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Valuations for payment technology companies skyrocketed over the past year, pushed by a wave of public listings and record venture capital investments. Some potential acquirers are waiting for prices to cool.
It will be tough for WallStreetBets to make Reddit its next meme stock
This is what the SPAC skeptics have been warning about Special purpose acquisition companies, or SPACs, can offer private companies a path to public markets without the rigorous scrutiny of a traditional initial public offering. Experts caution against deals with unsustainable valuations and questionable disclosures. (Associated Press) Print It’s exactly what skeptics of the boom in special purpose acquisition companies have been warning about. ATI Physical Therapy Inc., in its earnings debut as a public company after a merger with a blank-check firm, revised its revenue projection...
A March IPO for Robinhood? Posted March 2, 2021 The popular trading platform Robinhood has been the topic of many discussions over the past month, especially with all the news involving GameStop (NYSE: GME) and its unexpected rally. Well, it appears that the company could be benefiting from that publicity and riding the tailwinds of the rally by possibly announcing its filing and a soon-to-be public offering. An IPO from Robinhood has been highly anticipated for a few years now. Just when you think the company has everything in order and it’s going to announce that it has filed its S-1 ...