Category: IPO

Private Equity Behemoth TPG Aims for Over $9 Billion Valuation in US IPO

TPG is aiming for a valuation of as much as $9.3 billion in its U.S. initial public offering, as the private equity powerhouse finally moves closer to a stock market flotation after toying with the idea of going public for several years. The firm, an investor in Airbnb Inc., Uber Technologies Inc., and Spotify Technology…


7 Potential IPOs in 2022: Discord, OpenSea, Impossible Foods, and More

The IPO market saw record listings and capital raised in 2021. Several well-known big name companies joined the public markets in 2021, while other private companies delayed their listings or chose to raise private capital instead. Several carryovers from 2021 could go public in 2022m along with some new rumored companies. Here is a look…


5 Best Performing IPOs in 2021

The public markets saw a record number of IPOs and capital raised in 2021. Around 1,500 companies went public via traditional IPO, direct listing or via SPAC merger. Public listings in 2021 raised over $490 billion. Here is a look at the five best-performing IPOs of 2021. (The worst-performing IPOs will come in another article.) Results are based…


SenseTime Relaunches $767 Million Hong Kong IPO After US Investment Ban

Chinese artificial intelligence (AI) firm SenseTime Group said on Dec. 20 that it will relaunch the $767 million Hong Kong ($98.3 million) initial public offering a week after the United States bans American investment in the company. SenseTime kept its target of selling 1.5 billion shares at a price between HK$3.85 ($0.49) and $HK3.99 ($0.51)…


How 2020’s Hottest IPOs Have Performed in 2021

Global IPO markets have been running hot in 2021, setting new records in terms of volume and proceeds. One of the best predictors of future performance is past performance. Investors interested in how recent IPOs might fare in 2022 may consider reviewing how the hottest IPOs of 2020 performed in 2021. Many of the companies that made public debuts…


China’s SenseTime Postpones $767 Million Hong Kong IPO After US Ban

Chinese artificial intelligence start-up SenseTime Group Inc. postponed its $767 million Hong Kong initial public offering (IPO) on Monday after being placed on a U.S. investment blacklist. SenseTime said it remained committed to completing the offering and would publish a supplemental prospectus and an updated listing timetable. Reuters first reported earlier on Monday the company’s…


DiDi’s US Departure Will Accelerate Decoupling

Chinese ride-hailing company DiDi’s announced delisting from the New York Stock Exchange effectively ends the Chinese technology industry’s parade of public offerings in the United States. DiDi’s run as a listed company has been tumultuous. Its stock has lost nearly 50 percent of its value since its initial public offering (IPO) six months ago. While…


Intel Shares Shoot up on Plan to Take Mobileye Public

Intel Corporation shares traded 9 percent higher at $55.66 in the pre-market session on Tuesday after the company announced it is looking to take its driver assistance and autonomous driving solutions subsidiary Mobileye public some time during the coming year. Mobileye released a statement stating that the company, with the full support of Intel’s board,…


Worldwide IPOs Set New Record With $600 Billion Valuations

Global initial public offerings had the best year on record in 2021, especially those in the United States, with an abundance of liquidity and favorable monetary policies that have resulted in high company valuations and a special purpose acquisition (SPAC) boom. About 2,850 businesses and SPAC companies have raised more than $600 billion in IPOs…


Panera Bread to Go Public Again in IPO Backed by Shake Shack Founder’s SPAC

Panera Bread plans to return to public markets through a U.S. initial public offering backed by Shake Shack founder Danny Meyer’s blank-check company, the latest in a flurry of restaurant listings this year as dining out returns. Meyer himself will directly invest in the Panera Bread owner at the time of the IPO, Panera Brands…