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New direct listings won't spell the death of IPOs


New direct listings won t spell the death of IPOs
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New direct listings won t spell the death of IPOs
View of the NYSE building during snowfall in the Financial District of Manhattan, New York City, New York on Dec 17, 2020. (Photo: REUTERS/Jeenah Moon)
28 Dec 2020 11:45PM
(Updated:
29 Dec 2020 01:03AM)
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NEW YORK: The US Securities and Exchange Commission s approval of capital raisings through direct listings will be seized on by some startups, yet most companies will still opt for initial public offerings (IPOs), capital market insiders say.
The financial regulator greenlighted the New York Stock Exchange s request last week to allow companies to raise money in stock market debuts through direct listings, without using underwriters as is customary with IPOs. ....

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Analysis: New direct listings won't spell the death of IPOs


6 Min Read
(Reuters) - The U.S. Securities and Exchange Commission’s approval of capital raisings through direct listings will be seized on by some startups, yet most companies will still opt for initial public offerings (IPOs), capital market insiders say.
Decorations on a Christmas tree are pictured outside the New York Stock Exchange during the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., December 16, 2020. REUTERS/Carlo Allegri
The financial regulator greenlighted the New York Stock Exchange’s request last week to allow companies to raise money in stock market debuts through direct listings, without using underwriters as is customary with IPOs. ....

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ANALYSIS-New direct listings won't spell the death of IPOs


6 Min Read
(Reuters) - The U.S. Securities and Exchange Commission’s approval of capital raisings through direct listings will be seized on by some startups, yet most companies will still opt for initial public offerings (IPOs), capital market insiders say.
FILE PHOTO: View of the NYSE building during snowfall in the Financial District of Manhattan, New York City, New York, U.S., December 17, 2020. REUTERS/Jeenah Moon
The financial regulator greenlighted the New York Stock Exchange’s request last week to allow companies to raise money in stock market debuts through direct listings, without using underwriters as is customary with IPOs. ....

New York , United States , New York Stock Exchange , Anna Pinedo , Greg Rodgers , Jeff Richards , Dan Grebler , Greg Roumeliotis , Mayer Brown , Morgan Stanley , Goldman Sachs Group Inc , Goldman Sachs , Asana Inc , Doordash Inc , York Stock Exchange , Thomson Reuters Trust Principles , America Corp Neil Kell , Airbnb Inc , Spotify Technology , Latham Watkins , Allen Company , Snowflake Inc , Exchange Commission , Silicon Valley , Wall Street , Palantir Technologies ,