Arm’s IPO delayed until late next year amid deteriorating market
The IPO of UK-based chip manufacturer Arm is expected to be postponed until next year. The decision comes amid growing concerns of deteriorating economic circumstances preventing investors from buying into the company.
Following the termination of Nvidia's acquisition of Arm, the organization wa... Read more
European Union plans to ease IPO rules to attract 45 billion euros
The EU Commission aims to lure 45 billion euros in reserved money. Additionally, they will analyze how startups can offer stocks to new employees.
The EU plans to increase deep-technology startups within Europe by luring 45 billion euros in reserved money, making it increasingly easy for the cre... Read more
WeRock NV, the company behind WeTransfer, wants an Amsterdam IPO
WeTransfer will seek an Initial Public Offering of shares and listing on Amsterdam’s Euronext stock exchange. The news was announced by the owner of the company on Wednesday. WeRock NV said its offer would include both secondary and primary offerings of shares.
WeTransfer has 87 million monthl... Read more
SentinelOne files for IPO, revealing growing sales and channel strength
SentinelOne is the second cybersecurity company to go for an initial public offering this year, revealing rising sales, losses that are piling up, and a channel-first selling method. The company said those channel partners brought in 96% of its revenue in the fiscal year ended January 31, 2021. &nb... Read more
Confluent confidentially files for IPO
Confluent, the company behind Apache Kafka, filed for an IPO confidentially, late yesterday. The filing was a formal intent to have an IPO, with key details like the proposed price range and number of shares still changing.
Confluent is valued at more than $4 billion and along with companies lik... Read more
Market cap Qualtrics skyrockets after IPO
Qualtrics’ shares have jumped more than 45% in its trading debut after the company sold 51.7 million shares on Thursday night in an initial public offering. It managed to raise more than $1.5 billion.
The shares were priced at $30 per share. Listed under the ticker symbol XM, the company share... Read more