Forge, the marketplace for trading private company shares formerly known as Equidate, announced that it will be acquiring custodial trust company IRA Services for a purchase price of $55 million. IRA Services is a trust company that provides custodial services for retirement accounts managed by individuals and mid-to-large sized Institutions. Stripped of financial jargon, the […]
View More Forge acquires IRA Services to expand offering for private company sharesCategory: initial public offering
Lyft increases IPO price
The ride-hailing giant may charge up to $10 more per share than originally planned.
View More Lyft increases IPO priceMattress startup Casper said to be valued at $1.1B with new funding
The direct-to-consumer mattress business has reportedly raised $100 million from Target, NEA and Norwest Venture Partners.
View More Mattress startup Casper said to be valued at $1.1B with new fundingLyft’s imminent IPO could value the company at $23B
Ridehailing firm Lyft will reportedly make its Nasdaq debut as early as next week.
View More Lyft’s imminent IPO could value the company at $23BEquity Shot: Lyft files to go public and we’re stoked
Hello and welcome back to Equity. Guess what we’re talking about today! It’s Lyft. You guessed correctly.
View More Equity Shot: Lyft files to go public and we’re stokedTechCrunch Conversations: Direct listings
Last April, Spotify surprised Wall Street bankers by choosing to go public through a direct listing process rather than through a traditional IPO. Instead of issuing new shares, the company simply sold existing shares held by insiders, employees and investors directly to the market – bypassing the roadshow process and avoiding at least some of Wall […]
View More TechCrunch Conversations: Direct listingsTencent Music sued by investor ahead of $1.2 billion US IPO
China’s largest music streaming service has had a whirlwind year. With 800 million monthly users across multiple apps and a profitable business, Tencent Music Entertainment is gearing up for one of this year’s most anticipated initial public offerings in the US. But the firm has landed in hot water in the months leading up to […]
View More Tencent Music sued by investor ahead of $1.2 billion US IPOSoftBank sets indicative share price of 1,500 yen for next month’s IPO
In a regulatory filing today, SoftBank Group said it has set an indicative price of 1,500 yen ($13.22) per share for the initial public offering of its domestic telecoms unit next month. This means the offering is potentially worth 2.4 trillion yen (about $21.16 billion), making it one of the largest IPOs ever. The price […]
View More SoftBank sets indicative share price of 1,500 yen for next month’s IPOChinese electric scooter startup Niu files for $150M U.S. public offering
Chinese electric scooter startup Niu Technologies has filed for an initial public offering on Nasdaq to raise up to $150 million. In its form, Niu said it is “the largest lithium-ion battery-powered e-scooters company in China,” according to data from China Insights Consultancy, and also a market leader in Europe based on sales volume. Founded […]
View More Chinese electric scooter startup Niu files for $150M U.S. public offeringMeituan-Dianping’s IPO off to a good start as shares climb 7% on debut
Meituan-Dianping (3690.HK) enjoyed a strong debut today in Hong Kong, a sign that investors are confident in the Tencent-backed company’s prospects despite its cash-burning growth strategy, heavy competition and a sluggish Hong Kong stock market. During morning trading, Meituan’s shares reached a high of HKD$73.85 (about $9.41), a 7% increase over its initial public offering […]
View More Meituan-Dianping’s IPO off to a good start as shares climb 7% on debutEventbrite sets IPO range of $19 to $21, valuing it at $1.8B
Eventbrite has taken its final step toward becoming a publicly traded company. In an updated S-1 filing this morning, the ticketing and events company announced plans to sell 10 million Class A shares on the New York Stock Exchange at a price range of $19 to $21 under the ticker symbol EB. At a midpoint […]
View More Eventbrite sets IPO range of $19 to $21, valuing it at $1.8BRobinhood aims at IPO as the fintech startup seeks CFO
Now valued at $5.6 billion, zero-fee stock trading app and cryptocurrency exchange Robinhood is starting preparations to go public. Just a year and a half ago, it was still largely under the radar. But then it raised a $110 million Series C at a $1.3 billion valuation in April 2017 and then just a year […]
View More Robinhood aims at IPO as the fintech startup seeks CFO