Remove tag ipo plans
article thumbnail

Sebi’s promoter tag push stumps startups, may disrupt IPO plans

CFO News

Portea Medical’s founders hold an 18.07% stake in the company. So far, only founders with at least 25% stake were classified as promoters under the Sebi regulations.

article thumbnail

Paysafe Readies $9 Billion IPO Via SPAC

PYMNTS

billion in an August initial public offering (IPO), and its shares on Friday sat at $10.62 The SPAC is likely to raise around $1 billion in new equity to bolster the transaction. Foley's Foley Trasimene Acquisition Corp. II SPAC raised $1.47 with a market value of $1.95 billion, Bloomberg reported.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

10 Monday AM Reads

Barry Ritholtz

Barron’s ) • Why It’s So Hard for China to Shake the ‘Uninvestable’ Tag : In 2021, Goldman Sachs said the word was starting to feature in a number of client conversations about the country’s stocks. Venture-capital investments are plunging, along with valuations of prepublic companies. This is a risk factor from China.

article thumbnail

WeWork To Sell Iconic NYC Building To Amazon

PYMNTS

Amazon ’s New York expansion plans will now include the former Lord & Taylor building in downtown Manhattan, as the eCommerce company announced that it will purchase the storied building from office sharing startup WeWork , according to the New York Post. Issues with rising retail costs, traffic and more ended up derailing the plans.

article thumbnail

Today In Payments: New Funding Values Tink At $824 Million; Starbucks Shifts 45 Pct Of Stores Toward Drive-Thru, Order Ahead

PYMNTS

In today’s top news, FinTech startup Tink raised €85 million to bring its valuation to €680 million, and Starbucks plans to shift more toward drive-thru and online ordering. Shares of Airbnb soared more than 110 percent from their initial public offering (IPO) price of $68 to finish out the day at $144.71.

article thumbnail

953: Lessons From the Mobile Era | Rodrigo Brumana, CFO, Poshmark

CFO Thought Leader

Strategic Priorities for Poshmark’s Future: Execution of a three-year plan with a focus on sustainable growth. You can sell used products or you can sell new with tags, but the main thing is that it’s really fun. The other thing that I think is important here is to mention that we went IPO in 2021.

CFO 52
article thumbnail

B2B FinTech Could Earn Index Ventures $2 Billion This Year

PYMNTS

Index Ventures’ portfolio includes iZettle and Adyen , with unconfirmed reports of a Funding Circle initial public offering (IPO) that could push Index Ventures into the $2 billion mark. billion in small business loans via its marketplace platform — is rumored to be preparing an IPO later this year.

B2B 40