Klarna might reschedule its IPO for September
Details are slim, though, regarding when Klarna will schedule its debut; no final decisions have been made.
Details are slim, though, regarding when Klarna will schedule its debut; no final decisions have been made.
The 15-year-old chipmaker saw its shares climb 61% above its IPO price by the close of its first trading day.
Firefly is heading into the initial public offering with $176.9 million in cash and cash equivalents. And while it has incurred negative cash flows and losses from operations, Firefly projected that its cash is adequate to meet its liquidity needs for at least 12 months.
The digital health startup says it secured the fresh capital to update its valuation and finance acquisitions.
Iconiq pursued Chime because the founders were focused, and didnât get distracted by "shiny new objects."
In 2016 when Chime desperately needed cash, over 100 VCs said no. One seed VC, took a chance and saved the company, co-founder Ryan King recalls.