Latest news with #directlisting
Bloomberg
14 hours ago
- Business
- Bloomberg
Fully Autonomous Retail Developer VenHub Plans Direct Listing
VenHub Global Inc. plans to undertake a direct listing on a US exchange after the developer of fully automated retail stores abandoned an earlier plan to go public by merging with a blank-check firm. The company, which uses robotics and artificial intelligence to automate its operations, filed confidentially with the US Securities and Exchange Commission last week, according to Shahan Ohanessian, VenHub's founder and chief executive officer. In a direct listing, a company lists on a stock exchange without raising any new funds.
Bloomberg
15-07-2025
- Business
- Bloomberg
Private Firms Revisit Skipping Wall Street IPO on Path to Market
The revival in US initial public offerings and the return of the blank-check company are sparking interest in a long out of favor means for companies to go public: the direct listing. Unlike a traditional IPO, direct listings don't raise capital and provide existing share holders unfettered liquidity. Two of this year's hottest stocks, Palantir Technologies Inc. and Coinbase Global Inc., used the unconventional path to market — which skips an extensive roadshow and paying expensive underwriting fees to Wall Street — during the Covid-19 heyday.
