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Instacart recordsdata to go public on Nasdaq to unfreeze tech IPO market

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Instacart, the grocery supply firm that slashed its valuation throughout final 12 months’s market slide, filed its paperwork to go public on Friday in what’s poised to be the primary vital venture-backed tech IPO since December 2021. The inventory will likely be listed on the Nasdaq underneath the ticker image “CART.” In its prospectus, the corporate … Read more

Tech IPO drought reaches 18 months regardless of Nasdaq first half rally

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Karl-Josef Hildenbrand | AFP | Getty Photos Automobile-sharing service Turo filed its IPO prospectus in January 2022. A month earlier, Reddit stated it submitted a draft registration for a public providing. Instacart’s confidential paperwork was filed in Could of final 12 months. None of them have hit the market but. Regardless of a bloated pipeline … Read more