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CAN News

Blockchain boom: Crypto comes to market with IPOs and SPAC mergers

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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

SLQT

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 $450 million at a...read more

Bitcoin mining company Canaan prices IPO at $9, the low end of the range

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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 the ...read more