The company, which harnesses robotics to produce things such as coffee and beer-pouring arms, priced its shares at 26,000 won each. At the start of trading, shares kicked off at 59,100 won each, 127% higher than the set IPO price. At one stage, the shares reached as much as 67,600 won. Analysts attribute this positive…
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This is stirring up a lot of interest in the intended IPO of the SoftBank-owned Arm, which is aiming for a valuation between $50bn and $55bn. Reports indicate this chip designer plans to price shares between $47 and $51 each when it launches on the market. Considering these figures, Arm will land an offering between…
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According to a source familiar with the matter, Saxo can also consider private share placement as shareholders Chinese automaker Geely (0175.HK) and Finnish insurer Sampo (SAMPO.HE) are looking to reduce their stakes. Fournais said that the company will keep “all options open” but the plan for now is to go public. The bank announced its…
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Additionally, the company also revealed its plans for consolidation of ACY Securities, the financial services arm, and Zerologix, the sister technology arm of the ACY Group to form ACYLogix Pty Ltd, a new holding company. Jimmy Ye, Chief Executive Officer at ACY Securities said: Once the consolidation has been successfully executed, PWC will then formally…
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Clare Cole, the Director of Market Oversight at the Financial Conduct Authority, said: The London market is trusted the world over by companies looking to raise capital and those wishing to invest in them. That trust is created by strong standards and a world-leading concentration of buyers, sellers and the advisers who support them. The…
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A competitor of Coinbase Global Inc., Blockchain.com, was valued at $14 billion at a Series D funding round that took place in March and was led by Lightspeed Venture Partners. Blockchain.com has a presence in more than 30 states in the US including Michigan, Georgia and North Dakota.
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The company’s sale value reached £3.9 billion, which is the largest listing of a UK private equity firm in decades. This development left questions about whether Bridgepoint might have priced its IPO too low at £2,881 million. However, pricing the deal higher may have caused to be accused of trying to get short term gains,…
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The two companies submitted a draft registration statement on Form F-4 to the SEC, which is technically not an IPO prospectus. After many publications in the media about the Israeli trading company’s intentions to go public, in March, eToro confirmed its plans to merge with blank check company FinTech Acquisition Corp. V and become listed on NASDAQ.…
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The company has identified significant consolidation opportunities within the relatively disjointed territory in which it operates. Within the market, many small players lack the necessary scale and are also beginning to struggle with the increasing burden of regulations and technology. Marex has also managed to demonstrate profitable growth despite the presence of recent market volatility,…
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Eventus Systems, Inc has just announced that it has signed Australian stock brokerage firm Morrison Securities as a client. Eventus will deploy its Validus platform for trade surveillance in equities, equity options and warrants for the Sydney-based company. Eventus Systems has steadily grown its presence around the world including in the APAC region. Morrison Securities…
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