Merqueo Holdings, a vertically-integrated digital grocery retailer operating in Colombia and Brazil, withdrew its plans for an initial public offering on Friday. It originally filed in December 2022 with a proposed deal size of $14 million. The company last updated its prospectus in April 2023. The Bogotá, Colombia-based company was founded in 2015 and booked $34 million in...read more
Coya Therapeutics (COYA) was the only company to complete an IPO in the last week of 2022. China-based ASIC chip designer Intchains (ICG) and Hong Kong-based wealth and asset manager Prestige Wealth (PWM) delayed their $29 million and $15 million offerings, respectively. In the pipeline, five companies submitted initial...read more
Merqueo Holdings, which operates an online grocery delivery platform in Colombia and Brazil, filed on Tuesday with the SEC to raise up to $14 million in an initial public offering. Through its mobile applications, Merqueo offers its customers a selection of grocery products including fresh produce, meat, dairy, frozen packaged foods, house cleaning supplies, and personal hygiene...read more
Colombian digital grocery platform Merqueo withdraws $14 million US IPO
Merqueo Holdings, a vertically-integrated digital grocery retailer operating in Colombia and Brazil, withdrew its plans for an initial public offering on Friday. It originally filed in December 2022 with a proposed deal size of $14 million. The company last updated its prospectus in April 2023. The Bogotá, Colombia-based company was founded in 2015 and booked $34 million in...read more
US IPO Weekly Recap: Foreign issuers and a direct listing cap off 2022 IPO filings
Coya Therapeutics (COYA) was the only company to complete an IPO in the last week of 2022. China-based ASIC chip designer Intchains (ICG) and Hong Kong-based wealth and asset manager Prestige Wealth (PWM) delayed their $29 million and $15 million offerings, respectively. In the pipeline, five companies submitted initial...read more
Colombian grocery delivery platform Merqueo Holdings files for a $14 million US IPO
Merqueo Holdings, which operates an online grocery delivery platform in Colombia and Brazil, filed on Tuesday with the SEC to raise up to $14 million in an initial public offering. Through its mobile applications, Merqueo offers its customers a selection of grocery products including fresh produce, meat, dairy, frozen packaged foods, house cleaning supplies, and personal hygiene...read more