Tag Archives: IPO News

CoinspeakerReddit Announces $34 Price Point for IPO Shares in First Social Media Company Debut since 2019 Reddit has confirmed its RDDT shares will trade at $34 at the IPO as the company hopes to raise $748 million from 22,000,000 shares. Reddit Announces $34 Price Point for IPO Shares in First Social Media Company Debut since 2019

CoinspeakerTelegram Approaching Profitability and Considering IPO after Surpassing 900 Million Users Telegram has achieved a significant milestone by surpassing 900 million monthly active users. Speculation about the launch of an IPO has arisen, fueled by Telegram's meteoric rise and financial progress. Telegram Approaching Profitability and Considering IPO after Surpassing 900 Million Users

CoinspeakerK Bank Takes Advantage of Bitcoin’s Success, Plans to Launch IPO Under the leadership of its newly appointed CEO Choi Woo-hyung, K Bank is determined to establish itself as a trusted and innovative financial institution. K Bank Takes Advantage of Bitcoin’s Success, Plans to Launch IPO

CoinspeakerReddit Aims to Raise Up to $748M at Valuation of $6.5B in Highly Anticipated IPO Reddit recently disclosed its crypto holdings as it is planning to sell its shares during the hotly anticipated IPO. Reddit Aims to Raise Up to $748M at Valuation of $6.5B in Highly Anticipated IPO

CoinspeakerReddit IPO Roadshow Set to Kick Off, Anticipating $6.5B Valuation Reddit is targeting a price range of $31 to $34 per share, which could translate to a valuation of up to $6.5 billion. Reddit IPO Roadshow Set to Kick Off, Anticipating $6.5B Valuation

CoinspeakerInvestors Encourage Reddit to Aspire for $5B Valuation in Upcoming IPO As part of the planned IPO Reddit intends to sell approximately 10% of its shares. And it is a decision that will significantly influence the final IPO valuation. Investors Encourage Reddit to Aspire for $5B Valuation in Upcoming IPO

Recent moves at Pleo, including the appointment of a new CFO, have sparked speculation about a potential IPO, driving expectations for a valuation surge beyond the current $4.7 billion mark as of August 2023.  European fintech company Pleo has welcomed a new chief financial officer to expand its executive team and bolster its business offerings, CNBC reported Wednesday.  According to the report, Pleo, known for offering simplified expense management and smart company cards to make payments...

Reddit initially filed for an IPO in December 2021 and was expected to make its public debut the following March. For the umpteenth time, the popular social media platform Reddit is reportedly getting set to make its public debut. This follows after a recent Bloomberg report confirmed that the firm has made reasonable progress in that regard. Per Bloomberg, Reddit is currently in talks with potential investors and its Initial Public Offering (IPO) could happen as early as the first quarter...

In tandem with the IPO preparations, Bithumb has initiated efforts to improve its corporate structure. Bithumb, one of South Korea’s leading crypto exchanges, is reportedly gearing up for a groundbreaking Initial Public Offering (IPO) on the KOSDAQ, South Korea’s equivalent of the Nasdaq Composite (INDEXNASDAQ: .IXIC). Bithumb IPO: An Ambitious Move A recent report from local news outlet Edaily indicates that Bithumb is setting its sights on becoming the first digital asset company to go...

A Circle spokesperson confirmed that a public listing is not exactly far from the firm’s aspirations. Circle, the issuer of the USD Coin (USDC) stablecoin, is reportedly in talks with its advisers over an initial public offering (IPO) for early 2024. According to Bloomberg, which cited sources with inside knowledge about Circle, the deliberations may or may not end up in a public listing. If it does go public, however, sources did not share what valuation Circle is expected to hit. But the...