IPO
Spacex sets US$800 billion valuation, confirms 2026 IPO plans
The Musk-led company is targeting a valuation of about US$1.5 trillion for the entire company[TEXAS] SpaceX has authorised an insider share sale that values Elon Musk’s rocket and satellite...
Ultragreen.ai’s stabilising manager buys 2.3 million shares in fifth stabilising action since IPO
Citigroup Global Markets Singapore has now bought around 17.7 million shares of the medical technology company’s shares[SINGAPORE] The stabilising manager of Ultragreen.ai purchased about 2.3 million shares of the...
Crypto exchange Kraken confidentially files for US IPO
Analysts expect crypto companies to try and go public before the midterm elections next year[BENGALURU] Kraken, one of the world’s largest cryptocurrency exchanges, said on Wednesday (Nov 19) that...
MAS needs to boost retail share of IPO listings
It would be fairer to retail investors and add to market liquidity given the larger pool of shareholdersI REFER to the commentary “It’s sink or swim time for local...
Ticket reseller StubHub’s IPO 20 times oversubscribed, source says
[BENGALURU] Ticket reseller StubHub, which delayed its US listing in April amid market volatility, has drawn over 20 times as many orders for its planned initial public offering (IPO)...
India tweaks IPO rules to allow easier listing for big firms
[MUMBAI] India’s securities market regulator on Friday (Sep 12) made it easier for very large private companies to go public in one of the world’s top destinations for first-time...
Busiest IPO week since 2021 mints US$4 billion for 6 newcomers
[NEW YORK] The initial public offering (IPO) market kicked into high gear this week, with sextet of deals raising more than US$4 billion in the busiest period since 2021. While...
Singapore swim school Fitness Champs splashes into Nasdaq with US$15 million IPO
[SINGAPORE] As a former competitive swimmer waiting to enter university, Joyce Lee started freelancing as a swim instructor in 1999 to help support her family in the wake of...
