IPO News

Due to UAE’s National Day, Phoenix Group’s public trading launch on the Abu Dhabi Securities Exchange has been moved to Dec. 5, 2023.

Circle initially agreed to go public as part of a $4.5-billion merger in July 2021, but that deal fizzled out.

The role and responsibilities listed for the potential candidate are often criteria linked to requirements for a company considering an IPO.

A mainstream media report highlighted that the mining hardware firm Phoenix Technology is planning to go public in Abu Dhabi, UAE.

The SEC argued that just because it approves an S-1 filing from a company does not mean the firm is not operating or will not operate in “violation of the law.”

The Web3 wallet allows institutions to control which employees are allowed to use the tokens held within it.

The green blockchain company revealed no details of the proposal; the new CEO said the IPO would probably occur next year.

Despite stepping down as CEO three years ago, Yuzo Kano has continued to have a significant influence on the company, given he’s the Japan-based crypto exchange’s largest stakeholder.

Though the SEC has pursued many enforcement actions related to initial coin offerings, the regulator’s stance on airdrops’ role in alleged token schemes is unclear.

Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions.

The SEC requires companies in the United States to file an S-1 registration for shares to be listed on a national exchange, like the Nasdaq or New York Stock Exchange.

Chandra Duggirala, Portal’s executive chairman, explained that the tokenization of traditional assets sparks the merging of the Bitcoin ecosystem with mainstream finance.

2022 is shaping up to be the year for Web3. KuCoin, Framework Ventures and CoinDCX have all made a splash in this emerging paradigm.

Recently launched BCAM will provide an institutional-grade custody and settlement platform for digital assets.

The Aura FAT SPAC was listed on Nasdaq and ended its IPO with $115 million in funds after finishing an over-allotment round.