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

  • The rate of bitcoin has approached 40 thousand dollars
    News

    The rate of bitcoin has approached 40 thousand dollars

    During the trading session on Monday, July 26, bitcoin accelerated growth and traded at $ 39,177 thousand (+ 10.58%). This is evidenced by data from the portal Coindesk. After that, the cryptocurrency rate slowed down and was at $ 38,939 thousand (+ 9.91%), after which it began to move further. Last night the rate of […]

  • Uber buys Transplace, a logistics technology company, for $ 2.25 billion
    News

    Uber buys Transplace, a logistics technology company, for $ 2.25 billion

    Uber has announced an agreement with TPG Capital to acquire Transplace, which provides the widest portfolio of technology services and solutions in the logistics and transportation industry. The estimated amount of the deal is a considerable $ 2.25 billion, but about $ 750 million Uber will pay in the form of its own shares, and […]

  • Shares of Twitter rose after the announcement of 74% revenue growth
    News

    Shares of Twitter rose after the announcement of 74% revenue growth

    Shares of Twitter, which rose 28.5% since the beginning of 2021 and 88.3% over the past 12 months, rose sharply by 5% after the publication of quarterly results above analysts’ forecasts. Twitter reported sharp revenue growth of 74% to $ 1.19 billion from a forecast of $ 1.06 billion. The company’s revenue growth in the […]

  • Ukraine creates conditions for the development of hydrogen electric transport
    News

    Ukraine creates conditions for the development of hydrogen electric transport

    The Ministry of Infrastructure has developed a draft order that will allow Ukraine to establish production of hydrogen-powered cars. This was reported on the website of the ministry. It is noted that today in Ukraine there are no requirements for hydrogen transport. These are electric vehicles on hydrogen fuel cells. They run on compressed hydrogen. […]

  • PrivatBank warned about a new fraud
    News

    PrivatBank warned about a new fraud

    PrivatBank warns users about a new fraud scheme that uses a fake website and at the same time the bank’s logo. This was reported by the press service of the Bank. It is noted that the Bank’s security service found the site p-invest.site, which was registered by unknown individuals in the United States and which […]

  • The Rada assessed the scale of corruption in Ukrzaliznytsia
    News

    The Rada assessed the scale of corruption in Ukrzaliznytsia

    In 2020, corruption caused JSC Ukrzaliznytsia 8 billion hryvnias in losses. The head of the Temporary Investigation Commission of the Verkhovna Rada on UZ Yulia Hryshyna with reference to NABU data announced this. “NABU has carried out significant analytical work on Ukrzaliznytsia’s procurement. Detectives estimated Ukrzaliznytsia’s losses from corruption in procurement at UAH 8 billion […]

  • Shmygal announced an area for investment of 10 billion euros
    News

    Shmygal announced an area for investment of 10 billion euros

    The development of critical materials could attract billions of euros in investment in Ukraine, according to Prime Minister Denis Shmygal. He said this at a summit conference on the strategic partnership between Ukraine and the EU on critical raw materials and batteries. “Ukraine creates conditions for attracting investors. The current rules of access to subsoil […]

  • About 2,500 Boeing 737s will be tested for malfunction
    News

    About 2,500 Boeing 737s will be tested for malfunction

    The US Federal Aviation Administration (FAA) has ordered the state airline to inspect about 2,500 Boeing 737 aircraft for defective relays and cabin pressure drops. “An undetected failure of both relays could slow the crew’s detection of insufficient cabin pressure and result in the crew losing their ability to work due to hypoxia and, as […]

Read also

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

NASA has terminated a major contract with SpaceX

NASA has suspended a contract with SpaceX to build a monthly landing module, which cost $ 2.89 billion. It is noted that the company of Amazon founder Jeff Bezos Blue Origin and Dynetics have protested the decision to outsource the construction of the SpaceX module to the US Central Audit Office (GAO). SpaceX must now […]

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

Elon Musk decided to sell four houses

According to Business Insider, SpaceX founder and Tesla CEO Elon Musk is selling four homes in Los Angeles for $62.5 million. It is already known that these houses will be sold to the LLC developer owned by businessman Ardi Tavangarian. “Arya Chalon LLC will combine the real estate portfolio into a new single project to […]

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

The “pipe of Medvedchuk” has a new director

The National Agency for the Detection, Investigation and Management of Corrupt Assets (ARMA) has identified Ukrtransnafta as the winner of a tender to manage the seized part of the Samara-Western Direction main oil pipeline. It is noted that only two participants took part in the competition, as competition in this market is limited. “The winner […]

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

Ukrainian exchange temporarily simplified the access to the market

The Ukranian exchange simplified the access conditions on the market to the new consumers. Oleh Tkachenko, the Chief Executive Officer of Ukrainian exchange said: “NBU made a decision about the exchange derivatives banks deregulation. We provide them with the opportunity to trade the urgent contracts”. The exchange council of exchange platform decided not to levy […]

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

Which lawyer is more effective – corporate or freelance?

A staff lawyer or a freelance consultant? This question was asked by many businesses, if not by all. And any of the control of management found both pluses and minuses of each option. Some people prefer in-house lawyers (corporate – in house), because they know the situation “from within”, while others are trying to involve […]

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

Odessa Port Plant receives a new manager?

Direction of LLC Development Construction Holding (DCH), whose president is Oleksander Yaroslavskyi, is considering to lease the OPP instead of the acquisition of assets of this PJSC, reported Zn.ua. In an official statement of OPP representatives was indicated that they appealed to the State Property Fund of Ukraine in order to initiate an open competition […]

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

Shell to invest in the Brazilian project in the nearest future

The Royal Dutch Shell declared their intention to invest about $10 billion in the development of the Brazilian business. The project has been calculated for 5 years. The annual volume of investment will reach 2 billion dollars. The representative office of Shell in the territory of South America includes network of the “5500 gas stations”companies. […]

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

Pharmaceutical company Bristol will buy MyoKardia for $ 13.1 billion

The American pharmaceutical company Bristol-Myers Squibb announced that it will buy biotech MyoKardia for $ 13.1 billion. Quotes of the MyoKardia at the previous trading increased by 59%. Bristol will pay $ 225 for each share of the MyoKardia, corresponding to 61% premium to the value of the company’s securities at the close of trading […]

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

Naftogaz agreed with the Poles on the development of subsoil

Naftogaz of Ukraine signed a memorandum with the Polish PGNiG on joint development of fields in the western regions of Ukraine. This was reported by the press service of the NAC on Tuesday, March 30. Naftogaz CEO Otto Waterlander said the company had acquired strategic assets “that enable it to confidently declare the greatest hydrocarbon […]

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

Shares of Kodak decreased by 43% due to freezing of credit for $ 765 million

Kodak’s shares fell by 42.87% to $ 8.50 per share at the opening of trading of US, after which paper trading was temporarily suspended. According to the New York Stock Exchange, the decline in shares slowed to 33%. Quotes fell after the announcement of the termination of the loan agreement for Kodak for $ 765 […]

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

Amazon starts to open new offices in six US cities

The US company Amazon will expand its business in six cities of U S, investing more than $ 1.4 billion in this activity. This is stated in a statement published on the website of the corporation on Tuesday, August 18. “Today, we are pleased to announce the plans which provide for continued investment and the […]

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

Walmart has partnered with three drone manufacturers launching trial delivery of tests for the coronavirus

The company Walmart continues to follow the advanced technology in the field of e-commerce and delivery. Walmart has partnered with three drone manufacturers: Flytrex, Zipline and DroneUp, as well as with the large American network of clinical laboratories Quest Diagnostics. According to the company, DroneUp drones have already made 57 flights with the average time […]

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

Americans bought the Ukrainian IT-company

Ukrainian IT company the Archer Software has announced an agreement with the American company Cprime. This was reported on the company’s website. The amount of the deal is not disclosed, but the publication Ain says, “According to experts, 100% of the company could be valued at 5-8 million dollars.” But the transaction amount may vary […]

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

The court restrainted Billa to open a supermarket on a parking area

The “Billa-Ukraine” Company was restrainted the exploitation of the ground floor of an apartment house №27 on the Chornovil street in Kyiv, where on April 27, 2016 the opening of the supermarket was planned. This decision was concluded by the  Shevchenko district court on April 21. As reported the initiative group of the residents, the […]

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

VISA AND GEORGIA’S TBC-BACKED NEOBANK – SPACE ANNOUNCE STRATEGIC PARTNERSHIP

Visa signs partnership agreement with FTSE250 TBC Bank’s Space, the first Georgian neobank, to develop innovative banking solutions in Georgia and beyond in the growing digital payments landscape. TBILISI, 14 November 2019 – Visa, the world’s leader in digital payments, and Space, the first fully digital bank in Georgia, today announced they have signed a […]

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

McDonald’s sells almost all of its business in China

According to one of the leading US companies – financial information provider Bloomberg L.P., McDonald’s Corporation already has a large share of potential buyers (80%) of Chinese fast food restaurants. The future owner of the assets turned out a syndicate Citic and Carlyle Group companies, which will buy a controlling stake shares of McDonald’s business […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com