Transportation IPO News Updates

PlusAI plans to merge with Texas Ventures Acquisition III, which has backing from funds managed by hedge fund and asset manager Yorkville Advisors Global.

Jeff Currie's 1947 Oil & Gas is preparing to offer shares ahead of a planned listing on London’s Alternative Investment Market next month, according to Bloomberg.

The electric bike rental company is offering 6.7 million shares for $24 to $26 each, according to a filing June 22 with the SEC.

Lime has expanded aggressively in recent years, launching in more than 20 cities including Tokyo and Athens.

After the plans to go public fell apart, PlusAI stressed that it had “significant commercial momentum and remains strongly positioned for long-term growth.”

Momenta may seek to raise at least $1 billion in the IPO, Bloomberg reports, adding that deliberations are ongoing and no final decisions have been made. 

Shareholders including Blackstone, Carlyle Group, Hellman & Friedman and the Abu Dhabi Investment Authority are offering the shares, according to a filing the morning of March 3.

Mavis Tire Express Services, an auto repair and tire service provider that counts Midas and Tuffy among its brands, has picked banks for a U.S. initial public offering, according to sources.

This is PlusAI’s second attempt to go public. The company announced plans to merge with Hennessy Capital Investment Corp. V in a 2021 deal that valued the company at $3.3 billion.

EquipmentShare.com Inc. and Motive Technologies are set to begin formal marketing for their initial public offerings as soon as next week, according to people familiar with the matter.