Latest in IPO

TPG, owner of CAA and 30% stakeholder in DirecTV, is on course to raise $1 billion when its stock begins trading Thursday on the Nasdaq at $29.50. The pricing of the initial public offering values the firm at $9 billion. The company filed last month for the offering, and the price wound up in the middle of the range…

TPG, the private equity giant and owner of CAA, announced plans to go public and list its common stock on the Nasdaq under the symbol ‘TPG.’ It started the process via a registration statement with the Securities and Exchange Commission today. The proposed offering is subject to market and other conditions, and TPG…

Meme stock engine and message board giant Reddit moved a step closer to a public offering, launching the process this week via a confidential filing with the SEC. It's been a frenetic year for initial public offerings, with IPOS of more than 900 companies after many businesses and investors sat out an uncertain 2020…

UTA has become the latest talent agency to play in the public markets, forming a special-purpose acquisition company that will start trading tomorrow on the NASDAQ. Under the ticker symbol “UTAA,” the Cayman Islands-based UTA Acquisition Corp. will specifically target gaming, the creator economy and adjacent areas…

Samba TV, which tracks programming and advertising viewing via smart TV data, has filed to go public. The San Francisco-based firm announced its plan for an initial public offering in a filing with the SEC. The filing did not specify a number of shares to be offered or a price range for common stock, which would trade…

Redbox, originally a disc-dispensing network of kiosks developed by executives at McDonald’s, kicked off a new corporate chapter today by becoming a publicly traded company. Its stock surged 24% during the trading session, touching a high of $14.44 before closing at $11.90. The public listing on the Nasdaq was created…

Redbox, the 19-year-old entertainment mainstay known for its network of disc-dispensing kiosks, will become a public company on Monday. The company confirmed the date of its long-planned initial public offering after closing its merger with special-purpose acquisition company Seaport Global. The SPAC deal, announced…

Universal Music Group shares jumped 39% in their first trading day on the Euronext Amsterdam exchange. The company, which controls artists like Taylor Swift and Drake as well as a vast publishing catalog including the Beatles and Bob Dylan, ended the day with a valuation of nearly $53 billion. The spinoff of 60% of…

EXCLUSIVE: When Redbox was founded in 2002, video rental rival Blockbuster had thousands of global stores and Netflix was still sending its customers DVDs through the mail. Two decades later, streaming is the universal mantra and Darwinian law is starting to assert itself, but Redbox CEO Galen Smith has presided over…

Vice Media, which went through a round of major layoffs in May 2020, is shedding about 20 more positions as it prioritizes video over text in its editorial operations outside of Vice News. The company’s digital group and Refinery29, which Vice acquired in 2019, are the divisions hit by the cuts, according to a person…

BuzzFeed's buzzy SPAC merger last month and pending IPO have turned up the spotlight on Vice Media Group, also known for reaching young audiences with provocative content. It's retained that aura even as digital media fortunes rose and fell — and appear to be rising again. Internet content players’ new phase is…

Elon Musk, head of Tesla, SpaceX, Neuralink and The Boring Company, has been nominated to the board of directors of Endeavor Group Holdings. The parent of talent agency WME, sports outfit UFC and a range of other assets disclosed its tie to Musk in a new SEC filing pertaining to its plan to go public this year. Musk…