ZME News

10 IPOs and nine SPACs went public this past week as the IPO market continues to heat up heading into summer. The IPO pipeline stayed active as well, with 12 IPOs and seven SPACs submitting initial filings. Payment card platform Marqeta (MQ) priced above the range to raise $1.2 billion at a $15.4 billion market cap. Marqeta provides an open API platform for...read more

Zhangmen Education, a Chinese online after-school tutoring platform, raised $42 million by offering 3.6 million shares at $11.50, within the range of $11 to $13. Insiders Softbank and Genesis Capital and certain other investors had indicated on up to an aggregate of $40 million worth of ADSs in the offering. At pricing, the company commands a fully diluted market value of...read more

Updated Monday, 6/7. Nine IPOs are currently slated to raise $3.9 billion, featuring digital payments, mental health services, and more. Payments platform Marqeta (MQ) plans to raise $1.0 billion at a $12.4 billion market cap. The company's platform allows businesses to launch and manage their own card programs, issue cards to their customers or...read more

Zhangmen Education, a Chinese online after-school tutoring platform, announced terms for its IPO on Thursday. The Shanghai, China-based company plans to raise $43 million by offering 3.6 million ADSs at a price range of $11 to $13. Insiders Softbank and Genesis Capital and certain other investors intend to purchase up to an aggregate of $40 million worth of ADSs in the...read more