The Latest Breaking News from IPO

India's largest IPO has started taking orders from individuals and other categories after attracting anchor investors, Bloomberg reports. Retail investors can place their orders for shares of India's state-controlled Life Insurance Corporation until May 9. Also Read: India's Largest IPO Raises $736M Ahead of Listing, Attracts Foreign Investment Retail investors will be allocated 35%…

The U.S. SEC is probing DiDi Global Inc's (NYSE:DIDI) botched U.S. IPO, the Financial Times reports. DiDi's annual report disclosed that "the SEC contacted us and made inquiries in relation to the offering." DiDi President Jean Liu also made her posts on the Chinese social media platform Weibo Corporation (NASDAQ:WB) invisible to her 10 million…

India is selling shares in its largest state-owned insurer in its biggest initial public offering ever

TV host Jim Cramer said Monday on Twitter that Airbnb Inc (NASDAQ: ABNB) “might be the best of that crop of companies that came public during those wild times.”

Valuation reduced from ₹12 lakh crore-₹14 lakh crore in February to ₹6 lakh crore, party says

India’s largest-ever public offering has attracted anchor investors, including Norway’s sovereign wealth fund and the Singaporean government, raising ₹56.3 billion ($736 million) ahead of its initial public offering, Bloomberg reports. The 123 anchor investors joining Life Insurance Corp of India’s IPO committed to purchasing shares at ₹949 per share, the top end of…

 Gainers Belite Bio Inc. ADR (NASDAQ: BLTE) shares surged 144.8% to $14.69. Belite Bio priced its 6 million ADS IPO at $6 per ADS.

Key takeaways: Xiaohongshu’s recent major layoffs could reflect a tough advertising market, even as it framed the move as normal workforce turnover Others reportedly laying off large numbers of workers include top livestream gaming platforms Huya and DouYu, whose planned merger was nixed by regulators last year

Softbank Group Corp (OTC:SFTBY) (OTC:SFTBF) owned Arm is on the verge of regaining control of its defector China joint venture, the Financial Times reports. The development will remove a significant obstacle to SoftBank’s IPO ambitions for the U.K. chip designer.  Arm holds a 47.3% stake in Arm China, while Chinese investment firm…

SCG Chemicals Pcl, a unit of Siam Cement Pcl, is seeking to raise as much as US$3 billion in what could be Thailand's largest ever initial public offering (IPO), according to people familiar with the matter.

Tenon Medical, Inc (NASDAQ:TNON) opened up its shares for public trading for the first time since it filed for IPO in November 2021. The company agreed to initially offer 3.20 million shares to the public at a $5.00 per share.