JoshuaFranklin
Stories by JoshuaFranklin
Tencent-backed Brazilian online lender Nubank prepares for US listing
Nubank is working with advisers about an initial public offering in New York.
As US watchdog steps up scrutiny, Grab deal signals SPAC party peak
The US SEC has been trying to rein in deals by issuing public warnings and more closely scrutinising deal filings.
Adam Neumann set the spark for SoftBank’s $9b deal to take WeWork public
Neumann stands to benefit from the SPAC deal as he still has about 10% stake in WeWork.
Wall Street’s appetite for SPACs shows signs of waning
Some 294 SPACs have raised $95.7 billion so far this year.
Coinbase valuation pegged at $68b ahead of landmark US listing
A successful listing by Coinbase would represent a landmark victory for cryptocurrency advocates.
Grab said to be in talks with Altimeter SPAC to go public at nearly $40b valuation
Grab is expected to raise $3-4 billion from private investors.
SoftBank-backed Coupang surges to over $100b valuation in debut
Coupang raised around $4.6 billion in the biggest US initial public offering this year.
WeWork co-founder Neumann nears settlement with Japan’s SoftBank
The settlement would put to rest a prolonged legal battle that dates back to 2019.
Gaming platform Roblox delays listing plans due to SEC scrutiny
The delay is a setback for one of the most eagerly-anticipated U.S. public market debuts of 2021.
Toyota-backed air taxi startup Joby explores deal to go public through SPAC merger
Joby was valued at $2.6b in 2020.