SelectQuote is looking to raise about $342 million in an IPO that could value the owner of the insurance policy comparison website at more than $3 billion. The company will offer about 18 million shares at between $17 and $19 per share.
Ripple boss Brad Garlinghouse announced plans to take the company public ‘in 12 months’ at Davos 2020. With XRP prices dropping by around 46% last year, will Ripple IPO boost it’s token’s price this year?
Ebang, a Chinese Bitcoin ASIC chip manufacturer, is looking to go public with new shares. The company has filed with the U.S. SEC for a $100 million IPO.
Virgin Galactic chairman Chamath Palihapitiya raised $720 million for a new blank-check firm. It is 20% more than it was expected earlier.
Binance CEO Changpeng Zhao hit IPOs and venture capital financing. But he was quite optimistic about the evolution of blockchain technology.
INX IPO will launch soon in New York, security exchange from Gibraltar is planning to change the industry with fully regulated trades. The exchange will feature extended compliance and two separate trading layers – for crypto and for classic securities.
Ripple failed to persuade a judge in Oakland, California to dismiss the class-action lawsuit. Will this situation seriously influence XRP price and the company’s plans for an IPO?
Ripple IPO could destroy the XRP price, according to many of the analysts. However, Brad Garlinghouse didn’t say that Ripple will be doing any IPOs.
Warner Music Group is now the latest high-profile company that has taken a decision to go for a public listing in 2020.
Asana has taken a decision to go for an IPO via a direct listing, following Spotify Technology SA and Slack Technologies Inc. that were the first to raise capital this way.
Some experts think that Ripple’s IPO will put an end to the inherently speculative nature of the XRP token that won’t be much appreciated by its investors.
According to Wietse Wind, the lead developer of XRPL Labs, Ripple is considering launching not only a free version of the banking app but also a paid one that will be called ‘Xumm Pro’.
This is a heat zone for investors who listen to offers and demands. Reynolds Consumer that is valued at over $5 billion is going to raise funds in the first billion-dollar IPO this year.
The GE Healthcare IPO is one of the most anticipated public offerings. It will also be the 2020’s largest one as it is expected to overtake the Airbnb IPO. Generally, the IPO market is said to be rather interesting to observe this year.
During an interview at the WEF 2020 event in Davos, Garlinghouse said that more crypto companies will plan to go for an IPO in 2020. The Ripple CEO is confident about the company’s position in the evolution of the payments industry.