AirAsia airplanes are pictured on the tarmac at Kuala Lumpur International Airport in Sepang on January 8, 2024. Malaysian conglomerate Capital A intends to sell its budget carrier business to medium- to long-haul affiliate AirAsia X in a major consolidation of the country’s airline industry. Arif Kartono | Afp | Getty Images AirAsia is set … Read more
The Times Square NASDAQ MarketSite is seen on March 2, 2015 in New York City. Bryan Thomas | Getty Images A federal appeals court agreed to rehear a challenge by two conservative groups to Nasdaq’s board diversity rule related to the disclosure of women and minority membership on boards of companies listed on the stock … Read more
Micromobility.com, formerly Helbiz, was delisted from the Nasdaq on Monday as a result of the company’s noncompliance with the stock exchange’s listing rules, according to a regulatory filing. Competitor Bird — the only other shared micromobility company to brave the public markets — was also delisted from the stock exchange in September. The company’s common stock … Read more
Bymuratdeniz | E+ | Getty Images Asian fintech firm MoneyHero on Friday fell on its first day of trading on the Nasdaq, following the completion of its merger with special purpose acquisition company Bridgetown Holdings. Bridgetown Holdings Limited is backed by Thiel Capital – PayPal co-founder Peter Thiel’s venture capital firm – and Pacific Century Group, a … Read more
SoftBank CFO Yoshimitsu Goto and Arm Holdings CEO Rene Haas pose for a photograph on the Nasdaq MarketSite on September 14, 2023 in New York Metropolis. Michael M. Santiago | Getty Photos Shares of chip design firm Arm Holdings began buying and selling on the Nasdaq Thursday morning in a long-anticipated IPO at a share … Read more
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
Arm, the U.Ok.-based chipmaker owned by Japan’s SoftBank since 2016, has filed for a Nasdaq itemizing beneath the ticker image “ARM,” 5 months after saying it had filed confidential, preliminary IPO paperwork with U.S. regulators. The outfit didn’t present a projected share worth in its F-1 paperwork, however SoftBank just lately purchased the 24.99% stake … Read more
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