#ipo

#ipo

Blockchain lender Figure Technology is the latest crypto company to go public. On Thursday, Figure debuted on the Nasdaq after raising $787.5 million in its IPO. The company's shares listed at $25 but soared almost 30% to trade at $32 Thursday afternoon. That means the company, whose ticker is FIGR, is trading at about a $6 billion valuation. Founded in 2018, Figure's business centers around putting mortgages on the blockchain, which the company says speeds up the granting and funding of home loans.

Klarna, the Swedish buy-now-pay-later company, has made its highly anticipated public debut on the New York Stock Exchange (NYSE), the latest in a run of high-profile initial public offerings this year. Klarna sold 34.3 million shares to investors at $40 a share late on Tuesday and was listed on the exchange on Wednesday. That is above the forecasted range of $35 to $37 a share and values the company at more than $15bn.

Next week, the sector is expected to add one more public company: the cloud cybersecurity platform Netskope. The 13-year-old startup also shares its earliest and largest investor with Rubrik: Lightspeed Venture Partners. The large Silicon Valley firm had a 23.9% ownership of Rubrik when it went public at $6.6 billion last year. In the case of Netskope, Lightspeed owns 19.3% of the company that aims to achieve a valuation of as much as $6.5 billion, according to the updated S1 filing.

Lambda Inc., a cloud infrastructure firm, is negotiating a funding round that could value it at $4 billion to $5 billion ahead of a potential IPO.

Bullish, backed by Peter Thiel, made a stellar debut, raising up to $629 million with an initial valuation of $4.2 billion, and secured an 83% surge on its IPO.

Firefly Aerospace Inc. is a space and defense technology company based in Cedar Park, Texas, specializing in space launch and landing capabilities, including small- to medium-lift launch vehicles and lunar landers.

Heartflow, a California-based medtech company, is set to list shares on the Nasdaq, aiming to raise over $208 million by offering 12.5 million shares.

The IPO of NIQ raised $1.05 billion, crucial for reducing its $4.3 billion debt, with CEO Jim Peck emphasizing the importance of capital over brand awareness.

On July 16, Via Transportation announced it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC), initiating the process for a proposed IPO.

Few digital platforms have the technology infrastructure, product-market alignment, and innovation velocity required to serve this demographic effectively and profitably, and we think Chime is one of them.

Slide Insurance Holdings is set to make its public debut on the Nasdaq at $17 per share, showing strong growth in the competitive insurance market.

John Textor's decision to list Eagle Football for an IPO raises eyebrows amidst his efforts to sell Crystal Palace and uncertainty regarding UEFA regulations.