initial public offering

A recapitalization reckoning

If you’re an angel who invested in a startup that was meant to go public in 2014, you might be getting a little bit impatient. High-risk, high-reward investing has lost its shine in this environment

nCino sharply raises its IPO price range, boosting possible valuation to $2.6B

As expected, fintech company nCino has raised its IPO price range. The North Carolina-based banking software firm now expects to sell its shares for between $28 and $29 per share, far more than its in

In pandemic era, entrepreneurs turn to SPACs, crowdfunding and direct listings

If necessity is the mother of invention, then new business owners are getting very inventive in the ways in which they access cash. Relying on some long-tested and some new avenues to raise money, ent

GoHealth eyes multibillion-dollar valuation as it sets its initial IPO price range

GoHealth, a Chicago-based company that provides consumers with a digital portal to help them select insurance products, set an initial price range for its IPO today. The firm intends to price its equi

Fintech startup nCino targets ~$2B valuation in impending IPO

As IPO season continues, another venture-backed tech company is moving closer toward going public. This week nCino filed an updated S-1 filing, providing an initial price range for its equity of $22 t

Secretive data startup Palantir has confidentially filed for an IPO

As the coronavirus pandemic spread throughout the world, Palantir pitched its technology to bring big data to tracking efforts.

Insurtech unicorn Lemonade raises IPO range ahead of debut

Ahead of its expected IPO pricing later today, SoftBank-backed insurtech startup Lemonade has raised its expected price range. After initially targeting $23 to $26 per share in its debut, Lemonade now

Apple device management company Jamf files S-1 as it prepares to go public

Jamf, the Apple device management company, filed to go public today. Jamf might not be a household name, but the Minnesota company has been around since 2002 helping companies manage their Apple equip

Cambricon, once Huawei’s core AI chip supplier, eyes $400M IPO

One of China’s most valuable artificial intelligence chipmakers, Cambricon, is one step closer to its initial public offering, and its prospectus reveals a rare snapshot of where Chinese compani

IPOs that could happen soon, cannot happen soon enough

Earlier today we took a look at two companies that have filed to go public, nCino and GoHealth. The pair join Lemonade in a march toward the public markets. But those three firms are hardly alone. We

NYSE seeks SEC approval for more direct listings

The New York Stock Exchange filed an amendment today with the Securities and Exchange Commission to allow for more direct listings. Direct listings offer a more streamlined method for companies to go

Equity Monday: Quibi, two Boston rounds and a shift to pessimism

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This is Equity Monday, our short-form week-starter in which we go o

Why are unicorns pushing back IPOs when the Nasdaq is near record highs?

The unicorns are still at it, Vision Fund 2 or no Vision Fund 2. This week, Instacart announced that it has raised fresh capital at a valuation north of $13 billion. And, on the tail of that news item

Startup dilution done right: Lemonade IPO edition

Whether Wall Street agrees with the company’s last valuation (roughly $3.5 billion) or not, as a success story for founders to minimize dilution, it’s a really strong contender outside of pure boo

SoftBank-backed Lemonade files to go public

Lemonade, a heavily-backed startup that sells renters and homeowners insurance to consumers, filed to go public today. The company (backed by SoftBank, part of the Sequoia empire, General Catalyst and

Vroom’s new IPO pricing is great news for unicorns

What we have here, then, is not merely another unprofitable unicorn. We have a very low-margin, unprofitable unicorn, that is still drawing enough investor interest to raise its IPO range.

Vroom targets nearly $2B valuation in impending IPO

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Used-car marketplace Vroom continued its march towards going public yesterday wi

NYSE trading and IPOs won’t halt through COVID-19 says vice chairman

Trading and IPOs on the New York Stock Exchange will continue through any economic tremors the COVID-19 crisis may cause. That’s according to the NYSE’s vice chairman, John Tuttle, who spo

SoftBank reportedly balks at commitment to buy $3B in shares from WeWork shareholders

The Wall Street Journal is reporting that SoftBank Group is using regulatory investigations as a way to back out of its commitment to buy $3 billion in shares from existing WeWork shareholders. WeWork

Stocks sharply rebound as markets rally on expectations of government bailout, testing

As America’s fractured Congress inches closer to an agreement on a comprehensive bailout for the economic hardships businesses and workers are facing due to the COVID-19 pandemic, stocks are po
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