BZ 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

Kanzhun, a leading online recruitment platform in China, raised $912 million by offering 48 million ADSs at $19, the high end of the range of $17 to $19. New and existing investors had indicated on up to $375 million worth of ADSs in the offering. Kanzhun's core product, BOSS Zhipin, is a mobile-native platform that promotes direct chats between job seekers and enterprise...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

Kanzhun, a leading online recruitment platform in China, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $864 million by offering 48 million ADSs at a price range of $17 to $19. New and existing investors have indicated on buying up to $375 million of the IPO (43% of the deal). At the midpoint of the proposed range, Kanzhun would command a...read more