Impossible Foods Is Reported to Be Planning a $10 Billion IPO wzozfm.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wzozfm.com Daily Mail and Mail on Sunday newspapers.
Impossible Foods is gearing up for the biggest IPO in plant-based history if it can actually pull off plans for an initial stock offering that would be worth $10 billion. The plant-based meat company is eyeing a public listing within the next year according to sources familiar with the company s intentions. Sources told Reuters that Impossible is also contemplating a potential merger with a Special Purpose Acquisition Company or SPAC.
The plant-based burger company’s potential price would be significantly higher than the current value of the company which is $4 billion. Within the last year, Impossible Burgers have experienced a surge in popularity, brought in even more investment funding, and enjoyed a number of celebrity endorsements including Jay Zee, Natalie Portman and Serena Williams.
Big Plays in the Online Gambling Space
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NEW YORK, April 9, 2021 /PRNewswire/ Before COVID-19 transformed the world, many sectors were already moving toward digital adoption and adaption; the global pandemic has hastened that transition in many ways. The world revolves around smartphones, laptops, computer and digital devices as almost anything can be done online-from seeing a doctor to attending school. Even as hope for the pandemic ending surges, the trend to live life online is likely here to stay. The founders of
Lottery.com (Profile), which recently entered a definitive merger agreement with Trident Acquisitions Corp. (NASDAQ: TDAC) to become a publicly listed company, recognized the shifting trend years ago and were pioneers in addressing the untapped online global lottery market. The company has found a way to combine blockchain with other cutting-edge technology to provide at-home lottery participation, with the end goal of being a leader in the huge lottery and spor
IPOs on HKEX hit a record high in Q1 By Yang Yang | chinadaily.com.cn | Updated: 2021-04-08 17:16 Share CLOSE Baidu is listed on Hong Kong Exchanges and Clearing Limited on March 23, 2021. [Photo/IC]
IPOs on Hong Kong Exchanges and Clearing Limited (HKEX) hit a record high in the first quarter of this year, driven by a wave of secondary listings by Chinese mainland companies, 21jingji.com reported on Thursday.
Statistics show about 32 new listings on HKEX raised a record HK$132.8 billion ($17 billion) in Q1, up 842 percent year-on-year, and Kuaishou, Baidu and Bilibili, three new shares, contributed nearly 70 percent of the total financing in the same period.
Synopsis
Mauritius and Singapore could be the preferred investment route for investors raising funds through Special Purpose Acquisition Company (SPAC) to circumvent round-tripping and tax hurdles if the investor is based out of India.
Mauritius and Singapore could be the preferred investment route for investors raising funds through Special Purpose Acquisition Company (SPAC) to circumvent round-tripping and tax hurdles if the investor is based out of India, industry experts said. Several Indian companies and unicorns looking to explore SPAC structures - a listed entity in the US swapping shares or merging with Indian company - could be hit by domestic regulations. Under SPAC