Semiconductor chip company Arm has filed for an IPO on the Nasdaq, seeking a valuation of up to $70 billion, but faces risks and potential headwinds due to financial challenges and geopolitical tensions with China.
Main topic: Zepto's $200 million fundraise and plans for an IPO in early 2025
Key points:
1. Zepto has become a unicorn startup after raising $200 million in a Series E round, valuing the company at $1.4 billion.
2. The fundraise will strengthen Zepto's balance sheet and position the company well for future profitability and an IPO.
3. Zepto's focus is on expanding its quick commerce services in India's largest cities, aiming to achieve $1 billion in annualized sales and profitability within the next few quarters.
Instacart plans to raise up to $616 million in its upcoming IPO, valuing the company at around $7.7 billion, as it aims to compete with traditional retailers and tech firms like Amazon, DoorDash, and Grubhub in the online grocery delivery market.
Birkenstock, the iconic sandal maker, has filed for an initial public offering (IPO) and warned investors about the risks posed by counterfeit products promoted on social media.
German sandal company Birkenstock, known for its anatomically shaped cork-and-latex insoles, is set to become a publicly traded company on the New York Stock Exchange, with an expected valuation of over $8 billion.
Instacart prices its IPO at $30 a share, indicating strong investor interest in new offerings.
Marketing automation company Klaviyo Inc achieved a valuation of $9.2 billion in its IPO after pricing its shares at $30 each, signaling a rebound in the U.S. IPO market.
Wall Street's reaction to recent tech IPOs, including Instacart, Arm, and Klaviyo, has been underwhelming, with investors who bought at the IPO price making money only if they sold immediately, raising concerns about valuations.
German defence contractor Renk plans to price its IPO at 15 to 18 euros per share, potentially giving it a valuation of up to 1.8 billion euros ($1.92 billion), with private equity owner Triton continuing to hold a majority stake and planning to sell up to 27.03 million Renk shares, potentially raising between 405 and 486 million euros.
German footwear brand Birkenstock is preparing to go public with an initial public offering (IPO) that could raise up to $1.58 billion, placing its total valuation at $9.2 billion, and marking the latest test for the US IPO market's recovery after a long dry spell.
German sandal maker Birkenstock is set to be valued at up to €9.2bn ($9.7bn) in its upcoming initial public offering on the New York Stock Exchange, with shares priced at $44 to $49 each, following a resurgence in popularity over the past two years, propelled by celebrity endorsements and fashion trends.
German shoemaker Birkenstock plans to sell shares for between $44 and $49 apiece in its upcoming IPO on the New York Stock Exchange, potentially valuing the company at up to $10 billion.
Birkenstock, a popular sandal maker, has filed for an IPO and has gained popularity across various sectors including healthcare, fashion, and technology, with its designs appearing in movies, fashion shows, and on the feet of influential figures like Steve Jobs.
German sandal maker Birkenstock, known for its emphasis on comfort and support, is set to start trading on the New York Stock Exchange with its initial public offering valuing the company at roughly $8.6 billion, raising questions about the brand's ability to maintain its momentum and whether the pressure of public markets will help or hurt its long-standing reputation.
U.S. stock futures rise as investors await the release of Fed minutes and consider hints from officials about potential interest rate hikes; ExxonMobil is expected to announce a $60 billion acquisition of Pioneer; Birkenstock prices its IPO at $46 per share.
German sandal maker Birkenstock is expected to have a muted debut on the US market, with its shares indicated to open slightly above their offer price and giving the company a potential valuation of $9.74 billion.
Birkenstock's stock ended its Wall Street debut with over a 12% drop from its IPO price, reflecting investor caution and signaling weak demand in the market.
Birkenstock, along with other companies, experienced a disappointing IPO as the stock market slump and external factors affected their debut.
German shoe and sandal maker Birkenstock went public on Wall Street, raising about $495 million in its Initial Public Offering (IPO) despite its shares opening lower than expected.
Birkenstock's IPO stumbled on Wall Street with the worst first-day showing for a US IPO of $1 billion or more in over two years, as bad market timing and disappointing earnings from LVMH overshadowed its conservative pricing strategy.
