In an unusual move, the company's upper management, rather than its investment bankers, will determine the actual price, using an online bidding system.
The cloud data warehousing company raised the largest IPO ever for a U.S. software company.
Investments by Salesforce and Berkshire Hathaway could provide the data warehouse startup with more than $800 million in additional capital.
The cloud-based data warehouse company is “one of the world’s most valuable former startups that is still private."
The Chinese automaker says its extended-range technology "will help accelerate the adoption of electric vehicles in China."
Rocket Companies believes its digital mortgage solution will drive growth in the highly fragmented retail mortgage lending market.
The company is “looking to ride the recent wave of successful new listings after the COVID-19 pandemic crushed the market for new issues."
The investor is betting that blank-check mergers continue to be an attractive alternative to traditional IPOs amid the current market volatility.
“We are proud of the progress we have made over the past few years, and believe we have a long runway for growth ahead of us."
The record label believes "consumer adoption of paid streaming services still has significant potential for growth.”
“Unlike other recent IPO candidates, Reynolds Consumer is profitable and has a decades-long history of making and selling everyday goods."
The mattress firm's IPO filing says it is the first company to serve the growing "sleep economy" in a "holistic" way.
