The We Company has now formally withdrawn the S-1 registration for the IPO it suspended two weeks ago.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
Andrew Lowenthal: An Insider’s Guide to “Anti-Disinformation”
Andrew Lowenthal spent more than two decades defending digital rights, and watched as peers and partner organizations switched to an opposite mission called “anti-disinformation.” An inside account Read HERE
Bank of Canada – Bank of Canada Announces New Program to Support Provincial Funding Markets
April 13, 2020
Mathew D. Rose
Economics, EU politics, Finance, Financial Institutions, National Politics
0
We completely missed this (from 24 March): The Bank of Canada today announced a new program to support the liquidity and efficiency of provincial government funding markets. The Provincial Money Market Purchase (PMMP) program is an […]
CorpWatch: Nigeria Defeats US$11 Billion Award For Canceled Natural Gas Processing Plant
Nigeria has defeated an attempt to extract over US$11 billion in compensation for a canceled natural gas processing plant in Calabar, Cross River state, Nigeria, by Process & Industrial Developments (P&ID), a shell company based […]
Be the first to comment