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TechnologySK Hynix Launches $28 Billion Nasdaq Share Sale, Its First US Listing
SK Hynix, Nvidia's top supplier of high-bandwidth memory, is selling roughly $28 billion of Nasdaq ADRs under the ticker SKHY, in an offering that ran more than seven times oversubscribed.
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TechnologyBending Spoons Prices $1.6 Billion Nasdaq IPO at $19 Billion Valuation
Milan software roll-up Bending Spoons priced its Nasdaq IPO at $29 a share, raising $1.68 billion, then jumped nearly 40% on its July 1 debut to a $25.7 billion market value.
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TechnologyUber-Backed Lime Raises $174 Million in Nasdaq IPO
Lime, the Uber-backed e-scooter and e-bike company, raised $174 million in its Nasdaq IPO at $25 a share and a valuation near $1.6 billion — with Uber buying $20 million of stock — despite a $64.6 million annual loss.
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TechnologyOpenAI Confidentially Files for IPO With the SEC
OpenAI says it has confidentially filed a draft S-1 with the SEC for an IPO, one week after rival Anthropic — though the company says it has not decided on timing for a public debut.
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FinanceGemini Exchange Moves Forward with Public Offering as Crypto Market Gains Mainstream Acceptance
Gemini has confirmed plans to list on Nasdaq under the ticker GEMI—becoming the third major cryptocurrency exchange to go public after Coinbase and Bullish, despite reporting a $282.5M net loss.