ANALYSIS-New direct listings won't spell the death of IPOs
6 Min Read (Reuters) - The U.S. Securities and Exchange Commission’s approval of capital raisings through direct listings will be seized on by some startups, yet most companies will still opt for initial public offerings (IPOs), capital market insiders say. FILE PHOTO: View of the NYSE building during snowfall in the Financial District of Manhattan, New York City, New York, U.S., December 17, 2020. REUTERS/Jeenah Moon The financial regulator greenlighted the New York Stock Exchange’s request last week to allow companies to raise money in stock market debuts through direct listings, withou...
Source: reuters.com