In January and February, there were only 34 IPOs, vs. IPO Activity Light Year-to-Dateĭespite these two high-profile debuts, YTD has otherwise been light for IPOs which are still facing headwinds from higher interest rates making private companies hesitant to come to market. The debut offering will feature 22M shares, in a price range of $31-34, making for a total raise amount of $715M on the high end, and a valuation of close to $6.5B. Reddit ( RDDT) will make its long-awaited public debut on Thursday, March 21. Speaking of ARM, their IPO lockup period ended on Tuesday, March 13 and was met with increased trading activity, but ultimately share prices have remained flat since then. This will mark the first big semiconductor debut since Arm Holdings ( ARM) back in September. The Intel-backed company will make their public debut by offering 17.8M shares in a share price range of $27-30, putting their IPO raise at as much as $534M, with a valuation of $5B. Astera Labs and Reddit Going PublicĪstera Labs ( ALAB), a semiconductor company that builds connectivity solutions to help with AI and Machine Learning workloads, is set to IPO on Wednesday, March 20. However, this week brings two highly anticipated public debuts that could reignite hopes for an upswing in IPOs. "I hope that this helps bring it to light for people that are coming to town so they're aware, so they watch and pay more attention, but I definitely feel that there is a very good possibility that this is a common problem in this town."Īuthorities said Strain's bank card was found on the embankment between Gay Street and the Cumberland River on Sunday.Last week we wrote about how M&A activity has been light so far for 2024, well the same holds for IPO activity. "We're hearing the horror stories," Whiteid said. Whiteid said that since Strain was reported missing, he has received messages from up to 10 people who claimed they were drugged while visiting bars in Nashville. “I’ve done a fair amount of drinking in my life, and I still question whether it was alcohol or something else," Whiteid said, referring to how Strain appeared to have lost control of his balance in some of the security video. Whiteid said that although he assumed Strain had more than one drink that evening, “he didn’t even sound like he had been drinking a lot" on the call and had been texting his mother coherently in the hour or so after the call ended. In a statement, the fraternity's CEO, Karl Grindel, referred NBC News to the police and asked that journalists not reach out to individual fraternity members. Strain also mentioned he and his fraternity brothers had been to Miranda Lambert's Casa Rosa that evening.Īttempts to reach members of Strain’s fraternity were unsuccessful. Whiteid said Strain called his mother from Friends in Low Places Bar & Honky-Tonk, a bar owned by country singer Garth Brooks a few buildings over from Luke's 32 Bridge. the night he went missing and that Whiteid was sitting nearby and listening to their conversation. It added that Strain was served only one alcoholic drink and two waters.Ĭhris Whiteid, Strain's stepfather, told NBC News that Strain FaceTimed his mother between 7:30 p.m. “based on our conduct standards," but it did not provide further details about Strain's behavior. The bar said in a statement last week that security kicked Strain out at about 9:35 p.m. He disappeared after he was kicked out of Luke’s 32 Bridge Food + Drink, a bar owned by country singer Luke Bryan in the city's downtown. Strain had been visiting Nashville with friends from his college fraternity, Delta Chi. “To those who are saying that they believe he could have been in distress, that somebody could have been after him as he walked onto Gay Street, well, as you see in the video, he’s walking by himself on the river side and speaks to a police officer as the officer is looking at a vehicle that had been broken into," police spokesperson Don Aaron said.Īaron said no evidence of foul play has surfaced as police continue to try to find Strain and that no video of Strain walking on Gay Street after 9:52 p.m.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |