Confirmation of Intention to Float – 07:00:09 19 May 2025 – News article | London Stock Exchange LONDON: Cobalt Holdings plc, a newly formed company designed to purchase and hold physical cobalt, announced Monday its intention to raise approximately $230 million through a Global Offer and seek admission to the London Stock Exchange. If approved,…
LONDON: Aberforth Geared Value & Income Trust plc (AGVIT) has recently published a prospectus regarding the issuance of ordinary shares and zero dividend preference shares. AGVIT is involved in a scheme of reconstruction and members’ voluntary winding up of Aberforth Split Level Income Trust plc (ASLIT) under the Insolvency Act. As part of this scheme,…
LONDON: Raspberry Pi Ltd, a leader in low-cost, high-performance computing, is considering an initial public offering (IPO) and intends to applying for admission of its ordinary shares to the premium listing segment of the Official List of the FCA and to trading on the Main Market of the London Stock Exchange. Raspberry Pi is a…
UL Solutions Inc., a renowned entity in safety science, has announced the pricing of its initial public offering (IPO) at $28.00 per share. The company is offering 33,800,000 shares of Class A common stock in an upsized IPO, with all shares being secondary and sold by UL Standards & Engagement. This nonprofit organization holds the…
TEXAS: Massimo Group (NASDAQ: MAMO), a renowned manufacturer and distributor, has officially closed its initial public offering (IPO). The company offered 1.3 million shares to the public at $4.50 each, culminating in gross proceeds of approximately $5.85 million before expenses. Massimo’s shares made their market debut on the Nasdaq Capital Market on April 2, 2024,…
SYDNEY, AUSTRALIA: Lithium Energy Limited (ASX:LEL) and NOVONIX Limited (ASX:NVX) have announced the merger of their adjoining Queensland Graphite Assets into a new entity, Axon Graphite Limited. The merger is set to revolutionize the Battery Anode Material (BAM) sector with the creation of a vertically-integrated company that will be listed on the ASX through an…
Galderma Group AG, the global leader in dermatology, announced on Wednesday that it intends to launch an Initial Public Offering (IPO) on the SIX Swiss Exchange, as part of its ambitious growth strategy. The company, which was founded in 1981 as a joint venture between L’Oréal and Nestlé, aims to raise about 2.3 billion USD…
SYDNEY, AUSTRALIA: Metals Acquisition Limited (MAC), a global metals and mining company, has commenced trading on the Australian Securities Exchange (ASX) today under the ticker ‘MAC’, after raising A$325 million in an oversubscribed initial public offering (IPO) of CHESS Depositary Interests (CDIs). The company, which is also listed on the New York Stock Exchange (NYSE),…
RIYADH: Modern Mills Company (MMC), a leading milling and nutrition company in Saudi Arabia, has announced the price range for its initial public offering (IPO) of 30% of its share capital, as well as the start of the institutional book-building period. The price range for the IPO has been set at SAR 44 to SAR…
LONDON, UK: CG Oncology, a biotechnology company focused on cancer immunotherapy, has launched its initial public offering (IPO) of 20 million shares at $19 per share, raising $380 million in gross proceeds. The company, which is backed by Malin Corporation, a life sciences investment firm, will trade on the Nasdaq Global Select Market under the…
Admission to Trading on the London Stock Exchange LONDON, UK: Air Astana, the largest airline group in Central Asia and the Caucasus regions based on market share, today announced its intention to proceeding with an initial public offering (IPO) of its GDRs and a concurrent offering in Kazakhstan in the form of Shares and GDRs….
Klaviyo, the software-as-a-service (SaaS) company that enables businesses to use their own data to create personalized and engaging digital experiences, has announced its initial public offering (IPO) of 19.2 million shares of its Series A common stock. The company, which was founded in 2012 and has more than 130,000 paying users, is offering 11.5 million…