The manufacturer of artificial beef can enter the stock exchange in 2021

News

The manufacturer of artificial beef can enter the stock exchange in 2021

13.04.2021 News

The American producer of vegetable meat products Impossible Foods expects that investors will estimate it at $ 10 billion during the listing. The company plans to go public this year, but has not yet decided how to become a public company, reports Reuters, citing knowledgeable interlocutors.

According to them, the company is now exploring the possibility of going public or by merging with a special company “pacifier” (SPAC), or through an initial public offering (IPO). According to the interlocutors of the agency, who wished to remain anonymous, going public through SPAC may reduce the shares of existing shareholders of Impossible Foods to a greater extent than the IPO. SPAC is a company that raises funds during an IPO to acquire a private company. For a company buying a merger with SPAC, this is an alternative way to go public with less regulatory control and more certainty about the valuation of the company and the funds that will be raised. Reuters sources said that the company was already discussing plans to merge with SPAC with a financial advisor, and expects to receive at the valuation of at least $ 10 billion on the stock exchange. that the final choice of way to go public will depend on market conditions, and Impossible Foods itself may prefer to hold another round of private fundraising.

Other articles

  • Lowcost will start flying from Kyiv to the UAE
    News

    Lowcost will start flying from Kyiv to the UAE

    Wizz Air will start operating regular flights between Kiev and Abu Dhabi from July 1, 2021. This was announced on Monday, May 10, CTS with reference to the information published by the carrier. It is specified that flights from Ukraine will be carried out from the airport in Borispol. “Flights will be operated three times […]

  • Ukraine’s reserves have grown by a billion dollars
    News

    Ukraine’s reserves have grown by a billion dollars

    In April, Ukraine’s international reserves increased by $ 965.30 million (by 3.6%) and as of May 1 amounted to $ 28 billion. This was reported on the website of the National Bank. “In April, they increased by 3.6%, taking into account foreign exchange earnings in favor of the government and the revaluation of financial instruments,” […]

  • Musk became the “most expensive” CEO in the United States
    News

    Musk became the “most expensive” CEO in the United States

    The founder of Tesla and SpaceX, Elon Musk, became the highest paid CEO in the United States last year, according to Forbes magazine. The publication reminds that in 2018 Musk gave up his salary at Tesla. Instead, he receives a reward in the form of options on the company’s shares. In 2020, the businessman received […]

  • Ford recalls more than 660,000 SUVs in North America
    News

    Ford recalls more than 660,000 SUVs in North America

    American carmaker Ford is recalling more than 661,000 Ford Explorer crossovers in North America due to problems with disconnecting the roof rails. Reuters reported this the day before. The US National Highway Traffic Safety Administration requested a recall. If necessary, the dealer will install special pins and replace the damage. Since the beginning of 2020, […]

  • Oil is rising due to a hacker attack in the United States
    News

    Oil is rising due to a hacker attack in the United States

    World oil prices of reference brands began the working week with a moderate increase amid disruptions in the US Colonial Pipeline after a hacker attack. This is evidenced by trading data on Monday, May 10. Thus, July futures for Brent on the London Stock Exchange ICE Futures rose by $ 0.57 (0.83%) – to $ […]

  • Swiss trains will be assembled in Ukraine
    News

    Swiss trains will be assembled in Ukraine

    Ukrzaliznytsia has signed a memorandum on cooperation and localization in Ukraine of passenger rolling stock production by the Swiss company Stadler CIS AG. The press service of the Ministry of Infrastructure reports. According to the document, the parties will work together to develop passenger rail transport in Ukraine and attract funding. In addition, if Stadler […]

  • Foreigners continue to withdraw money from Ukraine
    News

    Foreigners continue to withdraw money from Ukraine

    In the first quarter of 2021, the net outflow of foreign direct investment from Ukraine amounted to 301 million dollars. This was reported on the website of the National Bank. At the same time, negative reinvested earnings of $ 141 million were recorded. According to the NBU, investments in equity (excluding reinvestment of income) amount […]

  • The most expensive lot of seized property was sold in Ukraine
    News

    The most expensive lot of seized property was sold in Ukraine

    The state enterprise SETAM sold the most expensive lot of seized property on the electronic platform OpenMarket – the building of the hotel of the Military-St. Nicholas Monastery in Kyiv. The SETAM press service reported this. It is noted that the final price of the lot is 307.3 million hryvnias, which is 65 million hryvnias […]

Read also

The manufacturer of artificial beef can enter the stock exchange in 2021
News

The Supreme Court upheld the Оschadbank in a dispute with Sberbank of the Russian Federation

The Supreme Court did not satisfy the cassation appeal of Sberbank of Russia and recognized the Ukrainian state Оschadbank as the legal owner of the Sberbank trademark in the country. “The Supreme Court did not find grounds to satisfy the cassation appeal of Sberbank of Russia and upheld the decision of the Northern Commercial Court […]

Next
Dmytro Shymkiv
News

Why it is worth investing in pharmaceuticals, — Dmytro Shymkiv’s opinion

Traditionally, it is considered that the shares of pharmaceutical and biotech corporations are effectively protected from the global financial crises. The asset growth inevitably accompanies any, even insignificant, success of drug manufacturers. And the pandemic period has caused an unprecedented wave of investments in the pharmaceutical business. Due to Dmytro Shymkiv’s explanation, the head of […]

Next
The manufacturer of artificial beef can enter the stock exchange in 2021
News

Ukrainian investor put in dead storage the plant in the EU

The Ukrainian “KVV group” put in dead storage its  Liepajas KVV metalurgs plant in Latvia because of the crisis in the steel industry and the failure of the negotiations with the Latvian government. “The management  of the ” KVV group”  forced to take this decision in view of the continuing long-term negative factors, that impede […]

Next
The manufacturer of artificial beef can enter the stock exchange in 2021
Analytics

Formation of corporate governance in Ukraine

According to the State Statistics Service on January 1, 2017 it is registered in Ukraine 15 206 join – stock companies, among them there are 3 122 public companies. Despite the 25-year anniversary of the Ukrainian state, the national business has only recently started to rethink management system and effective implementation of global corporate governance […]

Next
The manufacturer of artificial beef can enter the stock exchange in 2021
News

Pfizer will deliver half of the planned number of vaccines in 2020

Shares of Pfizer and BioNTech fell 1.74% and 2% (respectively) on Thursday amid news that companies will deliver half of their planned number of vaccines against COVID-19 in 2020. On November 20, Pfizer and its German partner BioNTech applied to the FDA (US Food and Drug Administration) for permission to use their vaccine in an […]

Next
The manufacturer of artificial beef can enter the stock exchange in 2021
News

The supervisory authorities have fined the operator Orange for the record sum of € 350 million

Regulators fined the largest French mobile operator – The Orange Company in the amount of € 350 million. The reason for the fine is the abuse of a dominant market position. The supervisory authorities of France conducted an investigation and determined that since the early 2000, Orange fraudulently suppressed the competition in their field. The […]

Next
The manufacturer of artificial beef can enter the stock exchange in 2021
News

Black Friday: The United States spent a record $ 9 billion on online shopping

Residents of the United States spent a record $ 9 billion on shopping in online stores on “Black Friday” – a day of big sales, which follows Thanksgiving celebrated on the fourth Thursday in November. This was reported by the Associated Press, citing data from Adobe Analytics, which analyzes information from 80 of the 100 […]

Next
The manufacturer of artificial beef can enter the stock exchange in 2021
News

The Ukrainian investment company Digital Future co-invested $ 13.1 million in the startup of YouAppi in the round

The Digital Future Investment company became a co-investor in the startup YouAppi round “B”. According to the CEO of the Digital Future,  Alexei Vitchenko, this  is the first transaction of the Ukrainian investment company  in the “B” round level. The deposit amount is not disclosed. American-Israel YouAppi service was founded in 2011. YouAppi technology is […]

Next
The manufacturer of artificial beef can enter the stock exchange in 2021
News

“Oschadbank” wants to charge back $ 100 million to the concern “Stirol”

The state bank “Oschadbank” plans  to recover in court more than $ 100 million from the largest producer of mineral fertilizers in Ukraine – “Stirol” concern. It is reported by UNIAN with reference to the Unified State Register of court decisions. The question is about $ 100 million debt of the concern, that is the […]

Next
The manufacturer of artificial beef can enter the stock exchange in 2021
News

Antimonopoly Committee of Ukraine has fined “Gazprom” for a record sum of $ 85 billion UAH

Antimonopoly Committee of Ukraine has fined the Russian company “Gazprom” for 85 billion UAH  for abuse  of monopoly power. This information was announced by the head of department Yuriy Terentyev on his Facebook. He emphasized that the “Gazprom” is a monopolist in the market of transit of natural gas through main pipelines on the territory […]

Next
The manufacturer of artificial beef can enter the stock exchange in 2021
News

Founder of the EBay, Pierre Omidyar, has left the company’s board of directors

Founder of the platform for online auctions of the eBay Pierre Omidyar will leave the company’s board of directors and receive the title of Director Emeritus, according to release in the eBay. “For 25 years I have proudly watched as the company that I created, opened up the economic opportunities for people around the world. […]

Next
The manufacturer of artificial beef can enter the stock exchange in 2021
News

A large producer of sugar invests $ 10 million in the plant in the Mykolaiv region

The  ED&F Man Ukraine company plans to invest another $ 10 million in a sugar refinery in the Mykolaiv region and expand its land bank to 45-50 thousand Ha. The previous investments of the company in the mentioned plant consisted about $ 30 million. This was announced by the Director of ED&F Man Ukraine – […]

Next
The manufacturer of artificial beef can enter the stock exchange in 2021
News

KSG Agro Agroholding is asking for $ 20 million for debt restructuring from international creditors

KSG Agro agroindustrial company (Dnipropetrovsk region) initiates the restructuring of debt in the amount of $ 20 million. The company offers compensation to creditors in the amount of 1% of each of the outstanding principal. This was said in a statement of the company. In particular, the Board of Directors announced that the company has […]

Next
The manufacturer of artificial beef can enter the stock exchange in 2021
News

The head of the Ministry of Finance gave a forecast of the hryvnia exchange rate

There are no grounds for devaluation of the hryvnia to UAH 30 / $. This was stated by Finance Minister, Serhiy Marchenko in an interview with Focus. “I do not see the preconditions for the course to reach such a value. And I do not see any tools with which anyone can influence the course […]

Next
The manufacturer of artificial beef can enter the stock exchange in 2021
News

Uber Company attracts $ 2.1 billion of investments

The company plans to raise $ 2.1 billion of investments in a new round of funding. All the necessary documents have been drawn up and passed in Delaware. The world’s largest taxi service Uber, which head office is based in San Francisco, plans to spend the funds on its expansion, service development in Asia and […]

Next
The manufacturer of artificial beef can enter the stock exchange in 2021
News

Ukrainian Audit Service has found violations by almost 35 million UAH in 2016 in Kirovohrad region

Over the past year the delegates of Ukrainian Audit Service in Kirovohrad region conducted 65 testing procedures and found deviations from the financial and budgetary order in the amount of more than 34 million UAH. As a result, it provided compensation of faults that provoked leakage of financial and material resources in the amount of […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com