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Bank of America downgrades hot IPO and Nvidia derivative CoreWeave, citing valuation

CNBC: Investing

billion initial public offering raise marked the largest tech offering on Wall Street since 2021. "However, with stock trading at 25x CY27e EBIT, a premium to the peer group at 16x, we believe much of the upside is priced in." " CoreWeave went public in late March. CoreWeave's $1.5

IPO
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SPACs are Back (on the Table) at Goldman

Deal Lawyers

After being the second-largest underwriter of SPAC IPOs in 2021, the firm made the decision in 2022 not to work with SPACs anymore — through a self-imposed ban on underwriting SPAC IPOs or working on de-SPAC transactions — apparently deeming it too […]

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Sports Investment Banking: How to Win the Super Bowl and the World Cup in the Same Year

Mergers and Inquisitions

However, one common point across all the verticals is that IPOs are not common because there aren’t that many publicly traded sports teams, stadiums, or arenas. SPAC IPOs for esports companies were “hot” for a short period in 2021, but they seem to have died off by now.

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Analysts move to the sidelines on CoreWeave stock after big surge since IPO

CNBC: Investing

Its initial public offering earlier this year was the biggest technology IPO since 2021. Analysts at Mizuho Securities and Stifel downgraded the artificial intelligence cloud computing stock to hold in the last 24 hours. Mizuho's $150 per share target implies a slide of about 6%, while Citi's $160 forecast is roughly 0.1%

IPO
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UK Corporate Briefing - August 2025

JD Supra: Mergers

Takeover Panel consultation and new practice statements The Takeover Panel has published a consultation paper on dual class share structures, IPOs and share buybacks. Under the new rules an MTF admission prospectus, which does not need FCA approval, will be required for all IPOs and reverse takeovers on AIM (in new rules MAR 5-A).

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Best Stocks: The Amazon of South Korea that's regaining investor attention after four years in exile

CNBC: Investing

The company went public to a great deal of fanfare in March of 2021 during the IPO bubble. Risk management Josh here — CPNG, despite its rally this year, is still in a 40% drawdown from the '21 peak despite the fact that it is now a much bigger, more successful business than it was at the time of its IPO. Until now.

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Viking is the biggest IPO of the year, capping off a huge month for IPOs

CNBC: Investing

Eighteen IPOs raised a combined $5.3 billion in April, according to Renaissance Capital, the busiest month since November 2021.

IPO