IPOs News

General Atlantic, Index Ventures, and Accel-backed website-hosting service Squarespace Inc are eyeing a direct 2021 listing instead of a traditional initial public offering (IPO), Bloomberg reports. Squarespace would join the likes of Roblox Corp (NYSE: RBLX), Palantir Technologies Inc (NYSE: PLTR), Slack Technologies Inc (NYSE: <a class="editor-rtfLink" href="https://www.benzinga.com/stock/work#NYSE" style="color:#4a6ee0; …Full story available on Benzinga.com

Coinbase Global (NASDAQ: COIN) is undisputedly the hottest IPO since Snowflake Inc (NYSE: SNOW) and the timing of its debut on the NASDAQ could not be better.  Bitcoin recorded all-time highs today, and digital assets such as NFTs have been in the spotlight for the past month, with even the New York Stock Exchange announcing that…

The direct listing for Coinbase is a Netscape moment for the cryptocurrency economy, Michael Novogratz, founder and CEO of Galaxy Digital, said on CNBC's "Squawk Box" Wednesday. Institutions are going to come flooding into this space, he said.  "Squawk Box" co-anchor Andrew Ross Sorkin noted that Netscape quickly dissapeared and is not talked about anymore. Sorkin asked Novogratz if…

The latest biotech-SPAC deal has arrived with Cambridge, Massachusetts-based Tango Therapeutics announcing its reverse merger with Boxer Capital’s blank-check company BCTG Acquisition Corp (NASDAQ: BCTG). With a spotlight on three lead programs, Tango expects total proceeds of $353 million in the deal, including around $167 million held in the SPAC and an additional $186 million in PIPE financing. When the deal closes, Tango’s…

Open interest on Bitcoin futures across the largest crypto derivatives exchanges hit a record high of $27.5 billion, according to data from Glassnode. What Happened: Binance accounted for the majority of this share, with over $5.23 billion in open interest, followed by ByBt with $4.6 billion. #Bitcoin Futures Open Interest across major exchanges reaches record highs…

Coinbase (NASDAQ: COIN), the largest cryptocurrency exchange in the U.S., goes public today via a direct listing on the Nasdaq. What Happened: The event marks an important milestone for the entire crypto industry, as it will be the first time a major cryptocurrency exchange goes public. Apart from serving as a significant catalyst for mainstream…

Binance, the largest cryptocurrency exchange by volume, will list a tokenized version of Coinbase’s stock on its platform. What Happened: Trading for the Coinbase stock token, known as COIN, will enable users to trade fractional amounts of the Coinbase stock on Binance’s website. According to an announcement from Binance, the COIN/BUSD trading pair will be…

EMERYVILLE, Calif., April 14, 2021 (GLOBE NEWSWIRE) — Zymergen Inc. (“Zymergen”), one of the world's foremost biofacturing companies, today announced that it has launched the roadshow for the initial public offering (“IPO”) of 13,600,000 shares of its common stock. The initial offering price is expected to be between $28 and $31 per share. The underwriters…

Geely Automobile Holdings Ltd’s (OTC: GELYF) parent Zhejiang Geely Holding Group Co and among China’s largest automakers that owns multiple brands, is in talks to sponsor two blank-check acquisition deals, reports the Wall Street Journal. What Happened: The multinational company that also owns Volvo Car Group is in talks to sponsor a $300 million special purpose acquisition company for a…

Cryptocurrency exchange Coinbase Global, Inc (NASDAQ: COIN), expected to list on the Nasdaq through a direct listing on Wednesday, has been assigned a reference price of $250 per share, according to Nasdaqtrader.com. What Happened: Nasdaq is required to determine the price due to prevalent rules, and the price should not be confused with an offering…

BASEL, Switzerland, April 13, 2021 (GLOBE NEWSWIRE) — VectivBio Holding AG, (“Vectiv” or “VectivBio”) (NASDAQ:VECT), a clinical stage biopharmaceutical company focused on the discovery, development and commercialization of innovative treatments for severe rare conditions for which there is a significant unmet medical need, today announced the closing of its initial public offering of 8,625,000 ordinary…

DALLAS, April 13, 2021 (GLOBE NEWSWIRE) — Hallmark Financial Services, Inc. (the “Company” or “Hallmark Financial”), a property and casualty insurance company comprised of three business segments (Specialty Commercial, Standard Commercial, and Personal), today announced that, based on its previously announced evaluation of the separation of the Specialty Commercial business segment, it plans to pursue…

The Securities and Exchanges Commission (SEC) has been vocal about making changes to the SPAC industry. The latest change from the SEC could center around how SPAC warrants are classified. What Happened: Warrants, which are typically issued for SPACs when units begin trading, could be reclassified by the SEC according to Bloomberg. SPAC units typically…

A clean lifestyle product company founded by actress Jessica Alba has announced plans to go public with a planned IPO. The IPO: The Honest Company (NASDAQ: HNST) filed to go public and list on the Nasdaq with the ticker HNST. About The Honest Company: The company was founded by Alba in 2012. The brand was…

The initial public offering (IPO) market has been active—some would say hot—in recent days. CNBC reported that 2020 was the busiest year since 2014, with a total of 218 new listings. And 2021 could be even hotter, considering there have already been 95 new listings as of March 30, according to IPO tracker Renaissance Capital. Meanwhile, another…