-
Soccer superstar David Beckham’s video-gaming company is planning an initial public offering as it looks to capitalize on growing interest in esports around the world. Guild Esports will become the first esports franchise to list its shares on the London Stock Exchange this fall as it builds a team of elite gamers to compete in …
-
The members of South Korean boy band BTS could become $54 million richer when their record label goes public. Big Hit Entertainment — the Seoul-based music firm behind the world’s hottest K-pop act — revealed in its Wednesday IPO filing that it gave each of BTS’s seven members 68,385 shares last month “for the purpose …
-
Mobile gaming firm Skillz will float its shares on the New York Stock Exchange through a merger with Flying Eagle Acquisition, a blank-check company founded by Hollywood executives Harry Sloan and Jeff Sagansky. The transaction will value Skillz at around $3.6 billion, according to Skillz. Wellington Management, Fidelity Investments, Franklin Templeton Investments and Neuberger Berman …
-
Even The Big Board appears to agree that the IPO business is in trouble. After turning down a similar rule change in December, the Securities and Exchange Commission on Wednesday OK’d an application from the New York Stock Exchange to change how direct listings can be done on the country’s largest ticker temple. Companies looking …
-
Big-data firm Palantir revealed it lost more than half a billon dollars in each of the last two years as it prepared to go public. The secretive data-mining titan co-founded by tech tycoon Peter Thiel pulled back the curtain on its finances in a Tuesday filing for a direct listing that showed net losses of …
-
Two US sports moguls just raised more than half a billion dollars — and insiders bet that they’re shopping for a UK soccer team. Last week, prolific sports banker Gerry Cardinale and Billy Beane — the number-crunching Oakland A’s executive-turned-minority owner played by Brad Pitt in 2011’s “Moneyball” — disclosed they had raised $575 million …
-
Short-term home rental company Airbnb on Wednesday confidentially filed for an initial public offering with the Securities and Exchange Commission, setting the stage for one of the marquee stock market debuts of the year. The number of shares to be offered and the price range for the IPO have not yet been determined, the company …
-
As shoppers raise grocery spending due to the COVID-19 pandemic, plant-based egg startup JUST said it aims to turn an operating profit before the end of next year and then will consider an initial public offering. Expectations for an IPO of the company, officially called Eat Just, have been fueled by a boom in demand …
-
Shares of German biotechnology firm CureVac nearly tripled in their Nasdaq debut Friday, marking the first stock market debut of a company developing a potential vaccine to combat the novel coronavirus. The stock opened at $44 per share, up from the initial public offering price of $16 per share. CureVac, backed by Microsoft founder and …
-
Home rental company Airbnb is reportedly planning to file confidentially for an IPO later this month. The filing would see Airbnb trading on public markets before the end of the year, according to the Wall Street Journal. It arrives as its core home rental business has been pummeled by the coronavirus pandemic, with travelers canceling …
Soccer superstar David Beckham’s video-gaming company is planning an initial public offering as it looks to capitalize on growing interest in esports around the world. Guild Esports will become the first esports franchise to list its shares on the London Stock Exchange this fall as it builds a team of elite gamers to compete in …
