IPO
Virgin Australia shares soar 8.3% in $439 million IPO debut
Aircraft operated by Virgin Australia Holdings Ltd. stand at Sydney Airport in Sydney, Australia, on Friday, August 17, 2020. Brendon Thorne | Bloomberg | Getty Images Virgin Australia shares rallied 8.3% on Tuesday, after its 685 million Australian dollar ($439 million) initial public offering, a transaction dealmakers hope will revive a subdued listings market. The airline sold 236.2 million shares at AU$2.90 each, valuing it at […]
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How Thai Airways avoided collapse and rebuilt for the future
Managing Asia’s Christine Tan travels to Bangkok to sit down with the chairman of Thai Airways’ rehabilitation plan, Piyasvasti Amranand, to explore how the national carrier is navigating its path to recovery. Plus, CEO Chai Eamsiri shares renewed ambition as the airline gears up for a relisting on the Stock Exchange of Thailand. Managing Asia’s […]
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Chime opens at $43 in Nasdaq debut after pricing IPO above expected range
CEO of Chime, Chris Britt, center right, rings the opening bell during the company’s initial public offering at the Nasdaq MarketSite on June 12, 2025 in New York City. Andres Kudacki | Getty Images Chime opened at $43 in its Nasdaq debut on Thursday after selling shares at $27 each in an IPO that valued […]
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Chime prices IPO at $27 per share, valuing fintech company at $11.6 billion ahead of Nasdaq debut
Chime Visa Credit Card Source: Chime Chime priced its IPO at $27 per share on Wednesday, above the expected range, in an offering that values the provider of online banking services at $11.6 billion The company raised roughly $700 million in the IPO, with another $165 million worth of shares being sold by existing investors. […]
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Omada shares open at $23 in Nasdaq debut after health-tech company’s IPO
Omada Health shares popped more than 30% in their Nasdaq debut on Friday after the virtual chronic care company priced its stock at $19 per share in its IPO. The stock opened at $23 and quickly hit $25. The company said in a press release late Thursday that it sold 7.9 million shares in the […]
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Shein’s embattled IPO signals mounting troubles for fast fashion giant
Bus stop advertising for Chinese fashion company Shein on 4th May 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Fast fashion giant Shein’s troubles continue to mount after its much anticipated London initial public offering (IPO) reportedly hit a fresh roadblock. The e-commerce behemoth is now aiming for a Hong […]
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Omada Health aims to go public with market cap of up to $1.1 billion
Omada Health smart devices in use. Courtesy: Omada Health Omada Health plans to raise up to $158 million in its up coming IPO, attaining a market cap of about $1.1 billion at the top end of its expected range, according to a filing on Thursday. The virtual chronic care company filed its prospectus earlier this […]
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Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI
Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq Instacart on Wednesday appointed business chief Chris Rogers as its new CEO, less than a month after OpenAI announced CEO Fidji Simo as its new head of applications. Shares were last down about 2% in premarket trading. Rogers, who joined Instacart in […]
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Circle IPO has peculiar Facebook-like characteristic
Jeremy Allaire, co-founder and CEO of Circle, speaks at the 2025 TIME100 Summit in New York on April 23, 2025. Jemal Countess | TIME | Getty Images Stablecoin issuer Circle stands to be one of the first significant cryptocurrency companies to go public in the U.S. That’s not the only unusual aspect of its IPO. […]
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Shares in China’s CATL jump over 11% in Hong Kong debut as battery maker rides electric-vehicle boom
Shares of CATL debut in Hong Kong on May 20, 2025. Sopa Images | Lightrocket | Getty Images Shares of the world’s largest battery manufacturer Contemporary Amperex Technology rose over 11% in their Hong Kong trading debut on Tuesday. Shares were trading at 292 Hong Kong dollars apiece on the Hong Kong stock exchange premarket, compared […]
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