palantir Palantir and Asana Test Direct Listing Method as Alternative to Traditional IPOs Tech companies Palantir and Asana are going public this week through direct listings, doubling the number of tech firms that used this method in the past two years. The move bypasses Wall Street underwriters and avoids traditional IPO fees.
palantir Palantir and Asana Bypass Traditional IPOs With Direct Listings Palantir and Asana choose direct listings over traditional initial public offerings to go public. This alternative approach allows the companies to avoid Wall Street underwriters and let the open market set their share prices.
tiktok Trump Gives Preliminary Approval to Oracle and Walmart TikTok Partnership President Trump backs a new deal allowing Oracle and Walmart to take minority stakes in TikTok, averting an immediate U.S. shutdown. The agreement promises new jobs, a future IPO, and a $5 billion education contribution.
unity Unity Raises $1.3 Billion in Strong IPO Debut Game development toolkit provider Unity raises $1.3 billion after pricing its IPO at $52 per share. The offering values the company at approximately $13.7 billion.
unity software Video Game Developer Unity Software Debuts on Wall Street Unity Software, the company behind the popular game development engine used to create hits like Fall Guys, goes public on the New York Stock Exchange under the ticker symbol "U."
snowflake Snowflake IPO Delivers Historic $12.6 Billion Windfall for Sutter Hill Ventures Venture capital firm Sutter Hill Ventures holds a massive $12.6 billion stake in Snowflake after the cloud data company's blockbuster IPO. The incredible return stems from an initial investment of less than $200 million by managing director Mike Speiser.
snowflake Snowflake Achieves Record-Breaking Software IPO Valuation Snowflake completes the largest software initial public offering in market history, achieving a massive valuation on its first day of trading. The cloud data warehouse company sees its stock price soar well above its initial target.
snowflake Cloud Data Firm Snowflake Prices Record $33.3 Billion IPO Snowflake prices its initial public offering above an increased range, valuing the cloud data company at $33.3 billion. Major investors like Berkshire Hathaway and Salesforce back the highly anticipated offering as the cloud software market surges.
sec SEC Puts NYSE Primary Direct Listing Rules on Hold The SEC temporarily halts a new NYSE rule that allows companies to raise capital through direct listings after institutional investors object.
snowflake Snowflake IPO Targets $24B Valuation With Unusual Berkshire Backing Cloud data warehouse Snowflake sets an initial IPO price range of $75 to $85 per share, aiming for a valuation up to $23.7 billion. Notably, both Salesforce and Warren Buffett's Berkshire Hathaway commit to major private placements ahead of the public debut.
palantir Palantir Reveals Financials and Customer Risks in Long-Awaited S-1 Filing Palantir Technologies officially files its S-1, showing significant 2020 revenue growth alongside narrower net losses. The big data company also highlights its heavy reliance on a small number of massive government and commercial contracts as a major business risk.
palantir Palantir Technologies Files S-1 Registration for Highly Anticipated Public Debut Palantir Technologies officially files its S-1 registration statement with the SEC as it prepares to go public. The document outlines the data analytics company's financial health, risk factors, and planned distribution of shares.
palantir Palantir Admits It Will Lack Independent Board Governance Post-IPO Palantir reveals in an amended S-1 filing that its unique three-class voting structure will likely prevent the company from having independent board governance for up to a year after going public.
sumo logic Sumo Logic Reveals Mixed Financial Results in Updated IPO Filing Sumo Logic shares updated quarterly numbers showing improving profit margins alongside decelerating revenue growth. The cloud analytics company trims operating costs but faces concerns over slowing expansion.
airbnb Home-Sharing Giant Airbnb Confidentially Files for Long-Awaited IPO Airbnb officially submits a confidential registration for its initial public offering as the travel industry shows early signs of recovery. The move marks a major milestone for the company after years of delay and a severe pandemic-driven downturn.