US IPO market revival takes root
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Voyager Technologies raised $382.8 million in its U.S. initial public offering, the space and defense tech company said on Tuesday, amid a global rush to amp up military spending.
Digital bank Chime’s debut is expected to add more firepower to a recovering IPO market after a string of blockbuster listings in the last few months.
Peter Thiel-backed Bullish confidentially filed for a US IPO, seeking to tap rising investor interest as political support for crypto grows.
Caris raised $830 million at a $7.83 billion valuation in a Sixth Street-led 2021 funding round. It is also backed by J.H. Whitney, one of the oldest U.S. private equity firms. The valuation target places Caris' estimated price-to-sales ratio at about 13, positioning it at the high end of its peer group, said IPOX research analyst Lukas Muehlbauer.
Voyager Technologies Inc. shares ended their debut trading day up 82% after the company raised $383 million in an upsized US initial public offering.
Gemini, a crypto exchange run by billionaire twins Tyler and Cameron Winklevoss, on Friday disclosed it had confidentially filed for a U.S. initial public offering, as digital asset firms seize on renewed market momentum.
Micron Technology (MU) has set its sights on expanding its investments into the US, now planning to invest $200 billion into domestic semiconductor manufacturing and research and development (R&D). Online banking service Chime Financial (CHYM) is set to make its public debut on the Nasdaq on Thursday,