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Global-e sets terms for initial public offering

5 days ago   |   By

Global-e, which provides brands and retailers with end-to-end localised cross-border e-commerce technology, has commenced its initial public offering on the NASDAQ.
The Israel-based company plans to raise 360 million US dollars by offering 15 million shares at a price range of 23 to 25 US dollars.
In addition, Global-e expects to grant the underwriters a 30-day option to purchase up to an additional 2,250,000 ordinary shares at the initial public offering price, less underwriting discounts and commissions.
Goldman Sachs and Co. LLC, Morgan Stanley and Co. LLC and Jefferies LLC are serving...
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Roger Federer-Backed On is Planning for a $5 Billion USD IPO

Roger Federer-Backed On is Planning for a $5 Billion USD IPO

5 days ago   |   By

On is now reportedly planning for its initial public offering. Backed by its own country's tennis world champion Roger Federer , the Swiss-based footwear brand is seeking a valuation of $5 billion USD for the IPO, according to a new report from Bloomberg. Sources close to the matter say that the company can list as early as this autumn in the U.S., and is currently working with various banks to make this happen, including Goldman Sachs , Morgan Stanley , and JPMorgan Chase. Originally founded back in 2010, On focuses on performance footwear, focusing designs around its proprietary...
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