Lineage Logistics Eyes Over $30 Billion Valuation in IPO
Lineage Logistics is targeting a valuation of more than $30 billion in an initial public offering, people familiar with the matter said, in what could be one of next year’s largest listings.
Chinese Electric Truck Maker Windrose Will Seek US IPO in 2024
Chinese electric truck maker Windrose Technology has started preparatory work for an initial public offering in the U.S. next year as it plans the commercial rollout of its first vehicle.
Instacart Files for IPO Revealing Profit, PepsiCo Investment
Instacart joined chip designer Arm Holdings Ltd. in moving ahead with an initial public offering, adding momentum to a return of high-profile listings.
August 25, 2023EV Maker VinFast Soars in Nasdaq Debut
VinFast Auto Ltd. soared in its debut as a public company, vaulting its market capitalization beyond that of General Motors Co. as traders flipped shares of the electric vehicle maker.
Cummins Spinoff Atmus Raises $275 Million in IPO
Cummins Inc. spinoff Atmus Filtration Technologies rose 11% in its trading debut after raising $275 million in an initial public offering priced in the middle of a marketed range.
Self-Driving Startup WeRide Files for US IPO, Sources Say
Chinese driverless technology startup Guangzhou WeRide Technology Co. has filed confidentially for an initial public offering in the U.S. and is looking to raise as much as $500 million, according to people familiar with the situation.
Daimler Truck Launches as Public Company
To the clanging of a bell and the blasting of a truck air horn, Daimler Truck began trading Dec. 10 as an independent company on the Frankfurt Stock Exchange under the stock symbol DTG, marking a new era following its spinoff from Daimler AG.
Ford-Backed Argo Chooses Citigroup, JPMorgan to Go Public
Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, is working with investment bankers as it prepares to go public as soon as this year with a valuation expected to top $7 billion.
China Trucking Startup Full Truck Alliance Raises $1.6 Billion in US IPO
Full Truck Alliance Co., an Uber-like trucking startup, has raised $1.6 billion after pricing its U.S. initial public offering at the top of a marketed range, in one of the biggest listings stateside by a Chinese company this year.
SPAC Crackdown Threatens Environment That Powers EV Startups
The marriage between SPACs and clean-tech vehicle startups is on the rocks as regulators push for detail.