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SoftBank-backed realty tech firm Compass raises $450m in downsized IPO April 1, 2021 Compass Inc, the U.S. real estate technology firm backed by SoftBank Group, said on Wednesday it sold shares in its initial public offering at $18 each, at the lower end of its downsized target range to raise $450 million. Compass had previously set a price range of $18-$19 per share, downsized from its prior target at $23 to $26. At $18, a fully diluted valuation, which includes securities such as options and restricted stock, would be $9 billion, compared to $6.4 billion in its most recent privat...

Businesses Face Backlash for Criticizing Georgia Voting Law Last Updated This briefing has ended. Follow our latest coverage of Ed Bastian, the chief executive of Delta, was accused by Georgia’s governor of spreading “the same false attacks being repeated by partisan activists.”Credit...Steve Marcus/Reuters For two weeks, Delta Air Lines and Coca-Cola had been under pressure from activists and Black executives who wanted the companies to publicly oppose a new law in Georgia that makes it harder for people to vote. On Wednesday, six days after the law was passed, both companies stated t...