China’s Shein files for US IPO in major test for investor appetite- sources

China’s Shein files for US IPO in major test for investor appetite- sources

Shein yet to determine IPO size, valued at over $60 bln in May IPO comes amid challenging markets and U.S. scrutiny Fast-fashion retailers still behind Amazon on sales Nov 27 (Reuters) – Fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter said on Monday, in … Read more

JPMorgan chief Dimon to sell some of his own company stock for first time

JPMorgan chief Dimon to sell some of his own company stock for first time

JPMorgan Chase CEO Jamie Dimon talks to reporters as he leaves the U.S. Capitol after an unannounced meeting with U.S. Senate Majority Leader Schumer that was reportedly about the possibility of the U.S. defaulting on its debt, outside the U.S. Capitol in Washington, U.S., May 17, 2023. REUTERS/Evelyn Hockstein/File Photo Acquire Licensing Rights Oct 27 … Read more

Germany’s Birkenstock set for US listing after $1.5 bln IPO

Germany’s Birkenstock set for US listing after $1.5 bln IPO

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing Rights Oct 11 (Reuters) – LVMH-backed Birkenstock (BIRK.N) was set to list its shares on the New York Stock Exchange on Wednesday after the German luxury sandal maker notched a … Read more

Birkenstock prices US IPO conservatively at $46 per share

Birkenstock prices US IPO conservatively at $46 per share

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing Rights NEW YORK, Oct 10 (Reuters) – German premium footwear Birkenstock Holding (BIRK.N) chose to price its U.S. initial public offering (IPO) conservatively at the middle of its indicated price … Read more

Hopes rise for IPO recovery after September deal rush

Hopes rise for IPO recovery after September deal rush

NEW YORK/LONDON, Sept 29 (Reuters) – Bankers and investors are embracing a degree of optimism for the IPO market following a slew of major market debuts in September that made for one of the busiest months since the start of 2022. So far this year there have been $423 billion worth of equity capital markets … Read more

Klaviyo, Arm, Instacart wobble, raising doubts over IPO revival

Klaviyo, Arm, Instacart wobble, raising doubts over IPO revival

[1/2]A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights NEW YORK, Sept 20 (Reuters) – Marketing automation firm Klaviyo’s (KVYO.N) shares closed well below their first-day high on Wednesday, while a slump in the stocks of Arm … Read more

Marketing automation firm Klaviyo’s shares set to jump up to 23%

Marketing automation firm Klaviyo’s shares set to jump up to 23%

Trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 30, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights Sept 20 (Reuters) – Shares of Klaviyo (KVYO.N) were set to open up to 23% above their IPO price on Wednesday, giving the marketing automation company a potential valuation of … Read more

Klaviyo valued at $9.2 billion after pricing IPO above range -sources

Klaviyo valued at $9.2 billion after pricing IPO above range -sources

NEW YORK, Sept 19 (Reuters) – Marketing automation company Klaviyo Inc (KVYO.N) secured a valuation of $9.2 billion in its initial public offering (IPO) on Tuesday, after pricing the share sale above its indicated range, according to people familiar with the matter. Klaviyo priced 19.2 million shares at $30 apiece, the sources said, requesting anonymity … Read more

Exclusive: Klaviyo leans towards raising IPO price range amid market euphoria

Exclusive: Klaviyo leans towards raising IPO price range amid market euphoria

NEW YORK, Sept 15 (Reuters) – Marketing automation firm Klaviyo Inc is in advanced discussions to raise the indicative price range of its initial public offering (IPO), people familiar with the matter said on Friday, as strong investor demand emboldens stock market hopefuls. Klaviyo, which is seeking an $8 billion fully diluted valuation at the … Read more

SoftBank’s Arm set for Nasdaq debut after biggest US IPO since 2021

SoftBank’s Arm set for Nasdaq debut after biggest US IPO since 2021

Sept 14 (Reuters) – SoftBank’s chip designer Arm Holdings (ARM.O) is set to debut on the Nasdaq on Thursday, in what could be the biggest test for initial public offerings (IPOs) in the United States after a listing drought that lasted for nearly 16 months. The company has secured a valuation of $54.5 billion after … Read more