In academia, development of new reagents is covered by governments or institutes – and one chemist wondered if he could better leverage this investment.
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Tech Tracker: Toast seeks $18 billion IPO valuation | Nation s Restaurant News nrn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nrn.com Daily Mail and Mail on Sunday newspapers.
Toast Inc. is planning an initial public offering that could value the restaurant-software provider at around $20 billion, people familiar with the matter said.
Cloud-based Restaurant Software Provider Toast to File for IPO
Feb 22 2021 · 11:11 UTC | Updated
Feb 22 2021 · 11:24 by Benjamin Godfrey · 3 min read
Photo: Unsplash
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Toast has reportedly tapped Goldman Sachs and JPMorgan Chase as its lead underwriters for the proposed IPO this year.
American cloud-based restaurant software company Toast Inc is set to go public. As reported by the Morning Star, the firm’s pursuit to get listed on a stock exchange may either be through an Initial Public Offering (IPO) or via a merger with a Special Purpose Acquisition Company (SPAC).
The public listing is bound to give the firm a valuation of $20 billion according to people familiar with the matter. Per the report, there exist no guarantees that Toast Inc will eventually pull through with the IPO plans following any of the aforementioned options.