CAN News
Archived Headlines
- Don’t call it a comeback: Crypto-focused IPOs are on the rise as Bitcoin prices recover 11/18/19
- US IPO Week Ahead: IPO market cashes in on crypto as Canaan leads 5-IPO week 11/15/19
- Crypto mining company Canaan sets terms for $100 million US IPO 11/13/19
- US IPO Weekly Recap: More deals price down in a 3-IPO week 11/01/19
- Crypto mining company Canaan files for a $400 million US IPO 10/28/19
Blockchain boom: Crypto comes to market with IPOs and SPAC mergers
Spurred on by soaring Bitcoin prices in the last year, crypto-focused companies are taking the ball and running with it – right to the public markets. Since 2019, seven crypto-focused companies have completed traditional IPOs, one has direct listed, and...read more
US IPO Week Ahead: Online insurance platform plans largest US IPO since February
Updated Monday 5/18 The largest US IPO since February, a SPAC, and a medical device company IPO are on the calendar for the week ahead. SelectQuote (SLQT), an online platform for comparing and purchasing insurance, plans to raise...read more
US IPO Weekly Recap: Time for semiconductors as SiTime pops 44% in 3-IPO week
Three companies entered the public market, including the first two semiconductor IPOs in two years, and all priced at the low end in another week marked by mark-downs. They were joined by five SPACs, the most SPACs in a week, ever. Chinese debt collector...read more
Bitcoin mining company Canaan prices IPO at $9, the low end of the range
Canaan, a fabless designer of Bitcoin mining equipment, raised $90 million by offering 10 million ADSs at $9, the low end of the range of $9 to $11. At the offer price Cannan commands a market cap of $1.4 billion. Canaan plans to list on the Nasdaq under...read more