Memory chip giant SK hynix could help end ‘RAMmageddon’ with blockbuster US IPO
SK hynix’s potential U.S. listing could raise $10-$14 billion to help it build more capacity, encourage others to follow, and end the ‘RAMmageddon’ memory shortage.
IPOs
Fractal Analytics’ muted IPO debut signals persistent AI fears in India
As India’s first AI company to IPO, Fractal Analytics didn’t have a stellar first day on the public markets, as enthusiasm for the technology collided with jittery investors in the wake of a sell-off in Indian software stocks.
Blackstone, General Atlantic-backed Liftoff Mobile files for IPO
The company offers a platform that helps mobile app developers market their wares and has an army of bankers working on its IPO.
Electric aircraft startup Beta Technologies seeks to raise $825M in IPO
If the company attracts investors at the top of its announced range, it will have a valuation of about $7.2 billion.
Navan plows ahead with IPO during shutdown, aims for $6.45B valuation
The corporate travel management company is moving forward under SEC rules that allow companies in IPO limbo to proceed at their own risk during the shutdown.
A year after filing to IPO, still-private Cerebras Systems raises $1.1B
Cerebras initially filed to go public in September 2024 but ran into several regulatory delays due to foreign investments.
Netskope follows Rubrik as a rare cybersecurity IPO, both backed by Lightspeed
The 13-year-old company could be valued up to $6.5, with Lightspeed’s stake worth $1.1 billion.
Kleiner Perkins is having a very good week
With two IPOs this week alone, Kleiner Perkins partner Mamoon Hamid has reason to celebrate.
