Thiel-backed SPAC considers US$2.5 Bn Circles.Life deal

Shares of Zhong Yang Financial Group Limited (NASDAQ: TOP) soared 312% to US$20.60 on Wednesday afternoon on the first day of trading on the Nasdaq stock exchange.  Its shares were listed on the exchange on the same day. Wednesday’s deb...

Highlights: Ecarx Holdings Inc. to make US market debut after merging with Cova Acquisition Corp. Ecarx’s US listing would be the largest by a Chinese company since Didi Global Inc. US listings of Chinese firms are currently stalled as B...

Highlights The state-controlled oil giant Saudi Aramco weighs an initial public offering (IPO) for its trading unit.  The company is working with Goldman Sachs Group Inc., JPMorgan Chase & Co., and Morgan Stanley for its offering. Ara...

Highlights  Instacart has privately filed for an initial public offering (IPO) on May 11. The company did not disclose the IPO or the timing of the debut. In March, it reduced its valuation by 40% to US$24 billion from US$39 billion last ...

Highlights: Atlis has announced plans to go public in the US. The company is expected to list on the Nasdaq exchange. Atlis may go public in the summer of this year. EV startup Atlis Motor Vehicles plans to debut in the US stock market. O...

Highlights  Convoy is a digital freight broker company. Its mobile app connects shippers and freight brokers to a network of 400,000 trucks in the US. The company is valued at US$3.8 billion after the latest funding round. Digital fr...

Blockchain.com, a cryptocurrency financial services company, is planning to go public and is interviewing banks for this purpose, Bloomberg reported citing people familiar with the matter on Tuesday. Blockchain.com was founded in 2011. It serves i...

New York-based Steinway Musical Instruments Holdings Inc. on Thursday filed for an IPO with the US Securities and Exchange Commission, encouraged by strong sales over the past year.   The 169-year-old company, Steinway plans to get listed on ...

Highlights Texas-based LNG company Excelerate Energy Inc. runs storage and regasification terminals. It has offered 16 million shares for US$24 apiece in the initial public offering (IPO). The company raised around US$384 million from the offe...

Singapore-based education technology company Genius Group Ltd. made its debut on NYSE on Tuesday under the ticker symbol GNS. The DNS stock fell 8.23% to US$$27.99 at 5:29 pm ET after its debut.. “Our listing on the NYSE American represents...