#WeWork in talks to go public through SPAC deal

#WeWork in talks to go public through SPAC deal

“#WeWork in talks to go public through SPAC deal” WeWork is in talks to go public through a merger with a special purpose acquisition company and is also exploring raising funds from private investors, a little over a year after its botched initial public offering, according to a source familiar with the matter. The office-sharing startup’s…

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#Saks Fifth Avenue reportedly plotting spinoff of Saks.com

#Saks Fifth Avenue reportedly plotting spinoff of Saks.com

“#Saks Fifth Avenue reportedly plotting spinoff of Saks.com” Saks Fifth Avenue is looking to spin off its dot-com business in a potential initial public offering within a year. The luxury retailer owned by Toronto-based Hudson’s Bay Co. left the Toronto Stock Exchange in March to become a privately held company, but management has prepared materials…

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# Coinbase buying spree continues with the acquisition of Bison Trails

# Coinbase buying spree continues with the acquisition of Bison Trails

“# Coinbase buying spree continues with the acquisition of Bison Trails ” Coinbase, the U.S.-based cryptocurrency exchange, has made another strategic acquisition — this time in the critical field of blockchain infrastructure.  The company announced Tuesday that it had acquired Bison Trails, a fully managed blockchain infrastructure provider, in a deal that provides a “foundational…

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#Petco valued at over B after Nasdaq debut

#Petco valued at over $5B after Nasdaq debut

“#Petco valued at over $5B after Nasdaq debut” Shares of Petco rose in their market debut on Thursday, giving the pet retailer a market capitalization of $5.69 billion. The company’s shares opened at $26, 44.4 percent above its initial public offering (IPO) price of $18 per share. Petco offered 48 million shares and raised $864 million in its…

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#Poshmark more than doubles its value in blockbuster Nasdaq debut

#Poshmark more than doubles its value in blockbuster Nasdaq debut

“#Poshmark more than doubles its value in blockbuster Nasdaq debut” Shares of Poshmark soared more than 130 percent in their stock market debut on Thursday, valuing the online fashion marketplace at $7.15 billion, highlighting investor optimism for online shopping that has surged during the COVID-19 pandemic. Shares opened at $97.50 on the Nasdaq, well above the…

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# Winklevoss brothers reportedly eye public listing for Gemini crypto exchange

# Winklevoss brothers reportedly eye public listing for Gemini crypto exchange

“# Winklevoss brothers reportedly eye public listing for Gemini crypto exchange ” Renewed interest in the cryptocurrency market in recent months is seeing more United States-based cryptocurrency businesses consider going public. According to Bloomberg, Gemini co-founders Tyler and Cameron Winklevoss are mulling a public listing for the exchange, stating: “We are watching the market and…

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#Max Levchin’s Affirm surges in Nasdaq debut

#Max Levchin’s Affirm surges in Nasdaq debut

“#Max Levchin’s Affirm surges in Nasdaq debut” Shares of lending startup Affirm Holdings, founded by PayPal’s co-founder Max Levchin, soared in their debut on Wednesday, giving the company a market capitalization of over $22 billion. Affirm’s shares opened at $90.90 on the Nasdaq, 85.5 percent higher than their upwardly revised initial public offering (IPO) price…

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#SoFi to go public after merger with venture capital investor’s blank-check company

#SoFi to go public after merger with venture capital investor’s blank-check company

“#SoFi to go public after merger with venture capital investor’s blank-check company” Online lending startup Social Finance Inc. (SoFi) said Thursday it has agreed to go public through a merger with Social Capital Hedosophia Holdings Corp V, a blank-check acquisition company led by venture capital investor Chamath Palihapitiya. The deal values SoFi at around $8.65 billion and…

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#Tilman Fertitta struggling with Golden Nugget IPO plans

#Tilman Fertitta struggling with Golden Nugget IPO plans

“#Tilman Fertitta struggling with Golden Nugget IPO plans” Houston Rockets owner Tilman Fertitta’s plans to take his Golden Nugget restaurant and casino business public appears to be getting the cold shoulder on Wall Street, The Post has learned. The 63-year-old billionaire casino mogul told CNBC last month that he’s looking to list a minority stake…

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