Latest news with #shareoffering
Zawya
04-08-2025
- Business
- Zawya
Egypt: National Printing wraps up $9mln IPO on EGX
Arab Finance: National Printing Company concluded the implementation of its public and private share offering during today's trading session, the Egyptian Exchange (EGX) announced on August 3 rd. The offering covered 21.171 million shares, equivalent to 10% of the company's issued share capital, for EGP 21.25 per share. Total value of the initial public offering (IPO), including both public and private offerings, hit EGP 449.884 million. The offering was divided into two tranches. The first tranche, representing the public offering, comprised nearly 10.585 million shares. Meanwhile, the private offering included about 10.585 million shares. © 2025 All Rights Reserved Arab Finance For Information Technology Provided by SyndiGate Media Inc. (
Yahoo
30-07-2025
- Business
- Yahoo
Why SoFi Technologies (SOFI) Stock Is Down Today
July 30 - SoFi Technologies (NASDAQ:SOFI) shares slid 8% in pre?market trading after the company announced a $1.5 billion share offering. Warning! GuruFocus has detected 8 Warning Signs with SOFI. On July 29, SoFi Technologies priced 71,942,450 new common shares at $20.85 apiece and gave underwriters a 30?day option to buy up to 10,791,367 more shares at the same rate. The deal closes on July 31, 2025, assuming everything goes smoothly, and SoFi plans to put the cash toward working capital and new growth initiatives. Investors reacted to the dilution rather than any red flags about SoFi's business. The management team says this fresh capital will help speed up product rollouts, fuel marketing pushes and explore acquisitions, without tying the money to just one project. In the fast?moving fintech world, having extra liquidity means SoFi can chase customer?acquisition tactics or team up with strategic partners. Sure, issuing more shares dilutes existing stakes, but it also means SoFi can pounce on opportunities without worrying about running out of cash. With interest rates steady and demand for digital banking climbing, SoFi heads into Q3 with a healthy cash cushion and plenty of flexibility to react to whatever the market throws its way. This article first appeared on GuruFocus.
Bloomberg
24-07-2025
- Business
- Bloomberg
SoftBank-Backed InMobi Is Said to Aim for $1 Billion India IPO
InMobi Pte, a mobile advertising platform backed by SoftBank Group Corp., aims to raise as much as $1 billion in an initial public offering in India, according to people familiar with the matter. The company plans to hire arrangers for an IPO in Mumbai and file an initial draft prospectus with regulators this year, the people said, asking not to be identified because the discussions are private. InMobi could seek a valuation of $5 billion to $6 billion in a share offering, they said, adding that considerations are ongoing and no final decisions have been made.
Zawya
21-07-2025
- Business
- Zawya
Egypt: Bonyan wraps up $36mln IPO on EGX
Arab Finance: Bonyan for Development and Trade has completed the implementation of its public and private share offering during today's trading session, Sunday, July 20th, 2025, as per a disclosure. The offering included around 362.903 million shares, representing 21.94% of the company's issued share capital, at a price of EGP 4.96 per share. The total value of the initial public offering (IPO), including both public and private offerings, reached EGP 1.8 billion. The offering was divided into two tranches. The first tranche, representing the public offering, comprised nearly 18.145 million shares, or 5% of the total offering representing 1.10% of Bonyan's total issued shares, at a value of EGP 89.999 million. The second tranche, marking the private offering, included about 344.758 million shares, or 95% of the total offering, which made up 20.84% of the company's total issued shares, valued at EGP 1,710 billion. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Argaam
27-05-2025
- Business
- Argaam
Subscription to 1.05M shares of Al-Khaldi Logistics starts on Nomu today
Qualified investors will start on Tuesday May 27th subscribing to 1.05 million shares of Al-Khaldi Logistics Company. which will list shares on the Nomu-Parallel Market. The offering will close on Sunday June 1st. For more details
