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Spanish electric-vehicle charger maker Wallbox plans to list on the New York Stock Exchange later this year through a merger with shell company Kensington Capital Acquisition Corp (KCAC.N), the companies said on Wednesday.
British online health startup Babylon Health said on Thursday it has agreed to go public in the United States through a merger with a blank-check firm led by former Groupon chief Rich Williams, at a pro-forma equity valuation of $4.2 billion.
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Reuters 3 minute read FIGS Inc co-founders Heather Hasson and Trina Spear arrive at the NYSE with FIGS ambassadors to celebrate the company's initial public offering in New York City, U.S., May 27, 2021. NYSE/Handout via REUTERS FIGS Inc's (FIGS.N) shares jumped nearly 29% in their market debut on Thursday, valuing the company at $4.57 billion, indicating robust investor interest after the maker of medical scrubs, face masks and shields saw a jump in demand during the COVID-19 pandemic. The shares opened at $28.30 each, up from the offer price of $22 each, in what was the first listing to be ...