Goldman Sachs Group and Morgan Stanley are global coordinators of Allegro IPO.
Ming Yuan Cloud Group Holdings Ltd is going to sell up to 374 million shares at a range of HK$15 to HK$16.50 through a Hong Kong IPO.
Snowflake anticipates raising funds through an IPO later this year. Some of the main venture-capital backers that support Snowflake include Sutter Hill Ventures, Sequoia Capital, Redpoint Ventures, Iconiq and Wing Venture Capital.
As the trade war persists between China and Trump’s administration, Investor Sam Le Cornu said China would make good money via the IPO market.
Nongfu Spring raised over $1.1 billion through its IPO which was oversubscribed 1148 times. Its listing on the Hong Kong stock market makes it one of the biggest listings of 2020.
QuantumScape said that it plans to go public. It is the latest transportation startup to integrate with a special purpose acquisition company or SPAC.
CICC, Citigroup, JPMorgan, and Morgan Stanley will be advisers on the Hong Kong Ant Group’s listing plan, while CICC and CSC Financial will underwrite the Shanghai leg of the IPO.
Paul Ryan will become the chairman of ENPC’s board after its IPO. The company is going to raise $300 million at the offering.
Luminar, a Florida-based startup that makes LIDAR sensors and other components essential for autonomous driving technology, is the latest transportation company to go public via a “reverse merger” with a special acquisition company, or SPAC.
Work management platform Asana has filed for a direct listing on the NYSE. Meanwhile, the company’s FY20 revenue was $142.6M, up to 86% Y/Y. The net loss was $118.6M, up from the prior year’s $50.9M.
Unity is one of the top software companies in the world. In the SEC filing for an IPO, the company estimated that more than half of the top mobile games on the Apple App Store and Google’s Play Store in 2019 were built with Unity.
Airbnb’s decision to go public comes at a time when U.S. capital markets are in the middle of a stunning recovery. Many believe that 2020 is one of the best years for public market debuts in decades.
CureVac B.V., a Dutch biopharmaceutical company, filed for an initial public offering on Friday, with plans to list on Nasdaq under the ticker “CVAC.” The company intends to sell over 13 million common shares at around $14 and $16 per share.
Xpeng Motors, a Chinese electric car manufacturer reportedly raised $400 million ahead of an initial public offering (IPO) in the United States adding onto $500 million that it raised in July.
BigCommerce hopes to raise almost $200 million from its IPO, announcing a new price range that will be between $21 and $23 per share.