Major Indian and global asset managers have boycotted the anchor tranche of Indian e-commerce company Meesho's IPO in protest at what they saw as an unfairly generous allocation to SBI Funds Management, highlighting the challenges bankers face in allocating shares in hot Indian IPOs.
HashKey Holdings, the operator of Hong Kong’s largest licensed cryptocurrency exchange, is testing investors' appetite for virtual assets in Asia with a Hong Kong IPO that is much smaller than it had hoped.
Iren turbocharged its transition from bitcoin miner to high-performance computing AI mainstay with a dramatic US$3.6bn three-part equity-linked raise on Tuesday that saw it flush dilution from existing CBs that were deeply in the money.
Wealthfront is taking a safety-first approach towards its Nasdaq IPO by selling shares at a very reasonable valuation while securing upfront commitments from BlackRock and Wellington Management.
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