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Mondee faces Nasdaq delisting as CEO takes leave of absence
Reading Time: < 1 minuteUS: Travel technology marketplace Mondee has announced that it has received a non-compliance notice from Nasdaq for delaying the announcement of its Q3 results.
reAlpha completes direct listing to trade on Nasdaq
Reading Time: < 1 minuteUS: AI-powered real estate technology and investment company, reAlpha Tech Corp. [reAlpha], has completed its direct listing and begun publicly trading on the Nasdaq under the ticker symbol ‘AIRE’.
Sonder and Vacasa face potential Nasdaq delistings
Reading Time: 3 minutesUS: Property management companies Sonder and Vacasa, have each received notice from the Nasdaq Stock Market that they face being delisted within the next 180 calendar days if they do not comply with minimum bid price requirements.
Airbnb share price is “more than stretched” says Wall Street analyst
Reading Time: < 1 minuteUS: Airbnb shares fell on Monday after Wall Street analysts warned that first-day trading surges resulted in a “precarious” market valuation. Airbnb’s valuation is “more than stretched” when compared with other travel peers, research firm Gordon Haskett said in a note downgrading the stock to underperform from buy. Airbnb shares soared 113 per cent on […]
Airbnb hopes to raise $2.5bn in mid-December IPO
Reading Time: 2 minutesUS: Airbnb has disclosed that it is seeking to raise up to $2.5 billion in its upcoming initial public offering [IPO]. In addition, the platform is targeting a higher-than-initially-expected valuation range of $30 billion – $33 billion and is on course for a listing on the public markets by mid-December. The price range of the float […]
Airbnb files for long-awaited IPO
Reading Time: 2 minutesUS: Following years of speculation and anticipation, Airbnb has submitted the necessary documents for its initial public offering [ IPO ], which is scheduled to take place in December and raise up to $3 billion for the global home-sharing platform. The filings also laid bare the scale of the financial impact caused by the Covid-19 […]
Airbnb set to file for $30bn+ IPO this week
Reading Time: 2 minutesUS: Airbnb is set to file the necessary IPO [initial public offering] documents later this week ahead of its anticipated stock market debut in December, as it seeks to raise $3 billion in proceeds in a move that would set the company a valuation of around $30 billion, according to Reuters. Next month, it is […]
Airbnb to list shares on Nasdaq ahead of IPO
Reading Time: 2 minutesUS: Ahead of its much-anticipated IPO before the turn of the year, Airbnb has reportedly opted to list its shares on the Nasdaq market, representing the index’s largest listing since that of Facebook in 2012 [$16 billion]. Though no timeframe has yet been given for when the scheduled IPO may take place, it is believed […]
Ctrip considers going private and delisting from Nasdaq
Reading Time: 2 minutesChina: Chinese travel services provider Ctrip, also known as Trip.com Group Ltd, is considering the possibility of going private and delisting itself from the Nasdaq stock market due to rising tensions with the United States and the impact of the coronavirus on its business. According to Reuters, Ctrip’s management have contacted a number of financial […]