The We Company has now formally withdrawn the S-1 registration for the IPO it suspended two weeks ago. The proposed equity fundraising of about $3.5bn had been widely expected to fail after being universally panned by investors and analysts. Unsurprisingly, the company decided to cancel the IPO rather than risk it falling flat.
Related Articles
Larry Elliot: To trust each other again, we need to become more equal
The gap between rich and poor has been widening for decades, driving a climate of mistrust that harms us all Read here
Chris Dillow: Socialism in one country
What I mean is simply that (some form of*) capitalism suits some countries better than others. And perhaps the UK is not one of these. Read here
Yousef Munayyer: On Watching Ukraine Through Palestinian Eyes
The rightful outpouring of support for Ukraine teaches us that the West can condemn occupation when it wants to Read Here
Be the first to comment