IPO
SoftBank-backed Lenskart wobbles after volatile debut despite oversubscribed IPO
A Lenskart Solutions Ltd. store in Mumbai, India, on Sunday, Nov. 9, 2025. Bloomberg | Bloomberg | Getty Images Shares of SoftBank-backed eyewear retailer Lenskart Solutions had a weak debut Monday, slipping as much as 11% below their issue price before recovering in early trade. Lenskart shares were last trading 0.05% higher at 402.2 Indian […]
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Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut
A Pony.ai autonomous car. Pony.ai China’s Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide fell nearly 8% as the autonomous driving companies began trading in Hong Kong. Pony.ai and WeRide, which are already listed in the U.S., raised 6.71 billion Hong Kong dollars (about $860 million) and HK$2.39 billion, respectively in […]
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Amazon-backed eVTOL company Beta Technologies closes up nearly 6% in NYSE debut
Kyle Clark, Founder & CEO of Beta Technologies rings the Opening Bell at the New York Stock Exchange on Nov. 4, 2025. NYSE Beta Technologies, an electric aircraft company, closed up nearly 6% at $36 a share in its New York Stock Exchange debut on Tuesday. On Monday, the company priced shares in its IPO […]
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Corporate travel and expense software firm Navan shares sink by double-digits in first trade after $6 billion Nasdaq IPO
Corporate travel and expense management platform Navan fell by as much as 15% in its first trading day on the Nasdaq under the ticker symbol “NAVN” after its successful initial public offering. The Navan IPO, which priced on Wednesday night, valued the business-to-business software vendor at $6.2 billion, raising $923 million and with shares settling […]
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AI and energy-focused SPAC raises $175 million and taps Nvidia, Prologis execs as advisors for deal hunt
Key Points Dynamix Corporation III has raised an upsized $175 million in an initial public offering, people familiar with the matter told CNBC. The SPAC may also opt to issue additional shares, raising a total of $201.25 million that will be used to acquire a company in the AI, energy or digital asset class sector. […]
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Navan IPO lands rare one-person venture capital firm its biggest win ever, a $1 billion payday
It wasn’t a traditional pitch meeting. There were no slides, no product demo. There wasn’t even a clear explanation of what the founders were trying to build. But for investor Oren Zeev’s decision-making process, none of that was necessary. “I just liked them, I just wanted to be close to them,” said Zeev. “So I […]
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Shares of China’s Sany Heavy Industry trade flat on Hong Kong trading debut after $1.6 billion IPO
A worker debugs a robot at a Sany Heavy Industry plant in Changsha, central China’s Hunan Province, on Feb. 20, 2020. Chen Zeguo | Xinhua News Agency | Getty Images China’s Sany Heavy Industry rose over 3% on its Hong Kong trading debut Tuesday after raising HK$12.36 billion ($1.59 billion) in one of the city’s […]
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Beta Technologies IPO could value electric air taxi maker at $7.2 billion
Aerospace manufacturer BETA Technologies’ electric aircraft, ALIA, is seen at John F. Kennedy Airport in New York City, U.S., June 3, 2025. It is the first Advanced Air Mobility flight into JFK Airport. Kylie Cooper | Reuters Beta Technologies updated the prospectus for its initial public offering on Wednesday, setting a price range that could […]
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Nscale eyes IPO amid fresh $14 billion deal with Microsoft
Nscale, the UK-headquartered AI infrastructure provider. Courtesy: Nscale AI cloud company Nscale is eyeing an IPO, the company confirmed to CNBC Wednesday as it announced a $14-billion deal with U.S. tech giant Microsoft. The London-based company, which provides technology infrastructure to help AI scale, has “public market ambitions” which could be realized in the “back […]
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LG Electronics India shares surge 50% on market debut after bumper initial public offering
LG Electronics India is seeking a valuation of up to 774 billion rupees ($8.71 billion) in its long-delayed initial public offering, tapping into a bustling IPO market with one of India’s largest offerings so far this year. Nurphoto | Nurphoto | Getty Images LG Electronics India’s shares surged 50% on their market debut Tuesday, after the company’s initial […]
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