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Nov 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

US IPO

EV maker Vinfast files for US IPO

EV maker Vinfast files for US IPO

BENGALURU: Vietnam-based electric-vehicle maker VinFast said on Tuesday it has filed for an initial public offering...
Published 12 Dec, 2022 06:07am
Vingroup eyes $60 bln valuation for car unit in potential US IPO
Markets

Vingroup eyes $60 bln valuation for car unit in potential US IPO

*Vingroup, which was founded in 1993 in Ukraine, is working with Credit Suisse Hong Kong for the potential offering on the New York Stock Exchange, the sources said. * VinFast became Vietnam's first fully fledged domestic car manufacturer when its first gasoline-powered models built under its own badge hit the streets in 2019.
Published 12 Apr, 2021 06:20pm
Self-driving truck startup TuSimple eyes over $8bn valuation in US IPO
Markets

Self-driving truck startup TuSimple eyes over $8bn valuation in US IPO

  • The company said it aims to raise about $1.3 billion in its offering by selling around 34 million shares at a price range between $35 and $39 apiece.
  • TuSimple is the third company to announce plans to raise more than $1 billion through share sales on Wednesday, as companies continue to tap into the red-hot US IPO market.
Published 07 Apr, 2021 06:24pm
Bank software provider Alkami aims for over $2bn valuation in US IPO
Markets

Bank software provider Alkami aims for over $2bn valuation in US IPO

  • The company said it was looking to raise as much as $150 million by selling 6 million shares at a price range of $22 to $25 per share.
  • Backed by investors including General Atlantic and D1 Capital, Alkami supplies cloud-based platforms that banks and credit unions can use to set up digital offerings for their retail and business customers.
Published 05 Apr, 2021 06:44pm
KKR-backed SPAC raises $1.2bn in US IPO
Markets

KKR-backed SPAC raises $1.2bn in US IPO

  • The special purpose acquisition company (SPAC) said it sold 120 million units, up from the 100 million units it had marketed earlier, at $10 each.
  • The units are expected to begin trading on the New York Stock Exchange under the symbol "KAHC.U" on Wednesday.
Published 17 Mar, 2021 06:08pm
Cloud computing firm DigitalOcean aims for nearly $5bn valuation in US IPO
Markets

Cloud computing firm DigitalOcean aims for nearly $5bn valuation in US IPO

  • The company is looking to raise as much as $775.5 million through an offering of 16.5 million shares, priced between $44 and $47 apiece, according to a regulatory filing.
  • DigitalOcean provides its cloud platform and tools to developers, startups and small- and medium-sized businesses and has over 570,000 customers in more than 185 countries.
Updated 15 Mar, 2021 09:28pm
Dating app Bumble aims for nearly $6bn valuation in US IPO
Markets

Dating app Bumble aims for nearly $6bn valuation in US IPO

  • The company, in a regulatory filing on Tuesday, said it would sell about 34.5 million shares, raising over $1 billion at the upper end of the price range.
  • Bumble was founded in 2014 by Whitney Wolfe Herd, who was also one of the founders of rival app Tinder.
Published 02 Feb, 2021 06:53pm