IPO
Ford-Backed Argo Chooses Citigroup, JPMorgan to Go Public
An Argo-modified Ford Fusion autonomous vehicle sits parked in New York in July 2019. (Mark Kauzlarich/Bloomberg News)
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.
July 8, 2021China Trucking Startup Full Truck Alliance Raises $1.6 Billion in US IPO
David Paul Morris/Bloomberg News
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.
June 22, 2021SPAC Crackdown Threatens Environment That Powers EV Startups
Drew Angerer/Getty Images
The marriage between SPACs and clean-tech vehicle startups is on the rocks as regulators push for detail.
May 3, 2021Chinese Trucking Startup Full Truck Alliance Eyes $1 Billion US IPO
Justin Sullivan/Getty Images
Uber-like Chinese startup Full Truck Alliance is preparing for a U.S. initial public offering that could raise at least $1 billion as soon as this year, after eking out a slim 2020 profit thanks to a pandemic-era shipping surge.
January 28, 2021SPAC Boom Propels EV Makers to Public Markets
The Lucid Motors Air prototype electric vehicle stands at the company's headquarters in Newark, Calif., in August 2020. (David Paul Morris/Bloomberg News)
Until June last year, Tesla Inc. was the only dedicated electric carmaker based in the U.S. on the stock market. Then special purpose acquisition companies took over Wall Street.
January 22, 2021Delivery Startup DoorDash to Seek Up to $2.8 Billion in IPO
Gabby Jones/Bloomberg News
DoorDash Inc., the biggest U.S. food delivery company, is seeking to raise as much as $2.8 billion in an initial public offering that’s part of an end-of-year U.S. listings rush.
November 30, 2020Trash Hauler GFL Slides on Trading Debut Amid Market Turmoil
A GFL Environmental garbage truck prepares to drop off a load of waste at a transfer station in Toronto on Oct. 24, 2019. (Cole Burston/Bloomberg News)
GFL Environmental Inc. fell in its trading debut after raising $1.425 billion in the largest Canadian initial public offering in almost six years.
March 3, 2020VW’s Traton IPO to Raise $1.8 Billion, Pricing at Low End
Mikael Sjoberg/Bloomberg News
Volkswagen AG raised 1.55 billion euros ($1.8 billion) selling a stake in its truck business, but only after pricing the offer at the low end of a target range to attract investors to one of Europe’s biggest initial public offerings this year.
June 27, 2019VW’s $18.6 Billion Truck IPO to Test CEO’s Overhaul Plan
Krisztian Bocsi/Bloomberg News
Volkswagen AG valued its heavy-trucks business at as much as $18.6 billion in a planned initial public offering that will test CEO Herbert Diess’ ambition of overhauling the carmaking behemoth.
June 14, 2019VW Advances Truck Unit IPO Despite Shaky Stock Market, Trade Woes
Freight trucks manufactured by MAN SE and Scania AB stand on display. (Krisztian Bocsi/Bloomberg News)
Volkswagen AG set plans to list its heavy-truck division Traton SE in Frankfurt, Germany, and Stockholm, moving forward with one of the year’s largest European public offerings despite a wobbly stock market and a swirling trade war between China and the United States.
June 4, 2019