Late Stage Mature Pre IPO Unicorns - PreIPOSwap.com

Day: April 13, 2022

Excelerate Energy prices IPO at $24, the high end of the range

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By Renaissance Capital, Excelerate Energy, which operates LNG storage and regasification infrastructure in emerging markets, raised $384 million by offering 16 million shares at $24, the high end of the range of $21 to $24. Excelerate Energy plans to list on the NYSE under the symbol EE. Barclays, J.P. Morgan, Morgan Stanley, and Wells Fargo Securities[…]

Fintech start-up Varo Bank triples valuation to $2.5 billion after gaining bank charter

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From CNBC Sept 2021: Varo Bank has more than tripled its valuation after gaining a national banking charter last year, CNBC has learned. The company is set to announce Thursday that it raised $510 million in a Series E round led by hedge fund Lone Pine Capital and including dozens of new and existing investors. The[…]