Mining rig producer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to boost $400 million on the Nasdaq Global Market. Prior to this submitting, the corporate had additionally tried to go public in Hong Kong and China. Credit Suisse and Citigroup are amongst its underwriters. Also learn: 4 New High-Powered […]
Canaan Creative, the Avalon bitcoin miner maker and one of many world’s largest mining gear producers, has simply formally filed one other try and go public – this time within the U.S. Canaan’s preliminary public providing prospectus filed with the U.S. Securities and Exchange Commission (SEC) on Oct. 28 signifies it intends to listing on […]
HONG KONG (Reuters) – Chinese electrical car (EV) maker NIO Inc has blocked the eight prime funding banks that did its IPO from working for rivals by tying them up in uncommon yr-lengthy non-compete clauses, a number of individuals with direct information of the matter stated. FILE PHOTO: Chinese electrical car begin-up Nio Inc. firm […]
Since tether (USDT) bolstered the thought of a working stablecoin over the previous few years, there’s been quite a lot of several types of secure cryptocurrencies which might be often pegged to the U.S. greenback. However, there’s one specific stablecoin that’s been a scorching matter of dialogue these days referred to as dai, a coin […]
Finance Ebang International Holdings Inc., a Chinese bitcoin mining gear maker, has refiled paperwork for a public share sale with the Hong Kong inventory trade after its first submission did not proceed. Money raised from the preliminary public providing (IPO) will go in the direction of improvement of latest mining hardware and non-crypto blockchain purposes, […]
BOSTON (Reuters) – Hedge fund Glenview Capital Management on Friday stated it now owns 5.6 % of Newell Brands Inc, saying its elevated stake simply days after the maker of Sharpie markers and Elmer’s Glue handed activist investor Carl Icahn board seats. FILE PHOTO – Larry Robbins, Founder, Portfolio Manager and CEO, Glenview Capital Management […]
The new financing comes from Target and different buyers, because the three-year-old firm prepares to ultimately pursue an preliminary public providing. SOURCE: NYT > DealBook – Read complete story here.