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Secondary Offering

All articles tagged with #secondary offering

finance2 years ago

"Billionaire Bill Ackman Invests $25 Million in Tel Aviv Stock Exchange"

Billionaire investor Bill Ackman and his wife, Neri Oxman, have purchased a $25 million, 4.9% stake in the Tel Aviv Stock Exchange through a secondary offering, reflecting strong interest from investors across Israel, the United States, Europe, and Australia. Ackman, a prominent figure in the US political dialogue over the Israel-Hamas war, has described himself as both pro-Israel and pro-Palestine, and has invested "millions" to aid Palestine's economic development and "peaceful coexistence" with Israel.

via Yahoo Finance|
#bill-ackman#finance#investment
finance2 years ago

"Billionaire Bill Ackman and Wife Neri Oxman Acquire 5% Stake in Tel Aviv Stock Exchange"

Hedge fund billionaire Bill Ackman and his wife Neri Oxman have purchased a nearly 5% stake in the Tel Aviv Stock Exchange as part of a secondary offering, reflecting strong investor interest from across the globe. The couple's investment comes amid a period of heightened support for Israel following recent events, with Ackman being the CEO and founder of Pershing Square Capital Management and Oxman being an American-Israeli designer and professor.

via CNBC|
#bill-ackman#finance#neri-oxman
finance2 years ago

"Insights for Investors: Plug Power's Desperate Money-Raising Move"

Plug Power plans to raise up to $1 billion in capital through a secondary offering, potentially impacting shareholders with its $1.5 billion market cap. Investors are advised to consider the insights from the Motley Fool Stock Advisor analyst team, which has identified 10 stocks for potential high returns, with Plug Power not being among them. The Stock Advisor service offers guidance on portfolio building and has outperformed the S&P 500 since 2002.

via Yahoo Finance|
#capital-raise#finance#investment
business2 years ago

Vince McMahon's Massive TKO Stock Sell-Off Raises Questions

Vince McMahon, the founder of TKO Group Holdings, is selling 8.4 million shares of his stock in the company, worth over $700 million. This represents approximately 29% of his total shares. TKO executives, including CEO Ariel Emanuel and President Mark Shapiro, have expressed interest in purchasing a portion of the stock. The move comes amidst an ongoing federal investigation into McMahon's alleged misconduct, which poses a risk to TKO's business.

via Cageside Seats|
#business#executives#secondary-offering
business2 years ago

SpaceX's Valuation Soars to $150 Billion with Secondary Share Sale

Elon Musk's SpaceX is nearing a valuation of $150 billion after a secondary share sale by existing investors. The company has an agreement to sell up to $750 million in stock from insiders at $81 per share, representing a 5% increase from its previous secondary sale. This offering does not involve raising new capital, but rather allows employees and shareholders to sell their existing shares. SpaceX, known for its dominance in the U.S. satellite launch market and the success of its Starlink internet service, continues to invest heavily in the development of its Starship rocket. The company remains tight-lipped about the potential IPO of its Starlink business.

via CNBC|
#business#elon-musk#secondary-offering