Down Rounds’ and Declining Valuations Signal Bumpy Road for FinTech IPO Index
‘Down Rounds’ and Declining Valuations Signal Bumpy Road for FinTech IPO Index
November 13, 2023  |  IPO

The third quarter is newly in the rearview mirror. Earnings season still rolls on. The FinTech IPO Index, which chronicles the stock market performance of nearly...

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Man Gets 16-Year Prison Sentence in Alibaba IPO Fraud Case
Man Gets 16-Year Prison Sentence in Alibaba IPO Fraud Case
November 10, 2023  |  Legal

A man was sentenced to nearly 16 years in prison for orchestrating a fraud related to Alibaba’s 2014 initial public offering (IPO). Frank Harold Rosenthal...

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Klaviyo Joins Other High-Profile IPOs Dipping Below Listing Price
Klaviyo Joins Other High-Profile IPOs Dipping Below Listing Price
October 20, 2023  |  IPO

Klaviyo’s stock has dipped below its listing price, the latest disappointment for the initial public offering (IPO) space. The marketing automation firm now joins a...

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Waystar Sees $15 Billion Market for Simplifying Healthcare Payments as It Preps for IPO
Waystar Sees $15 Billion Market for Simplifying Healthcare Payments as It Preps for IPO
October 18, 2023  |  IPO

Healthcare payments are awash in paper, marked by inefficiencies, creaky legacy systems and manual processes. Waystar leverages a cloud-based platform to improve what it terms...

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Instacart Gets Positive Analyst Reviews but Stock Stays Same
Instacart Gets Positive Analyst Reviews but Stock Stays Same
October 16, 2023  |  IPO

Instacart has reportedly garnered positive reviews from Wall Street analysts following its IPO. As Bloomberg News reported Monday (Oct. 16), the online grocery delivery firm — which went...

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Report: Goldman Sachs Earnings Hit by Slowdown in Deal Making
Report: Goldman Sachs Earnings Hit by Slowdown in Deal Making
October 12, 2023  |  Earnings

Goldman Sachs is reportedly expected to announce weak quarterly earnings on Tuesday (Oct. 17) as a result of a slowdown in deal making and its...

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Birkenstock IPO Raises $1.4 Billion at Over $9 Billion Valuation
Birkenstock IPO Raises $1.4 Billion at Over $9 Billion Valuation
October 11, 2023  |  IPO

German shoe retailer Birkenstock has raised $1.4 billion in its initial public offering (IPO). The company set the price of its shares in the middle...

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