IPO
Online health startup Babylon to go public via $4.2 bln SPAC deal
British health tech startup Babylon Health said on Thursday it has agreed to go public through a merger with a blank-check firm led by former Groupon chief Rich Williams, valuing the combined company at a pro forma equity value of $4.2 billion. Babylon will merge with Alkuri Global Acquisition Corp (KURI.O) and will trade on …
Procore Technologies Aims to Digitize Construction. Its IPO Gained 31%.
Text size Procore’s CFO says many construction companies still use pen, paper, and fax machines. Pojoslaw/Dreamstime Procore Technologies is looking to modernize the construction industry, which it says has been slow to adopt technology that could save vast amounts of money. Founded in 2003, Procore (ticker: PCOR) provides cloud-based construction-management software that enables its customers, …
EXCLUSIVE China’s Ant explores ways for Jack Ma to exit
Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators signaled to the company that the move could help draw a line under Beijing’s scrutiny of its business, according to a source familiar with regulators’ thinking and two …
Medicare Advantage Plan Alignment Healthcare Launches IPO
Alignment Healthcare, a provider of Medicare Advantage benefits for seniors, has launched its … [+] initial public offering, trading under the ticker symbol “ALHC” on the Nasdaq Global Select Market on March 26, 2021. In this photo, a page from the 2019 U.S. Medicare Handbook is photographed Thursday, Nov. 8, 2018, in Washington. (AP Photo/Pablo …
5 things to know about Alignment Healthcare’s proposed IPO
Health insurance startup Alignment Healthcare on Wednesday filed registration paperwork with the Securities and Exchange Commission as it prepares to go public, following a trend of recent IPOs in the insure and healthtech space. Alignment Healthcare, an Orange, Calif.-based startup that offers Medicare Advantage plans, was founded in 2013 and is known for its ties …
Oscar Health Could Raise $1 Billion in IPO Next Week
Text size A scene inside the Oscar Center in the Brooklyn borough of New York. Kholood Eid/Bloomberg Oscar Health, the insurance-technology company backed by Josh Kushner, is slated to go public early next month, two people familiar with the situation said. Oscar is scheduled to price its deal on March 2, and trade the next …
2020 Technology and Life Sciences IPO Report | Wilson Sonsini Goodrich & Rosati
Wilson Sonsini’s 2020 Technology and Life Sciences IPO Report presents analysis and data related to the pricing of 123 initial public offerings completed by U.S.-based technology and life sciences companies between January 1 and December 31, 2020. The report includes IPO filing, pricing, and value statistics for both sectors; governance and board of director details; …
Medical Technology SPAC VIDA FLaSH Acquisitions files for a $175 million IPO
TipRanks 2 “Strong Buy” Penny Stocks That Could Rally Over 100% Bank of America has a strong reputation for keeping finger on the pulse of the financial world – and one of its key tools is the Global Fund Manager Survey, conducted monthly and seeking opinions from more than 200 hedge fund, mutual fund, and …
RLX Technology Seeks to Raise $1.17 Billion in U.S. IPO
(Bloomberg) — Chinese e-cigarette maker RLX Technology Inc. plans to raise as much as $1.17 billion from a U.S. initial public offering, highlighting how American stock exchanges remain attractive fund-raising venues for mainland companies despite rising tensions between the world’s two biggest economies. RLX Technology, backed by Sequoia Capital China, is selling 116.5 million American …
This Is the 1 Must-Buy IPO Stock for 2021
Investors always want to find the ground-floor opportunity that will make them rich. Whenever a well-known, respected privately held company decides to go public, it creates a frenzy of buying interest that often ends up bringing huge first-day pops in the stock price. As we saw in 2020 from red-hot IPOs like Snowflake (NYSE:SNOW) and …
