Exit

Compass seeks $500m in initial public offering
SoftBank is the largest investor in the online real estate portal, which was valued at $6.4bn in its series G round early last year.
DigitalOcean swims towards initial public offering
Access Industries is set to exit the cloud infrastructure technology developer, which has filed to raise up to $100m on the New York Stock Exchange.
Connect Bio to attach itself to public markets
Eli Lilly-backed inflammatory disease drug developer has filed to raise up to $100m in an initial public offering in the United States.
Cision to snag Brandwatch in $450m acquisition
Cision, already a shareholder in the social media analytics provider, is set to pay $450m to acquire it, following $63m in funding.
MDLive heads to Evernorth
Sutter Health, Novo, Sentara and Health Care Service Corporation are set to exit the virtual healthcare provider in an acquisition of undisclosed size.
Manbang Group loads up billion-dollar IPO
Tencent, SoftBank and Alphabet are in line for exits after the trucking services provider confidentially filed to float in a US initial public offering sized above $1bn.
AstraZeneca achieves Moderna stake sale
AstraZeneca likely received over $1bn from selling its shares, having invested $140m in the publicly listed covid-19 vaccine developer in 2015.
Coinbase confirms direct listing plans
BBVA, NTT Docomo, USAA and New York Stock Exchange will have the option to sell shares in the digital currency trading platform at a possible $100bn valuation.

Other News

Markforged devises reverse merger plan
Microsoft, Porsche and Siemens have all scored another win as Markforged pursues a reverse merger that will net it $425m in gross proceeds.
Berkshire Grey picks reverse merger route
SoftBank’s robotics portfolio company Berkshire Grey has lined up a reverse merger with Revolution Acceleration Acquisition Corp and will be valued at $2.7bn.
ReNew Power charges towards Nasdaq
Having abandoned plans for an IPO three years ago, ReNew Power has now settled on a reverse merger and will secure proceeds worth $1.2bn.
Joby Aviation takes flight for reverse merger
The Intel Capital, JetBlue Technology Ventures, Toyota AI Ventures and Uber-backed flying car developer is set to list on the NYSE.
WingArc1st to fly to public markets
The business software producer is set to float in a $172m offering on TSE that will enable Data Applications, Itochu, Pksha, Sansan, Suzuyo, SystemExe, Teikoku DataBank and Toshiba Digital Solutions to exit.
Enovix picks partner for reverse merger
The Intel, Qualcomm and Cypress Semiconductor-backed battery technology developer will be listed on the Nasdaq Capital Market.

Editor's Picks

23andMe links to Virgin in $3.5bn reverse merger
The corporate-backed genetic testing service is joining forces with an NYSE-listed special purpose acquisition company sponsored by Virgin Group.
Sana Bio plants itself on public markets
The Alphabet-backed immunotherapy developer secured nearly $588m in what was reputedly the largest ever flotation for a preclinical life sciences company.
Visa releases Plaid from acquisition agreement
The $5.3bn purchase agreed a year ago would have enabled Alphabet, Mastercard, Citi and American Express to exit the banking software producer.
Proterra opts for reverse merger route
Mitsui, Edison Energy, BMW, Daimler, General Motors and Exelon-backed electric bus manufacturer Proterra achieved a $1.6bn enterprise value in the deal.
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