With a powerful collection of some of Wall Street’s most esteemed backers behind the challenger bank, Nubank’s December 2021 IPO was a watershed moment across the whole of the fintech landscape. After its first full quarter as a public company, it’s clear that the performance of NU is going to play a major role in whether other firms follow suit.
A SPAC merger agreement announced Monday brought some additional fanfare with several notable athletes and celebrities among the investors in the company’s PIPE. Here’s a look at the company and deal.
LYTUS TECHNOLOGIES HOLDINGS PTV. LTD. (NASDAQ:LYT) IPO will take place April, 05 on the NASDAQ exchange under the ticker LYT.
The company is offering shares at an expected price between $4.75 and $6.75 per share with an insider lock-up period of 180 days ending on October 02, 2022.
Rail Vision Ltd (NASDAQ:RVSN) opened up its shares for public trading for the first time since it filed for IPO in February 2022. The company agreed to initially offer 3.79 million shares to the public at a $4.13 per share.
Key Takeaways:
Meitu reported its revenue grew 40% last year, driven by 147% growth for its services targeting business customers like photo studios and cosmetics stores
Company’s advertising revenue, which accounts for nearly half of its total, grew by just 12% as clients reined in their spending
By Doug Young
CEO Gaurav Budhrani, a former Goldman Sachs investment banking veteran who advised on over $300 billion in crypto, technology and natural resources transactions
Co-founded by