"Amid the uncertainty around tariffs earlier this year, some companies had delayed their plans to go public. But despite the typically sleepy end-of-summer season, the initial public offering (IPO) market has been heating up again heading into the fall. Investors appear to want in after recent successful listings from companies like Figma, Bullish, Circle Internet Group, and others. In fact, this week is expected to be one of the busiest weeks for IPOs in years."
"Founded in 2005, Klarna Group is the Swedish fintech startup known for its buy now, pay later services. The startup exploded in popularity during the early days of the pandemic when online shopping was at its peak, reportedly reaching a peak valuation of $45.6 billion in 2021. However, that figure declined after stay-at-home restrictions were lifted. After announcing its target IPO share price last week, the company is expected to list on Wednesday, September 10, with a share price of $35 to $37."
Tariff uncertainty earlier this year led some companies to delay plans to go public. Despite a typically sleepy end-of-summer season, the initial public offering market has heated up heading into fall. Investors pursued opportunities after recent successful listings from Figma, Bullish, Circle Internet Group, and others. One of the busiest weeks for IPOs in years is expected, with multiple well-known companies planning listings on the New York Stock Exchange or Nasdaq. Expected listing dates are subject to change. Notable planned offerings include Klarna, Legence, Via Transportation, and Black Rock Coffee with announced target share prices and dates.
Read at Fast Company
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