Category: initial public offering
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’s spectacular train wreck of an initial public offering was an early harbinger that the good times might…
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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 poised for a big rally on Wall Street. The move is more than welcome after stock markets recorded their worst day in…
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IPO pricing for One Medical and Casper will set the tone for 2020’s unicorn debuts
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. As One Medical looks to become the first venture-backed company to price its IPO in 2020 this afternoon and Casper aims to price its own shares next Wednesday, the market…
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Casper’s valuation could fall 40% in IPO as it reports 2019 results
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re taking stock of the latest from Casper, the D2C mattress company that is going public. The unicorn announced its initial IPO price range this morning, targeting a $17…
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