IPO

Shortly after shipping electric vehicles to the U.S., Vietnamese EV maker VinFast Auto Ltd. filed for its initial public offering in the U.S. What Happened: VinFast, on Tuesday, filed a red herring prospectus with the SEC on Form F-1, which is meant for foreign issuers of equity, without stating...

Chinese e-commerce giant JD.com‘s (NASDAQ:JD) fintech arm is eyeing to go public as early as the end of 2022 after a first failed attempt earlier this year. What Happened: JD Technology is looking for Beijing’s market regulators’ approval to go public in Hong Kong, people with...

Intel Corporation (NASDAQ: INTC) has trimmed the initial public offering valuation of its self-driving car unit Mobileye, underlining the struggles of the IPO market amid the sell-off seen in equities. What Happened: Intel is now targeting a valuation under $20 billion and looking to...

Mobileye, a self-driving tech company owned by Intel (NASDAQ: INTC), has just filed for IPO with the SEC under the symbol MBLY. According to the prospectus shared with the SEC, Intel is planning to list Class A common shares while retaining ownership over Class B stocks. Class B stocks have ten...

Key Takeaways: AIM Vaccine is finally landing on the Hong Kong Stock Exchange at its third attempt, but has only issued 0.8% of its total share capital, raising a net HK$70 million The company issued equity incentives worth a whopping 900 million yuan to its chairman before going public, and swung...

Key Takeaways: After taking its Lepu Biopharma unit public in February, Lepu Medical is pressing ahead with a third attempt at listing is Lepu ScienTech unit in Hong Kong China’s healthcare regulator has said it won’t include innovative medical equipment in its bulk purchase programs,...

European markets are primed for the hotly anticipated Porsche initial public offering following news that Volkswagen is targeting a €75bn valuation upon its debut. Landing on the Frankfurt stock exchange on the 29th September, the stock’s flotation is set to be a major test for a...

Innovative Industrial Properties, Inc. (NYSE: IIPR), announced that it has commenced a public offering of 1,000,000 shares of its common stock. IIPR is an internally-managed real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized...

Shipping and logistics company FedEx Corp (NYSE: FDX) announced Tuesday morning a change to its CEO to happen later in 2022 as its founder and longtime CEO will step down. Here’s a look at how shares have performed since their IPO. What Happened: FedEx announced Fred Smith, the founder,...

Akanda Corp (NASDAQ: AKAN) an international medical cannabis company, announced the pricing of its initial public offering of 4 million common shares at $4.00 per share to the public for a total of $16 million in gross proceeds to the Company, prior to deducting...

Key takeaways Arrail Group has passed a listing hear in Hong Kong after becoming profitable at the operating level in its latest fiscal year Company hopes to take advantage of a fragmented Chinese dental market that could be worth 300 billion annually yuan by 2025 By Molly Wen The healthcare...

Key Takeaways: OneConnect said it has filed to make a ‘listing by introduction’ in Hong Kong, meaning it will become traded there but won’t raise any money or issue new shares Provider of digital services to banks reported its number of ‘premium’ customers grew 34%...

Key Takeaways: ‘Expert network’ operator Capvision Partners has filed for a Hong Kong listing to raise up to $300 million The company boasts fast revenue growth and impressive profit margins, but also faces regulatory risk that was the focus of a U.S. crackdown a decade ago By Doug...

By Peter Jobes Car sharing marketplace, Turo Inc has launched its filing for a stock market floatation in the United States. The Daimler AG-backed startups also revealed its finances for the first time, highlighting a 207% jump in revenue in 2021. With the company well on the road to profitability...

Key takeaways: Tuhu has filed for an IPO in Hong Kong, after reportedly abandoning its original plan to raise up to $400 million through a U.S. listing Intense competition in the aftermarket car services industry has kept the company firmly in the red, as it eyes new energy vehicles to turn the...