RBLX News

Last month, early-stage US cannabis producer Bright Green (BGXX) completed the first direct listing of 2022, and began trading on the Nasdaq at a market cap of more than $1 billion. Despite registering nearly 100% of its shares, Bright Green has traded like the often low float, “pop-and-drop” IPOs that have become commonplace this year. The company...read more

2021 IPO Market Makes History as the Busiest Year in Two Decades The 2021 IPO market was one for the history books. A stunning 397 IPOs raised $142.4 billion in the busiest year by deal count since 2000 and the biggest year for proceeds ever. 27 billion-dollar deals came to market led by pre-revenue electric truck...read more

The direct listing space is expected to see some activity. Website creation platform Squarespace (SQSP) and online job marketplace ZipRecruiter (ZIP) are scheduled to direct-list on the NYSE this week and next, respectively. Squarespace plans to list at an estimated market value of more than $10 billion. The company offers a SaaS platform...read more

Explosive IPO Market Delivers the Busiest Quarter Since 2000 The US IPO market produced its busiest quarter in over two decades, with 100 IPOs raising $39.2 billion. Fueled by momentum from 2020, the combination of high volume and large offerings resulted in the biggest first quarter by proceeds ever. Healthcare...read more