IPO

Shares of Xos Trucks finished 14.5% lower on their first day of public trading Friday as the electrification startup met the disdain that other emissions-free truck makers and infrastructure companies have endured. The shares opened at $8.64 on the Nasdaq, rose to $9, and then fell as low as $7.27...

ByteDance, the owner of the short video platform TikTok, is aiming to go public with a listing in Hong Kong by early 2022, the Financial Times reports. The company is planning for the IPO either in the fourth quarter of this year or early 2022, FT reports citing sources. In April, ByteDance said...

About two weeks ago, thousands of people across the United States took to the streets in protest, hoisting signs with damning statements like "Driving us into poverty" or "32 cents a mile is not enough." In cities from Los Angeles to Boston, the masses clamored to be heard, tensions flared and the...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Los Angeles, California—August 2, 2021— Troika Media Group, Inc. (NASDAQ: TRKA) ("TMG" or "Company"), a...

The China Securities Regulatory Commission (CSRC) has said that it will initiate talks with its U.S. counterpart and support overseas listings after the U.S. Securities and Exchange Commission halted the initial public offerings of Chinese companies, Reuters reports.  The CSRC is...

Four months after raising $1.2 billion, instant delivery application Gopuff announced it has closed on a Series H round for $1 billion, reaching a $15 billion valuation. The round was led by new investor Blackstone's Horizons platform and its previous investor Fidelity Management and Research Co....

The beauty industry has a bad habit of labeling everything as a trend, even eliminating toxic ingredients. Clean beauty is no exception of this phenomenon, resulting in many brands using the term vaguely without a real green commitment. However, consumers are demanding better quality, cleaner and...

Last week's 19 IPO week had a lot of life sciences and software. This week, US IPO activity continues at a record with 25 scheduled IPOs, marking the fifth week in 2021 with at least 17 US IPOs, the most since 2000. With the August lull just around the corner, five SPACs raised $895. Here is a...

After another week of record activity, the IPO market will be even hotter with 25 scheduled IPOs this week. If all scheduled IPOs begin trading as expected, this will be the busiest week for the US IPO market in more than two decades. In its eagerly awaited public debut, commission-free retail...

The shortened week had a few events on the economic and policy fronts. There was only a few corporate news, including Levi Strauss & Co (NYSE: LEVI) that reported fiscal second-quarter earnings along with Costco Wholesale Corporation (NASDAQ: COST). On the same day, Stellantis N.V. (NYSE:...

We have witnessed a record last week, with 19 launched IPOs and almost $10 billion raised. That is the most companies in one week since 2004. Even more, the NYSE floor which has been rather quiet in the past year came back to life. SPACs have been favored for a good part of 2020 and the beginning...

Last week turned out to be the busiest IPO week since 2004. Nearly $10 billion was raised in 19 public offerings. DiDi Global (NYSE: DIDI), a Chinese ride-hailing app with 15 million drivers across 4,000 towns and cities, led the way by raising $4.4 billion at a $70.4 billion market cap....

India-based e-commerce shopping portal Flipkart announced Monday it has raised $3.6 billion in new funds from a group of investors, including one very big name: Walmart (NYSE: WMT).  "Flipkart is a great business whose growth and potential mirrors that of India as a whole — that's why we invested...