It plans to sell 6.6 million shares of its class A common stock at $88 apiece, exceeding its earlier price range of $76-$84 apiece, Ibotta added. Increased buzz around artificial intelligence and hopes of a rebound in the U.S. IPO market from a two-year slump, buoyed by a possible soft landing for the economy have encouraged more tech companies to test the IPO waters. Ibotta, founded in 2011, provides a platform for brands to deliver promotions to customers and offer cash back rewards on their...
ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider at about $4 billion, Bloomberg reported Friday (April 19), citing unnamed sources. The firm has tapped J.P. Morgan Chase to lead its IPO and is also working with Citigroup, according […]
StubHub is eyeing a summer initial public offering and the online ticketing service is aiming for a valuation of at least $16.5 billion.
CVC Capital Partners, a Luxembourg-based private equity group, aims to raise €1.25 billion through a listing in Amsterdam in the coming weeks involving both new and existing shares. The company, founded over 40 years ago, officially confirmed its plans on Monday, after two earlier attempts failed because of volatility on the financial markets. The company has €186 billion in assets under management and invests in companies, debt and infrastructure. CVC has a workforce of 1,154 people, of whom...
Vistry Group (LON:VTY – Free Report) had its price target hoisted by JPMorgan Chase & Co. from GBX 580 ($7.22) to GBX 1,380 ($17.18) in a report issued on Friday, Marketbeat.com reports. They currently have an overweight rating on the stock. Separately, Berenberg Bank increased their price target on shares of Vistry Group from GBX […]
The viagogo-owned ticket resales company has accumulated more than $2 billion in debt Source
Investors close to Elon Musk are in talks to help xAI raise $3 billion in a round that would value the artificial-intelligence startup at $18 billion. The venture-capital firm Gigafund and Steve Jurvetson, a prominent Musk backer and co-founder of another venture firm, are among the backers considering investing in the round, the people said.
Ibotta, a digital rewards company, raised $577.3 million in its IPO
On Monday, Craig-Hallum maintained a positive outlook on Credo Technology
A bipartisan group of Senators and Representatives introduced a pair of bills Wednesday to counter antisemitism, calling for a federal interagency task force against the hate. Sen. Jacky Rosen (D-Nev.) and James Lankford (R-Okla.) led the Senate’s Countering Antisemitism Act, while Reps. Kathy Manning (D-N.C.), Chris Smith (R-N.J.), Brian Fitzpatrick (R-Pa.), and Randy Weber (R-Texas)
(ONN) - An advocacy group is hoping to change the minimum wage in Ohio. The Ohio Capital Journal reports that Ohioans could have a chance to vote to raise the minimum wage to $15 an hour by 2026. Raise the Wage Ohio is collecting signatures to put a proposed constitutional amendment on this year's ballot
XPO (NYSE:XPO – Free Report) had its price objective boosted by Bank of America from $137.00 to $139.00 in a research report report published on Monday, Benzinga reports. Bank of America currently has a buy rating on the transportation company’s stock. XPO has been the topic of several other reports. The Goldman Sachs Group upped […]