Keywords: IPO
French quantum computing startup Pasqal has announced a major financing package of 340 million euros alongside a merger with a listed shell company, paving the way for a dual stock market listing in Paris and on the Nasdaq at a pre‑money valuation of 2 billion dollars. Half of the new funds, or 170......
Moroccan construction and engineering group SGTM reported consolidated revenue of MAD 15.2 billion, or $1.52 billion, in 2025, up 36.6 percent from MAD 11.1 billion in 2024. The company linked the increase to faster execution of ongoing projects and the launch of major infrastructure programs. Fourth-quarter......
Finland’s IQM Quantum Computers has agreed to merge with Real Asset Acquisition Corp, a US-listed special purpose acquisition company, in a deal that would take the quantum hardware maker public at an equity valuation of about 1.8 billion dollars. The transaction, which remains subject to approval......
Elon Musk has overhauled the structure of his artificial intelligence company xAI after a wave of departures that has seen half of its original cofounding team exit since its launch in July 2023. The latest resignations, announced within 48 hours of each other, come as Musk prepares to integrate xAI......
SpaceX and Elon Musk's xAI are negotiating a potential merger that could pave the way for the largest initial public offering in history, according to an exclusive Reuters report. The deal would unite Musk's aerospace powerhouse with his AI venture, folding the Starlink satellite network, the......
La Société Générale des Travaux du Maroc (SGTM), a leading Moroccan construction and infrastructure group, has officially received approval from the Moroccan Capital Market Authority (AMMC) to launch its highly anticipated initial public offering (IPO) on the Casablanca Stock......
Moroccan construction giant SGTM is gearing up for an initial public offering (IPO) on the Casablanca Stock Exchange as it seeks funding to support a record-breaking $3.4 billion order book. The company, which has secured contracts worth MAD 34 billion as of September, aims to sustain its rapid expansion......
The Moroccan Capital Market Authority (AMMC) approved on Friday the prospectus for the initial public offering (IPO) of Cash Plus, marking a significant step in the development of Morocco’s financial sector. The operation involves the issuance of 2 million new shares and......
Uber Technologies is set to invest $100 million in Pony AI, a leading Chinese robotaxi company, as part of a strategic move to deepen its foothold in the rapidly expanding autonomous vehicle market. The investment will be made via Pony AI’s initial public offering (IPO) in Hong Kong, which launched......
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