IPO

Where to Invest in 2020?

Where to invest in 2020? TOP 5 directions. Where to invest money online or offline this year, how to “buy time” and receive interest even when you are not working? Where to invest in 2020 in order to receive monthly income, how best to do it, as well as several important recommendations from professionals in...
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Mining Chip Maker Ebang Next in Line to File for US IPO

Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer plans to follow Canaan’s footsteps with an attempt to be listed on the American...
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Alibaba, OneConnect Leads China’s Blockchain Patent Race

Alibaba and OneConnect scored the highest in China’s recent Blockchain Patents list after they both filed IPO prospectuses at the same time. The development of blockchain technology continues to rage on across the world, and countless corporations are struggling to take the lead. A little over a week ago, on November 18th, BlockData published a...
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Does Big Drop of Major Bitcoin Mining Firm’s US IPO Valuation Show Declining Crypto Sentiment?

Crypto market sentiment can be gauged by a number of different factors. In 2018 global regulators stomped all over ICOs which pretty much ended the altcoin run but this year it could be Bitcoin mining giants that signal a waning of interest.Bitcoin Mining Giant Drops IPO ValuationA few hours ago it was reported that Canaan...
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Deutsche Bank Changes Tune: Sponsors Bitmain IPO

If you’ve been on Crypto Twitter at all, you likely know that German financial institution Deutsche Bank has long been an enemy of the diehard strain of Bitcoin enthusiasts for years now. Not only does Deutsche Bank deal in fiat, but in early 2018, the firm wrote in an extensive research report that “Bitcoin is...
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Mining Giant Bitmain Confidentially Files for U.S.-Based IPO

According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement of a facility in Texas with the capacity to house 300MW of hashpower. Also read:...
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Bitmain Under Radar as It Files For Secret IPO in the US SEC

Chinese cryptocurrency miner Bitmain Technologies has secretly applied for an IPO in the US Securities and Exchange Commission (SEC). The report says that German multinational Deutsche Bank is the main sponsor of this secret IPO application. Bitmain has not yet revealed the amount it intends to raise. However, an earlier report had mentioned that Bitmain...
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Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq

Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters. Also read: 4 New High-Powered...
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Mining Giant Canaan Creative Files to Go Public in the US Markets

Beijing-based Canaan Creative, a leading manufacturer of blockchain servers and solutions for repetition ASIC chips, has again filed to go public (this time in the US markets). The company, which is one of the world’s largest crypto mining equipment producers, filed its initial public offering (IPO) prospectus with the US Securities and Exchange Commission (SEC)...
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INX Crypto Trading Platform Will Use Brave New Coin’s BTC and ETH Indices for Forthcoming IPO

Photo: Shutterstock Per a recent announcement, blockchain and cryptography data and research company Brave New Coin (BNC) has said that its cryptocurrency indices will now be applied by crypto trading service INX, as it prepares to launch its first fully approved security token sale. INX is focused on making sure that its offerings and practices...
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WeWork Bailout Swings Between Two Choices To Avoid Bankruptcy

In a dramatic turn of events, WeWork, real estate company is deduced to run out of money in Mid November 2019. WeWork had earlier seen the $12 billion investments and were in plans to launch an IPO to raise more funds. However, SEC found out serious shortcomings while WeWork IPO filing. The company has around...
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4 New High-Powered Bitcoin Miners Revealed

Bitmain Technologies and Canaan Creative have announced new mining rigs that process roughly 58-73 terahash per second (TH/s). Sources also reveal that Canaan’s initial public offering (IPO) could be listed in the U.S. next month. Also Read: Mining Firm Canaan Creative Secures Hundreds of Millions of Dollars in Funding Bitmain and Canaan Introduce Bitcoin Miners...
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Saudi Aramco to Publish IPO Prospectus Before October Ends

Reportedly, Saudi Aramco is ready to release its IPO prospectus very soon. Although a final decision on its public offering has not been made, the prospectus will precede other moves by the company, up to a final decision. Before the end of October, Saudi Aramco, the world’s largest oil producer, will be filing a prospectus...
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SoftBank Founder Ritesh Agarwal Investing $700M in Oyo’s New $1.5B Financing Round

India’s largest budget lodging startup Oyo Hotels and Homes said today it plans to raise about $1.5 billion as part of a new financing round as the startup looks to expand its footprints in the U.S. and Europe. Ritesh Agarwal, SoftBank Group Corp. founder, Oyo Hotels and Homes said his company is raising $1.5 billion...
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Taboola and Outbrain to Merge Into a $2 Billion Company

Photo: Taboola / Twitter Advertising company Taboola and its competitor, web advertising platform Outbrain announced they are merging, forming one company. Even though this is a mutual company, it will nevertheless be called Taboola, and Taboola’s founder Adam Singolda will act as its CEO. Taboola is said to pay Outbrain investors $250 million in cash...
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Nasdaq Stifles IPOs of Small Chinese Companies

Because the Nasdaq is more concerned with U.S. investors, the index has commenced efforts to reduce the number of IPOs it hosts from small Chinese companies. Nasdaq is now very reluctant with approvals and support for these firms. Nasdaq has officially begun taking deliberate steps to stifle as much as possible, initial public offerings (IPOs)...
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Peloton (PTON) Stock First Day Trades Burn $900 Million Capital Disappointing Investors

Peloton’s first day on the stock market was disappointing, to say the least, and it ended as the third-worst IPO performer. PTON stock kept on sliding throughout the day, ending on a much worse note than it started. The initial public offering (IPO) for Peloton Interactive Inc., was launched yesterday with the hopes that the...
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Peloton Plans to Raise $1.2 Billion from IPO Priced at $29 Per Share

The Peloton interactive workout company has announced a share price of $29 each, for its IPO. The company has recorded consistent losses and it is generally hoped that this IPO would change things considerably. Peloton Interactive Inc., a fitness company popular for its engaging workout routines run on its exercise equipment, has announced on Wednesday, its...
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Ping An’s OneConnect Plans for Mid-November IPO in the U.S. Market

In recent news, OneConnect, which is the blockchain and fintech arm of the Chinese biggest insurer Ping An, is planning to launch an initial public offering (IPO) in the U.S. market, New York specifically. Recently, people familiar with the matter, shared information that OneConnect, which is the fintech and blockchain unit of the Chinese insurance...
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GitLab’s Total Valuation Reaches $2.75 Billion Ahead of IPO Scheduled for 2020

Photo: Coinspeaker Technology innovation startup GitLab which operates fully remotely has raised $268 Million in series E funding ahead of the planned IPO. This was revealed on Tuesday the 17th of September by the company. This brings to $426 Million the total amount invested since 2015 and the $2.75 Billion the total valuation of the company which is...
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Huobi Reportedly Plans a Backdoor IPO on the Hong Kong Stock Exchange

Photo: Shutterstock Over the last one month, cryptocurrency exchange Huobi has been flexing its muscles to launch its IPO. The latest filing documents suggest that Hubo is planning for a backdoor entry to the Hong Kong Stock Exchange (HKEX). The filing dated September 10, mentions Hong Kong-based electronics manufacturer Patronics Holdings Ltd. Huobi acquired this...
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Peloton Plots IPO With the Stock That Could Be Worth $8 Billion

Photo: Peloton / Twitter Maker of stationary bikes Peloton finally revealed some more info of the company’s plan to go public. The fitness startup famous for their on-demand workout programs on exercise bikes, announced they are planning to raise $1.33 billion in an initial public offering (IPO). Peloton filed to become a public company in...
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Alibaba Founder and Chairman Jack Ma Officially Retires

Jack Ma, who is one of the technology heavyweights of all time is stepping down after a prolific career as founder and Chairman of the Alibaba Group. He is known to have been steered Alibaba from idea to startup to Global Technology giant. Prolific Billionaire Jack Ma has stepped down as Chairman of Alibaba. After...
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WeWork Mulling Either Downward Valuation Revision or Outright IPO Cancellation

WeWork has decided to revise downwards its initial valuation to $20 billion. How it intends to go through with the IPO remains unknown. Investors have already indicated skittishness following potential conflicts of interests on the part of the CEO. Corporate space provider WeWork is said to be considering either reviewing its market valuation down to...
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WeWork Heading for an IPO, Should You Buy In?

The We Company is looking to raise billions of dollars in its upcoming IPO. However, many potential investors are worried that there’s too much going on there that isn’t explanatory. Should you invest in WeWork? Founded in 2010, WeWork is a company in the business of creating fully set up workspaces for several interested entities...
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Swedish Buyout Company EQT Seeks to Conduct the Biggest European IPO

Photo: EQT / Twitter Swedish buyout firm and one of the biggest in the Nordic region, EQT Partners, apparently plans a Stockholm listing this year in what could be the called a biggest European IPO for one private equity firm in more than twenty years. The planned IPO is supposed to enclose 20% of the...
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Indoor Fitness Startup Peloton Files for an IPO with $915 Million in Revenue

Photo: Peloton / Twitter Indoor fitness startup Peloton that specialized in making inter-connected treadmills and stationary bikes plans to file for an IPO after generating $900 million in revenue in the last fiscal year ending June 30. In its recently released documents and the submission of the S-1 statement to the U.S. Securities and Exchange...
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Ping Identity Files For an IPO, Plans to Raise $100 Million

Photo: Ping Identity Recently, Ping Identity filed an S-1 form to the U.S. SEC (Security and Exchange Commission) which indicates that the company is looking to raise up to $100 million in an IPO on the Nasdaq exchange with a ticker “PING”. The initial S-1 filing doesn’t have an indicated price range, but it is...
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Bitcoin Maximalists Embrace Ethereum After Receiving an Offer They Can’t Refuse

A group of hardcore bitcoin maximalists have heroically overcome their hatred for Ethereum after receiving ERC20 shares in crypto exchange INX worth hundreds of thousands of dollars. The staunch BTC loyalists, led by Blockstream CTO Samson Mow, have agreed to support a project built on Ethereum, despite all the mean things they’ve said about it....
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Crypto Exchange INX Aims to Raise $130 Million in Ethereum Token IPO

Cryptocurrency exchange INX Limited is angling to bring a security token built on Ethereum to market, and it’s doing so by trying to become the first company to run its token sale as an “IPO” — or Initial Public Offering — with the graces of the U.S. Securities and Exchange Commission (SEC). IPOs are a...
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